Amore Pacific and SKE&S, a multinational green energy company, signed an agreement to develop a joint investment program to activate the renewable energy market.
Amore Pacific recently signed a “Renewable Energy Supply Agreement for Carbon Neutrality” with SK E&S at Amore’s headquarters building.
Under the agreement, Amore Pacific will obtain a stable supply of renewable energy from SK E&S laying the foundation for meeting its commitment to sustainable management and accelerating the achievement of its RE100 goal. In addition, the two companies will develop a joint investment program to activate the renewable energy market and coalesce their efforts to propose institutional and policy improvements that will encourage companies to use renewable energy.
SK E&S is a multinational green energy company that builds a green business portfolio around four business segments, including hydrogen, renewable energy, energy solutions and green LNG.
It is reported that Amore Pacific announced its Top Five 2030 Sustainable Management Commitment in June of this year and it decided to achieve carbon neutrality in its production sites around the world by 2030. This partnership lays the foundation for Amore Pacific to produce low-carbon products using 100% renewable energy by 2030.