KOTRA Holds Briefing Session on 'RE100' Response as an Export Opportunity Factor

Online 'RE100 Response Strategy Briefing' for Small and Medium Export Companies

[Asia Economy Reporter Kim Pyeonghwa] The Korea Trade-Investment Promotion Agency (KOTRA) will hold an ‘Online Briefing on RE100 Response Measures’ with the Korea Energy Agency on the 6th of this month. As the importance of RE100 grows in export businesses, this event aims to explore response measures for related business operators.

RE100 is a campaign launched in September 2014, led by the UK non-profit organization The Climate Group and the Carbon Disclosure Project (CDP). The goal is for companies to use 100% renewable energy for their electricity consumption. As of October, over 380 global companies including Google, Apple, and BMW have joined. Recently, Germany has mandated the use of renewable energy for suppliers of RE100 member companies, prompting domestic suppliers to seek solutions.

At this briefing, experts from various fields will present on ▲RE100 and the status and direction of the Korean-style RE100 initiative ▲Cases of renewable energy supply for RE100 implementation ▲Response measures for small and medium-sized enterprises (SMEs) regarding RE100. The Korean-style RE100 is a program by the Korea Energy Agency where domestic electricity consumers use renewable energy electricity and receive certificates of usage confirmation to utilize for RE100 compliance.

Jeon Chun-woo, Head of KOTRA’s SME and Mid-sized Enterprise Division, stated, “We will strive to ensure that domestic export companies view RE100 not as a hurdle but as an opportunity factor, enabling stable exports.”

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