SK E&S Selected as the First Company in the Ministry of SMEs and Startups' 'Caring Company 2.0' Program
[Asia Economy Reporter Hwang Yoon-joo] SK E&S has been selected as the first participant in the Ministry of SMEs and Startups' 'Caring Companies 2.0' program, stepping up as a special helper for small and medium enterprises (SMEs) and small business owners to transition to carbon neutrality and ESG management.
On the 22nd, SK E&S announced that it signed a business agreement on 'Realizing the Hydrogen Economy and Carbon Neutrality and Solving Regional Issues' with the Ministry of SMEs and Startups (MSS) and the Innobiz Association at the Foundation for Cooperation between Large, Medium, and Small Enterprises and Agriculture and Fisheries in Guro-gu, Seoul. The signing ceremony was attended by SK E&S CEO Choo Hyung-wook, Minister Kwon Chil-seung of the Ministry of SMEs and Startups, Innobiz Association Chairman Lim Byung-hoon, and other key officials.
At the event, SK E&S, MSS, and the Innobiz Association pledged to ▲discover and nurture innovative companies to jointly lead the hydrogen economy and carbon neutrality ▲support promising SMEs and venture companies in the green new deal sector ▲join forces to solve crises and problems faced by local communities.
'Caring Companies' (voluntary win-win cooperation companies) refer to large corporations that share their business infrastructure and know-how with SMEs and small business owners, leading their growth support. Since May 2019, the Ministry of SMEs and Startups has selected a total of 26 companies as 'Caring Companies.'
In particular, the Ministry recently revamped the program to 'Caring Companies 2.0,' moving beyond voluntary win-win cooperation to actively support SMEs and small business owners in transitioning to carbon neutrality and ESG management. SK E&S, a private energy company leading low-carbon LNG business as well as hydrogen, renewable energy, and energy solutions in low-carbon eco-friendly energy sectors, was chosen as the first partner of the Ministry's 'Caring Companies 2.0.'
SK E&S plans to establish a 30 billion KRW win-win cooperation fund and promote various win-win cooperation activities with the Ministry of SMEs and Startups, including the projects under this agreement.
First, SK E&S and the Ministry will jointly discover promising companies in the domestic carbon dioxide greenhouse gas reduction technology field (CCUS) and innovative companies related to the hydrogen economy, supporting their research and development. Additionally, based on SK E&S’s professional operational know-how in renewable energy and energy solutions, they will discover and nurture related startups and support SMEs in related industries to gradually localize materials, parts, and equipment necessary for building eco-friendly power plants.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Furthermore, amid the prolonged COVID-19 pandemic and the escalating difficulties in the regional economy, they plan to help overcome the COVID-19 crisis in local communities by fostering social ventures and social enterprises, thereby establishing a foundation for mutual growth.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
