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 .
SK Inc. is expanding its investments in the sustainable food industry, a promising next-generation food sector, as part of its focus on advancing green businesses aligned with environmental, social and corporate governance (ESG) principles, according to the company, Thursday. The company has invested approximately $7 million in Wildtype, a U.S.-based salmon cell cultivation company. SK Group also announced that it has signed a memorandum of understanding (MOU) with Maeil Dairies, a Korean dairy manufacturer and distributor, and Perfect Day, a U.S.-based non-animal milk protein producer.
SK Inc. and SK Innovation become a large investor in TerraPower, a next-generation SMR developer, founded by Bill Gates SMR has become a safe and economically.