"Ourhome" Signs Contract Farming Agreement with Hamyang County and Hamyang County Nonghyup for "Coexistence with Local Farms"

Plan to Purchase Approximately 1,000 Tons of Low-Carbon Onions Using Eco-Friendly Biodegradable Mulching Method
Reduction of Plastic Waste Generation and Production Cost Savings

At the low-carbon onion contract cultivation business agreement ceremony held on the 1st between Ourhome, Hamyang County, and Hamyang County Nonghyup Corporation, (from left) Seongwook Jo, Head of MD Division at Ourhome, Byeongyoung Jin, Mayor of Hamyang County, and Youngjae Jeong, CEO of Hamyang County Nonghyup Cooperative Joint Business Corporation, are taking a commemorative photo after signing the agreement.

[Asia Economy Reporter Eunmo Koo] Ourhome is embarking on ESG (Environmental, Social, and Governance) management practices based on coexistence with local farms.

Ourhome announced on the 2nd that it signed a tripartite Memorandum of Understanding (MOU) for low-carbon onion contract farming with Hamyang County and Hamyang County Nonghyup Cooperative Joint Business Corporation on the 1st.

As part of its ESG management, Ourhome signed this MOU to secure eco-friendly agricultural products and promote coexistence with local farms. The parties plan to collaborate on local agricultural production and stable supply, eco-friendly crop cultivation, and quality control.

The contract farming volume amounts to approximately 1,000 tons of onions cultivated over 50,000 pyeong (approximately 165,289 square meters) of farmland. The crops are grown using biodegradable eco-friendly mulching film, which covers the surface of the cultivated land. This eliminates the need to separately remove plastic film, reducing plastic waste and effectively lowering labor and production costs.

Additionally, Ourhome will establish a business model that actively utilizes the contracted low-carbon onions. It plans to prioritize purchasing agricultural products from Hamyang County, provide sales channels, and support technical consulting and product development. The purchased low-carbon onions will be used in Ourhome’s nationwide employee cafeterias and food service establishments.

An Ourhome representative stated, “Starting with this low-carbon onion cultivation, we will make greater efforts to supply eco-friendly agricultural products that consider the environment and consumer safety,” adding, “We will continue to actively promote social contribution activities that foster coexistence to revitalize local farms and agricultural product consumption.”

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