Coupang Fulfillment Service Signs Sustainable Management MOU with Korea Forest Service
Coupang Fulfillment Service (CFS) announced on the 16th that it will expand the ‘Wow The Forest’ campaign, which it has been promoting since this year, as a major social contribution activity.
On the same day, CFS signed a 'Memorandum of Understanding for Sustainable Development and Environmental, Social, and Governance (ESG) Mutual Cooperation' with the Korea Forest Service at Coupang’s Jamsil headquarters in Songpa-gu, Seoul. The signing ceremony was attended by Jung Jong-cheol, CFS CEO, and Nam Sung-hyun, Commissioner of the Korea Forest Service.
Jung Jong-cheol, CEO of Coupang Fulfillment Service (left), and Nam Sung-hyun, Commissioner of the Korea Forest Service, signed a "Business Agreement for Mutual Cooperation on Sustainable Development and Environmental, Social, and Governance (ESG) Management" on the 16th at Coupang Jamsil Office in Songpa-gu, Seoul.
View original imageFollowing this MOU, CFS plans to conduct annual tree-planting volunteer activities with its employees in national forests in northern Gyeonggi Province. Additionally, they will support supplies to major temporary shelters in preparation for landslides and promote mutual cooperation for planned events to boost the sales of forest products. Other key agreement details include linking the use of forest welfare facilities to Coupang Fulfillment Service’s social contribution activities and collaborating on campaigns to prevent forest disasters such as wildfires and landslides.
Nam Sung-hyun, Commissioner of the Korea Forest Service, said, “It is very encouraging that Coupang Fulfillment Service has taken an active interest in forest-related activities through the Wow The Forest campaign,” adding, “We will continue to provide policy support and cooperation to help activate CFS’s voluntary social contribution activities in the forestry sector.”
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Jung Jong-cheol, CEO of CFS, stated, “I am pleased to sign a meaningful MOU with the Korea Forest Service at a time when the value of trees and forests has become important,” and added, “Starting with the Wow The Forest campaign, CFS will strive even harder to practice sustainable eco-friendly management.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.