Moorim refines low-carbon green management for net-zero practices
‘Moorim’ (CEO: Lee Do-gyun), Korea’s leading pulp, paper, and new materials company, has announced that it will provide the environmentally friendly value and potential of paper, solidify its commitment to low-carbon green management, and strengthen its ESG management philosophy for a sustainable future. Moorim is the only company in the Korean paper industry to be certified as a low-carbon product manufacturer and has been producing products with superior greenhouse gas reduction compared to similar products in the same industry. In addition, the company recently confirmed the investment of about KRW 280 billion for the construction of an additional eco-friendly recovery boiler using clean fuel at its Ulsan Plant as a part of its commitment to contribute to carbon neutrality by reducing greenhouse gas emissions. As such, in addition to the production of low-carbon paper and the expansion of carbon-reduction facilities, the company decided to implement sustainable forest management and ecosystem protection projects in earnest to promote activities that contribute to carbon neutrality in the environmental and social sectors and shaped its low-carbon green management. As the first step, the company set May 25 as ‘Moorim Green Day’ and started activities to protect the green earth for a sustainable future as a part of its commitment to contribute to the protection of the environment by promoting the use of eco-friendly products by informing the public that biodegradable, endocrine disruptor-free and low-carbon emission products can be used in place of plastics in various parts of daily life. In response, Moorim donated 50,000 biodegradable containers made of natural wood pulp to ‘Kkottongne Box Lunch,’ which provides free box lunches for the underprivileged, to wish their neighbors good health and practice carbon neutrality by reducing the amount of plastics used. The donated containers are enough to provide box lunches for about 20 months for neighbors who visit Kkottongne Box Lunch. In particular, the meaning of the donation was enhanced by the collaboration with the Seoul Green Purchasing Support Center under the Ministry of Environment. Meanwhile, in addition to this donation challenge, PT. Plasma Nutfah Marind Papua (hereinafter PT. PNMP, a separately invested subsidiary of Moorim P&P), which has been conducting reforestation projects in Indonesia to further strengthen its commitment to ecosystem protection and forest management, also announced that it will declare ‘zero deforestation’ on June 1 and participate in sustainable forest resource conservation in line with increasing environmental standards worldwide. In line with its ESG initiatives to respond to climate change and realize carbon neutrality, the company will stop deforestation in its current forested areas and focus on forest management and conservation activities.Moorim’s commitment to sustainable forest management began early on and was crystallized in May 2021 when the 2,000-hectare (about 6.9 times the size of Yeouido) birch forest in Inje, Gangwon-do received FSC FM certification.The FSC FM certification system is a system granted by FSC to organizations and companies that manage forest resources in an environmentally and economically excellent manner in order to prevent forest degradation and environmental destruction and practice sustainable forest management. It is known for its difficult acquisition procedure, which includes preliminary audits, on-site inspections, and main inspections, and it requires annual maintenance inspections even after obtaining the certificate. Moorim’s Inje Forest is the first and, to date, only corporate forest in Korea to receive this certification. Since 1985, when Moorim acquired the Inje Forest, the company has thoroughly managed it for ecosystem protection and forest conservation without any commercial activities. This know-how will be shared with PT. PNMP, a separate entity that has declared ‘zero-deforestation,’ and be positively linked to the establishment of future management plans for the Indonesian region. Meanwhile, in addition to donating lunch containers to the underprivileged, Moorim is also preparing a second donation challenge to share the meaning of environmental protection and carbon neutrality with the general public. At its pop-up store event at the shopping complex ‘Starfield Goyang,’ the company is planning to hold a donation challenge for eco-friendly products on June 5, Environment Day. Moorim will donate as many eco-friendly products to environmental organizations as the number of paper postcards filled out by customers at the pop-up store – ‘Paper Adventure’ – to be used in a meaningful way. As such, Moorim has established a carbon neutrality plan that meets global standards for sustainable low-carbon green management and continuously manages it at the company level. In order to listen to international standards and expert recommendations, Moorim plans to actively participate in various conferences and is currently participating in WCEF 2023 (The World Circular Economy Forum), which is being held in Helsinki, Finland. WCEF 2023 is a global forum for government organizations and global companies on resource circulation systems, and Moorim was the only representative of the Korean paper industry to participate at the official invitation of the Embassy of Finland in Seoul.