Homeplus Strengthens ESG Management... Expands Eco-Friendly PB Products

Homeplus announced that it will actively invest in environmental management to strengthen ESG (Environmental, Social, and Governance) management.

[Asia Economy Reporter Lim Chun-han] Homeplus announced on the 22nd that it will actively invest in environmental management to strengthen ESG (Environmental, Social, and Governance) management.

Homeplus avoids the use of unnecessary plastic or vinyl in its private brand (PB) products and replaces containers with single materials that are easier to recycle, expanding the introduction of eco-friendly containers and new material packaging. In particular, it will launch a no-label bottled water that does not display any brand or logo on the PET bottle itself. Through this, it is expected to reduce plastic usage by up to approximately 23 tons annually.

Colored PET bottles, which are difficult to recycle, will also be changed to transparent ones. Following the launch of Homeplus Signature Cola and Cider 1.5L in transparent PET bottles, Homeplus plans to gradually expand transparent PET bottle products, including two types of Homeplus Signature cooking oil.

Homeplus is also focusing on energy savings through environmentally friendly store operations. Last year, it reduced carbon dioxide emissions by about 20,000 tons compared to the previous year and achieved savings of 21% in water, 18% in gas, and 17% in district heating. Continuous facility investments have resulted in an annual electricity saving of 4.1 GWh. Currently, about 50 Homeplus stores have received the Ministry of Environment’s Green Store certification, a store certification system that contributes to activating green consumption.

Homeplus is also investing in expanding children’s awareness of the environment and creating future value. In addition to environmental puppet shows and experiential learning for children held at cultural centers in major stores nationwide, it plans to develop and operate additional in-house environmental education programs.

Homeplus strengthens its green partnership by actively collaborating not only with government agencies such as the Ministry of Environment but also with companies in major domestic industries. Through this, it plans to enhance awareness and participation in environmental protection and elevate its status as a company that cares for the natural environment.

A Homeplus official said, “We will expand active investments for the environment across all aspects of management, including products and services, offline and online,” adding, “Recognizing the importance of environmental protection and fulfilling corporate responsibility, we will actively practice environmental management, a core value of ESG.”

This content was produced with the assistance of AI translation services.