Gas Gong, Utilizing Discarded Water Resources... Awarded Excellence in ESG Management Grand Prize

Korea Gas Corporation announced on the 17th that it received the 'Excellence Award' in the environmental category of the 'Global ESG Management Awards' by reducing costs through the utilization of discarded water resources.

The 'Global ESG Management Awards' is an event hosted by the Korean Academic Society of International Business. It evaluates representative ESG (Environmental, Social, Governance) management cases by institutions based on challenge, innovation, and ripple effects, awarding institutions with outstanding achievements and sustainable development potential.

KOGAS was recognized for its contribution to the Jeju 'Carbon Free Island 2030' project by developing a 'Water Self-Sufficiency System' that efficiently utilizes condensate generated during the natural gas production process, thereby leading the role of an eco-friendly energy public enterprise.

The 'Water Self-Sufficiency System' is a project that utilizes over 12,000 tons of condensate annually, formed on the surface of an air-type vaporizer by the -162℃ cold heat of liquefied natural gas (LNG), as firefighting and industrial water at the Jeju LNG base, supplying it free of charge to the water-scarce Jeju region.

KOGAS procures 7,500 tons of this condensate as firefighting and industrial water for the Jeju base, saving 25 million KRW annually in water supply costs. Since 2021, it has also been promoting a project in cooperation with the Jeju Provincial Government to provide condensate free of charge as agricultural water to the local community.

KOGAS is also strengthening its activities to achieve the ESG management vision of 'KOGAS Clean Energy for a Sustainable Future.' In December last year, it obtained international certification for the 'Anti-Corruption Management System (ISO37001)' by establishing anti-corruption management manuals and procedures, identifying corruption risks, and preparing management measures.

A KOGAS official stated, "As the importance of ESG management continues to grow day by day, we will actively communicate with internal and external stakeholders to enhance our internal promotion system, lead the introduction and spread of ESG management in local communities, and faithfully fulfill our responsibilities as a public enterprise."

Korea Gas Corporation received the 'Excellence Award in the Environment Category' at the 'Global ESG Management Awards (Public Sector)' ceremony held on the 12th at Konkuk University Business Hall. Professor Kim Joo-kwon (left), President of the Korean Academic Society of International Business, and Hwang Dong-an, Head of Jeju LNG Headquarters (right), are taking a commemorative photo after the award ceremony.

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