BGF Retail Achieves Certification as Excellent Green Logistics Practice Company for 9 Consecutive Years
[Asia Economy Reporter Lim Chun-han] BGF Retail announced on the 10th that it has received the Excellent Green Logistics Practice Company certification from the Ministry of Land, Infrastructure and Transport for the ninth consecutive year.
The Excellent Green Logistics Practice Company designation system is designed to encourage sustainable eco-friendly logistics activities by designating companies with outstanding logistics energy efficiency and greenhouse gas reduction performance among logistics and shipper companies. Since BGF Retail first received the certification in 2013 as the first convenience store company, it has consistently participated in the certification every three years during the re-certification period, achieving the industry's highest number of four certifications to date.
BGF Retail’s logistics subsidiary, BGF Logis, completed verification of its greenhouse gas inventory last year through DNV, a global certification and verification specialist, to practice carbon-neutral management and obtained a certificate that meets international standards. Additionally, it introduced electric vehicles for delivery trucks supplying products to stores for the first time in the industry. Electric vehicles do not emit air pollutants such as fine dust and nitrogen oxides and reduce annual carbon emissions by about 2 tons compared to internal combustion engine vehicles.
The solar power plant completed by BGF Retail at the central logistics center in Jincheon, Chungbuk, the first in the industry, is gaining attention as a new eco-friendly logistics model for distribution companies. It currently produces about 1,200 MWh of electricity annually, enough for approximately 1,400 households. The revenue generated is reinvested into the convenience store business, creating both environmental benefits and business value simultaneously.
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A BGF Retail official said, “In line with our ESG (Environmental, Social, and Governance) management vision, we are focusing on enhancing environmental protection as well as social and economic benefits by actively engaging in eco-friendly logistics activities,” adding, “We will continue to pursue environmentally friendly activities across our business infrastructure in accordance with the government’s energy efficiency and carbon neutrality policies.”
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