Cheonwoo Partners and Woori Management Institute Sign Business Agreement to Promote Eco-Friendly Smart Driving

Agreement to Cooperate on Greenhouse Gas Reduction in the Transportation Sector

Woori Management Institute announced on the 10th that it has signed a strategic business agreement with Cheonwoo Partners to establish ESG management and promote eco-friendly smart driving, agreeing to mutually cooperate to reduce greenhouse gas emissions in the transportation sector.

Through this agreement, both companies plan to jointly promote necessary matters for mutual development, including ▲establishing policies to spread eco-friendly smart driving in the transportation sector ▲joint promotion for participation in greenhouse gas reduction ▲the transportation sector greenhouse gas reduction platform developed by Cheonwoo Partners.

Cheonwoo Partners CEO Gong Kyung-sik (left) and Woori Management Research Institute Director Park Jong-cheol (right) are posing for a commemorative photo after the agreement. Photo by Cheonwoo Partners

Kong Kyung-sik, CEO of Cheonwoo Partners, said, "We will contribute to reducing carbon emissions in the transportation sector through eco-friendly smart driving and serve as a comprehensive platform for the transportation sector to support companies' efforts in ESG management." CEO Kong was also selected as a ‘New Intellectual of Korea in the Environmental Field’ at the 41st New Intellectual of Korea Certification Ceremony held on the 7th at the National Assembly Members' Office Building Grand Conference Room.

Park Jong-cheol, President of Woori Management Institute, stated, "We expect this to greatly help the establishment of ESG management and the enhancement of national competitiveness for central government, local governments, public enterprises, research institutes, large corporations, mid-sized companies, and small and medium enterprises, as well as have a significant effect on the development of both companies."

Cheonwoo Partners is a blockchain-based ICT specialized company that provides a greenhouse gas reduction platform and vehicle analysis data. It interprets and analyzes accumulated electronic signal big data related to automobiles using artificial intelligence (AI) technology. The data is then linked to a mobile app, providing a screen that allows users to see the current status of their vehicle at a glance and information about driving habits, offering a service platform that helps individuals practice eco-friendly driving.

Woori Management Institute is a specialized research institution responsible for consulting, advising, and education related to management (including ESG management) and legal matters. It is led by Park Jong-cheol, an American lawyer with over 30 years of field experience in financial institutions.

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