Jungjingong and Namdong Power Establish Virtuous Cycle System for SME Greenhouse Gas Reduction

Business Agreement to Support Carbon Asset Discovery for SMEs

The Small and Medium Business Corporation (hereinafter referred to as SBC, Chairman Kim Hak-do) announced that it visited Dongsan Global on the 22nd and signed a business agreement with Korea South-East Power Co., Ltd. (hereinafter referred to as Korea South-East Power, President Kim Hoe-chun) to establish a collaborative system for joint response to carbon neutrality and greenhouse gas reduction in small and medium enterprises.

This agreement was prepared to expand the participation of small and medium enterprises in achieving the expanded industrial sector reduction targets following the government's announcement of the national greenhouse gas reduction target adjustment in March.

Small and Medium Business Corporation

Both organizations will establish a win-win cooperation model for greenhouse gas reduction and support the discovery of carbon assets in small and medium enterprises. They plan to provide one-stop support for carbon neutrality transition, from improving energy efficiency in small and medium enterprises engaged in high carbon emission industries to trading greenhouse gas offset emission permits.

Dongsan Global is the first company recommended by SBC and is a textile company that manufactures and supplies yarn spinning and processing. It is exemplary in reducing greenhouse gases through the introduction of energy storage systems (ESS), solar power, and high-efficiency facilities.

Through this agreement, SBC will support high-efficiency facilities that reduce greenhouse gases, and Korea South-East Power will provide consulting for registering the reduced greenhouse gases in external reduction projects and support the practical implementation of carbon neutrality in small and medium enterprises, including purchasing emission permits generated through this process.

Kim Moon-hwan, Head of Innovation Growth Division at SBC, said, "Due to the nature of government support projects, the focus has been on infrastructure creation such as facility support, and there is a lack of follow-up implementation and management functions. Through this agreement, small and medium enterprises can continue carbon reduction activities using the infrastructure supported, and it will be a good opportunity to change the perception that practicing carbon neutrality is not a cost but a profit."

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