Lotte Chemical Steps Up to Strengthen Environmental Management Capabilities with Partners... Over 70 Companies Attend

5th Environmental Seminar Held
Sharing Insights on Global Environmental Regulatory Trends
"Let's Integrate ESG Across the Entire Supply Chain"

Lotte Chemical has created an opportunity to enhance environmental management capabilities together with its partner companies.

Lotte Chemical announced on the 29th that it held the '5th Partner Company Environmental Seminar' on the 28th at Lotte World Tower in Songpa-gu, Seoul. This event, which has been held annually since 2022, is part of efforts to promote environmental cooperation and mutual growth.

Lotte Chemical announced on the 29th that it held the '5th Partner Company Environmental Seminar' on the 28th at Lotte World Tower in Songpa-gu, Seoul. Lotte Chemical

This year's seminar was attended by representatives from more than 70 partner companies. Participants shared insights on the theme of 'Trends in Environmental Regulations for Sustainable Supply Chain Management,' including: environmental laws such as the Ministry of Environment's policy direction and recent cases; the voluntary reporting system under the Act on Registration and Evaluation of Chemicals (K-REACH); life cycle assessment (LCA) and certification systems; and support programs for supply chain environmental, social, and governance (ESG) initiatives.

In particular, it was emphasized that, as major countries including the EU strengthen supply chain regulations, it is urgent for domestic companies to develop response strategies. Transparent management across the entire supply chain, public disclosure of information, and prevention of greenwashing were also highlighted as key issues.

Park Incheol, Head of ESG Management at Lotte Chemical, stated, "Various environmental laws and policies, such as ESG integration within supply chains and eco-friendly advertising guidelines, are being gradually strengthened worldwide. As corporate responses become increasingly important, Lotte Chemical will continue to foster mutual growth and lay the foundation for shared success with its partner companies."

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