On January 11, 2025, prominent leaders from South Korea’s corporate sector convened at the annual Forum on Sustainable Practices, aiming to tackle key environmental challenges and foster sustainable business strategies. The event saw significant participation from major industries, including technology and manufacturing, highlighting the commitment to reducing carbon footprints amid rising global climate concerns.
Lee Kun-hee, CEO of Samsung Electronics, emphasized, “As industry leaders, we must take responsibility and lead in innovative sustainable practices. Our target is to achieve carbon neutrality by 2050, which is no longer an option but an imperative.”
Similarly, Kim Bo-kyung, Chairperson of Hyundai Motors, presented the company’s ambitious EV production plan, stating, “We will invest 70 trillion won (approximately 60 billion USD) over the next decade to ensure our electric vehicles not only lead the market but also support the green transition.”
The forum also hosted various panels featuring sustainability experts, discussing practical steps businesses can take. One notable panel included Dr. Jane Goodall, who highlighted, “Corporations have immense power to drive change. Embracing sustainability not only protects our planet, but it can also lead to greater profitability in the long term.”
As the event concluded, many corporate representatives signed a pledge committing to sustainable goals, signaling a collective shift towards more responsible practices in commerce and industry, amidst a societal push for accountability in environmental stewardship.
