Coupang Expands E-Waste Recycling... Signs Resource Circulation Agreement
Eco-friendly agreement with the Korea Zero Waste Movement Network and E-Circulation Governance
Coupang logistics affiliates CLS and CFS join the initiative as co-signatories
Coupang said on November 11 that it had signed an agreement with the Korea Zero Waste Movement Network and E-Circulation Governance on the “E-WASTE ZERO Circular Economy Initiative” at Coupang Rocket Lab in Seolleung, Seoul, on November 10.
Coupang Logistics Services (CLS) and Coupang Fulfillment Services (CFS) also joined the agreement. Each company plans to separate and dispose of waste electrical and electronic equipment generated at logistics sites and other locations, then recycle it as a resource through E-Circulation Governance’s collection and recycling system. They will also run campaigns to inform employees about proper ways to dispose of electronic waste.
From left, Kim Mihwa, chair of the Korea Zero Waste Movement Network; Lee Sangjin, chair of E-Circulation Governance; Hong Yongjun, CEO of Coupang Logistics Services; Chae Jongmin, executive vice president of Coupang; and Choi Gyeonghui, managing director of Coupang Fulfillment Services, pose to mark the signing of an agreement to promote a circular economy and achieve “E-WASTE ZERO” at Coupang’s Rocket Research Institute in Seolleung, Seoul, on the 10th. Coupang
View original imageThe companies will calculate and certify the greenhouse gas emissions reductions and the amount of circular resources produced through recycling. Funds raised through resource-circulation activities will be donated to designated recipients.
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Hong Yongjun, CEO of Coupang Logistics Services, said, “This agreement is a meaningful step toward building a sustainable ecosystem for the circular use of resources. Coupang and its partner organizations will continue to work together to encourage employees to adopt eco-friendly practices in their daily lives and make greater efforts to carry out sincere ESG activities that fulfill our social responsibilities.”
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