Woori Financial Group Hosts 'Circular Economy Conference 2022' with World Wide Fund for Nature

On the 9th, at The Plaza Hotel located in Jung-gu, Seoul, Park Jong-il, Vice President of Woori Financial Group (fourth from the left), and other officials are taking a commemorative photo at the 'Circular Economy Conference 2022'.

[Asia Economy Reporter Song Seung-seop] Woori Financial Group announced on the 10th that it held the ‘Circular Economy Conference 2022’ in collaboration with the World Wide Fund for Nature (WWF).

The event, held the previous day at the Plaza Hotel in Jung-gu, Seoul, was organized to promote the transition to a circular economy society and win-win management among stakeholders. The circular economy is an eco-friendly economic model that pursues sustainability by maximizing the long-term circulation of resources through reuse and recycling.

The conference consisted of three sessions covering the meaning and role of the circular economy, analysis of the external environment for transitioning to a circular economy society, trends in key industries leading the circular economy, and corporate response strategies. Presentations introduced Woori Financial Group’s ‘Global Guidance’ being developed for resource circulation and the circular economy, as well as the ‘UN Plastic Treaty’ being promoted by the international community.

Park Jong-il, Vice President of the Strategy Division at Woori Financial Group, stated, “Efforts to consume fewer resources and energy are necessary to respond to the climate crisis and restore nature, but methods to circulate resources are also very important. We hope that various stakeholders fulfill their social responsibilities toward building a circular economy and become the foundation for creating a better world.”

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