Trinity Air and NH Investment & Securities Collaborate on International Aviation Carbon Reduction Scheme
First Korean Airline to Retire 20,000 Tons of CORSIA-Eligible Carbon Credits
Trinity Air is strengthening its international carbon regulation response capabilities in collaboration with NH Investment & Securities to address the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
On the 21st, Trinity Air announced that it had signed a “Mutual Cooperation Memorandum of Understanding (MOU) on International Aviation CORSIA and Emissions Trading Scheme” with NH Investment & Securities at Sonotrinity Commons in Gangseo-gu, Seoul.
On the 21st, at Sonotrinity Commons in Gangseo-gu, Seoul, Dongbin Seo, Executive Vice President of Management Support at Trinity Aviation (left), and Gunhoo Park, Head of Client Solutions at NH Investment & Securities (right), are posing for a commemorative photo. Trinity Aviation
View original imageThe two companies plan to continue multifaceted cooperation, including the exchange of information on CORSIA and the domestic greenhouse gas emissions market and policy, the establishment of a joint response system, jointly pursuing carbon credit–related businesses, and other activities aimed at the development of the carbon market.
To proactively prepare for its CORSIA offset obligations, Trinity Air has purchased 20,000 tons of CORSIA-eligible carbon credits and became the first Korean airline to sign a contract for the cancellation of those credits. By the end of this year, the company plans to purchase additional eligible credits, thereby securing more than 10% of the volume that must be offset by January 2028 in phases.
CORSIA offset obligations are fulfilled by securing the required amount of eligible credits within the stipulated compliance period and then canceling them in the registry. Trinity Air intends to proactively secure and cancel CORSIA-eligible credits before the specific offset obligations are finalized and executed, thereby ensuring a stable regulatory response.
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Dongbin Seo, Executive Vice President of Management Support at Trinity Air, stated, “We have established a foundation for stably securing carbon credits at home and abroad and systematically responding to carbon regulations. We will strengthen our capabilities in carbon credit procurement and management, and build an efficient response system from a mid- to long-term perspective.”
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