SK Group said Sunday it has formed an alliance with Korean energy firms and business groups to expand the voluntary carbon market, which allows carbon emitters to offset their emissions by purchasing carbon credits. On Friday, a total of 11 institutions and enterprises signed a multilateral memorandum of understanding to form an alliance for the "Environmental Protection Credit Market," on the sidelines of .
/PRNewswire/ SK Group has announced its cooperation with Mubadala, a sovereign wealth fund in the United Arab Emirates (UAE), to overcome the climate change.