[SPONSORED REPORTS] Hyundai Glovis signs environment-friendly deals

Home > Business > Sponsored Reports

print dictionary print

[SPONSORED REPORTS] Hyundai Glovis signs environment-friendly deals

Hyundai Glovis and CP Group from Thailand signed a memorandum of understanding on strategic partnership on Sept. 16. [HYUNDAI GLOVIS]

Hyundai Glovis and CP Group from Thailand signed a memorandum of understanding on strategic partnership on Sept. 16. [HYUNDAI GLOVIS]

With more companies acclimatizing to environmental, social and corporate governance management, Hyundai Glovis is readying itself for the changing atmosphere.

On the environmental level, Hyundai Glovis is doing its part by implementing liquefied natural gas and hydrogen fuel into the business field. On Sept. 16, Hyundai signed a partnership with Thailand’s largest private corporation Charoen Pokphand. Hyundai Glovis will be providing electric trucks for Seven-Elevens around Thailand under Charoen Pokphand’s management, marking the first time that electric trucks will be used for product deliveries in Thailand.

Hyundai Glovis’ eco-friendly corporate partnership is going beyond Asian borders. In Europe, Hyundai Glovis and Norwegian Wilh. Wilhelmsen Holding ASA agreed on a memorandum for “facilitating joint responses to combat the changing gas carrier and maritime environment.” With this memorandum, Hyundai Glovis and Wilh. Wilhelmsen will operate joint maritime transport businesses using liquefied natural gas. Additionally, the two companies will now have formal ground to combine forces and find a way to foster the nitrogen fuel market in the shipping industry.

Various domestic firms and governmental departments have also joined Hyundai Glovis’ cause. The ministries of environment; land, infrastructure and transport; and trade, industry and energy, and Hyundai Motors have joined forces for the implementation and expansion of nitrogen fueled vehicles in logistics businesses. Additionally, since 2019, Hyundai Glovis and SSG.com of Shinsegae are cooperating to find a way to systematically facilitate and deploy more eco-friendly electric delivery trucks as part of SSG’s delivery service.

Apart from assisting and collaborating with the pre-existing companies, providing a helping hand to start-ups in the logistics field is also on Hyundai Glovis’ agenda. Hyundai Glovis recently made a pact with Twinny, a firm specializing in robotics, on service assistance in self-driving vehicle development and its utilization for everyday delivery services. With this collaboration, Hyundai Glovis aims to promote and establish the basis for the unmanned delivery market, paving the way for an urban, eco-friendly logistics environment. Similarly, Hyundai Glovis held a business idea contest “Smart Move Challenge” back in December of 2019 and is currently supporting the contest’s winner, Blue Intelligence, by providing financial support and business-related information.

“Companies’ social responsibility is becoming more serious and important every day. With co-existence and eco-friendly business models in mind, Hyundai Glovis will keep up with the idea of environmental, social and corporate governance management,” an official from Hyundai Glovis said.
 
By Ahn Tae-lahm ahn.taelahm@joongang.co.kr 
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now