Four Affiliates Join the Initiative

Budget Expanded Fourfold

Hyosung is expanding its group-wide cooperation for ecological restoration in the DMZ and border areas in partnership with the National Arboretum and the Foundation for Cooperation between Large, Medium, and Small Enterprises in Agriculture and Fisheries (hereafter, the Win-Win Cooperation Foundation). The company plans to increase the number of participating affiliates and expand investment to strengthen its ESG management.

Hyosung signed a "Memorandum of Understanding for DMZ Ecological Restoration Cooperation" on the 30th at the National Arboretum Grand Auditorium in Pocheon, Gyeonggi Province, attended by Youngsuk Lim, Director of the National Arboretum (left), Taeseop Byun, Secretary General of the Foundation for Small and Medium Enterprises and Agriculture-Fisheries Cooperation (center), and Cheonseok Lee, CEO of Hyosung Chemical. Hyosung

Hyosung signed a "Memorandum of Understanding for DMZ Ecological Restoration Cooperation" on the 30th at the National Arboretum Grand Auditorium in Pocheon, Gyeonggi Province, attended by Youngsuk Lim, Director of the National Arboretum (left), Taeseop Byun, Secretary General of the Foundation for Small and Medium Enterprises and Agriculture-Fisheries Cooperation (center), and Cheonseok Lee, CEO of Hyosung Chemical. Hyosung

View original image

Through this agreement, the companies and institutions are expected to jointly establish a sustainable model for ecological restoration, and, based on this, contribute to revitalizing the local economy and spreading ESG values.


On March 30, four Hyosung affiliates—Hyosung, Hyosung TNC, Hyosung Heavy Industries, and Hyosung Chemical—signed a Memorandum of Understanding (MOU) for "Cooperation on Ecological Restoration in the DMZ and Border Areas" with the National Arboretum and the Win-Win Cooperation Foundation at the National Arboretum in Pocheon, Gyeonggi Province. The signing ceremony was attended by Lee Cheonseok, CEO of Hyosung Chemical, Im Youngseok, Director of the National Arboretum, and Byun Taeseop, Secretary General of the Win-Win Cooperation Foundation.


Previously, in 2024, Hyosung independently signed an ecological restoration agreement with the National Arboretum. With this latest agreement, four Hyosung Group affiliates will participate together, and the total funding has increased to about four times the amount provided in 2024.


Together with the partner institutions, Hyosung will carry out a range of initiatives, including: restoring forest ecosystems in the barren zones and damaged forests of the DMZ; establishing a foundation for the production and supply of plant materials and securing seeds for restoration; and building a collaborative network for information sharing to promote carbon neutrality and respond to climate change. In particular, an ecological restoration event with participation from Hyosung employees is scheduled for September.


At the signing ceremony, CEO Lee stated, "It is meaningful to expand our ecological restoration activities to a group-wide scale, as we aim to preserve biodiversity on the Korean Peninsula, foster peace, and manage natural heritage for future generations," adding, "We will continue our sustainable activities based on cooperation with our partner institutions."



In addition to these efforts, Hyosung is also continuing its biodiversity preservation activities, such as establishing seagrass meadows, restoring endangered insects, and protecting migratory birds during the winter season.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing