Recognized for Efforts to Address Environmental and Social Issues such as Carbon Neutrality and Hydrogen Economy

SK E&S Seeks 'Carbon Neutrality' Solutions Through Win-Win Cooperation... Receives Presidential Citation View original image


[Asia Economy Reporter Hwang Yoon-joo] SK E&S has been recognized for its efforts to address environmental and social issues such as 'carbon neutrality realization' and 'hydrogen economy activation' through voluntary win-win cooperation with small and medium-sized enterprises (SMEs), and has been selected as a 'Win-Win Growth Merit Company.'


On the 3rd, SK E&S announced that it received the Presidential Citation in the 'Large and Small Business Win-Win Cooperation' category at the '2021 Win-Win Growth Week Commemorative Event' hosted by the Ministry of SMEs and Startups and organized by the Win-Win Growth Committee and the Foundation for Large and Small Business, Agriculture and Fisheries Cooperation.


The Win-Win Growth Week commemorative event is a statutory event held annually to promote win-win growth between large and small businesses and to enhance public understanding and interest. At this year’s event, SK E&S received the highest honor in the group category, the Presidential Citation, for its contribution to strengthening corporate competitiveness and national economic development through the power of win-win cooperation.


SK E&S was recognized for its efforts to discover and support innovative SMEs with technological capabilities to solve various environmental social issues from an ESG perspective by utilizing the win-win cooperation fund.


First, SK E&S is supporting research and development (R&D) costs for technology advancement targeting promising SMEs in the field of Carbon Capture, Utilization, and Storage (CCUS), a core means of achieving carbon neutrality. By supporting the development, demonstration, and commercialization of carbon dioxide absorbents optimized for hydrogen production, a future eco-friendly energy, and liquefied natural gas (LNG) power generation, it is expected to establish solutions that can contribute to the substantial reduction of greenhouse gases.



Furthermore, SK E&S is making efforts to strengthen the hydrogen ecosystem competitiveness by supporting R&D for startups developing liquefied hydrogen fuel cell drones, a future advanced technology. It is also promoting measures to reduce greenhouse gases by discovering promising venture companies to help localize materials, parts, and equipment necessary for building eco-friendly power plants, and by improving energy efficiency through energy diagnosis and replacement of aging facilities in small and medium-sized companies.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing