Food Companies to Boost Energy Efficiency... Korea Food Industry Association Partners with Korea Energy Agency

Business Agreement Signed to Expand Solar Power and Energy Efficiency in the Food Sector

On September 11, the Korea Food Industry Association announced that it had signed a business agreement with the Korea Energy Agency to expand solar power and energy efficiency in the food sector.

This agreement aims to support the adoption of solar power and improvements in energy efficiency at food manufacturing and production facilities, and to establish a cooperation system for reducing greenhouse gas emissions and responding to climate change. Through this initiative, the association plans to ease the energy cost burden on food companies, support carbon neutrality, implement ESG (environmental, social, and governance) practices, and strengthen the export competitiveness of K-Food.

Park Jinseon, President of the Korea Food Industry Association (left), and Choi Jaegwan, Chairman of the Korea Energy Agency, are taking a commemorative photo after signing a memorandum of understanding. Provided by the Korea Food Industry Association

The main areas of cooperation include: supporting food companies with carbon neutrality and ESG implementation through solar power adoption, energy efficiency improvements, and responses to climate change; sharing information and promoting policies, regulations, and subsidy programs related to solar power, energy efficiency, and climate response; investigating and exchanging data on the status of solar power deployment, energy efficiency, and climate change response in food sector factories; and identifying further cooperation measures for solar power adoption and energy efficiency improvements.

The association will assess the current status and demand for solar power adoption, energy efficiency improvements, greenhouse gas reductions, and climate change responses among its member companies. It will also promote relevant policies and support programs, as well as identify participating companies. The Korea Energy Agency will provide the association with information on related policies, regulations, and support programs, and incorporate feedback from food companies into the implementation of these initiatives.

Jinsun Park, President of the Korea Food Industry Association, said, "Tighter global environmental requirements and rising energy costs are direct challenges for food companies' management and export competitiveness. With this agreement, we will strengthen on-site support so that our member companies can more easily utilize solar power and energy efficiency support programs, and build stronger capacities to achieve carbon neutrality and respond to ESG demands."

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