Search results for greenhouse gas
AI & Enterprise
KT to supply renewable power to Tokyo Electron Korea under PPA
KT will pursue a direct power purchase agreement (PPA) with Tokyo Electron Korea to support carbon neutrality. The companies held a signing ceremony on May 11 with key officials attending. KT will supply renewable energy to Tokyo Electron Korea’s major sites, starting in September. It will initially provide 15 megawatts and then expand the transaction to 50 MW, a capacity it said can cover the sites’ annual power demand.
AI & Enterprise
AI data centers in U.S. seen causing $25 billion a year in environmental damage costs
Environmental and health damage costs caused by data centers operating in the United States amount to $25 billion a year, a study found. The analysis links the rise in AI-driven data center expansion to higher electricity consumption and air pollution, feeding tensions with local communities. It estimates $3.7 billion of the costs are directly tied to AI use and says planned expansion could raise damages by up to 85 percent in the short term.
Games & Commerce
Naver to buy 30 percent stake in GS Wind Power, signs 25-year direct PPA
Naver said on Tuesday it will acquire a 30 percent stake in GS Wind Power and sign a direct renewable power purchase agreement. The deal is the first case in South Korea in which a RE100 member invests directly in a renewable power generation company to secure energy. The wind farm under construction in Yeongyang, North Gyeongsang Province is to supply electricity to Naver’s Sejong and Chuncheon data centres from commercial operations starting in the first half of 2028.
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Industry
Samsung Electronics launches domestic EHS heat pump boiler in South Korea
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Industry
Apple says recycled material content in its products reaches 30 percent
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Industry
MSIT to expand climate response technology development with 3.4 trillion won investment
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Games & Commerce
NCSoft earns top AAA rating in 2026 MSCI ESG review
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Finance
Woori Bank launches \'Next ESG\' strategy, confirms 50 key tasks
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Industry
Samsung Electronics wins carbon footprint, carbon reduction certification for 34 premium TV models
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Industry
Ecopro HN signs 23.9 billion won Taiwan power plant equipment contract
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Finance
Woori Financial to raise 500 billion won regional infrastructure fund, invest in Haenam solar and Gochang offshore wind
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Telecommunications & Media
LG Uplus wins CDP Carbon Management Honors Club award
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Industry
Samsung Electro-Mechanics, LG Innotek rank high in CDP climate change assessment
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Industry
LG Display named to CDP carbon management sector honors for 10th straight year
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Industry
MSIT holds meeting on securing ultra-gap solar cell technology
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Industry
MSIT holds clean hydrogen technology innovation forum
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Finance
Financial Services Commission to inject 790 trillion won into climate finance to back green transition
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Industry
MOTIE seeks applicants for 80 billion won carbon-neutral transition loans