CEO of Korea's YIDO attends Global Conference of Climate Action Fund

Choi Jung-hun, the CEO of YIDO, speaks at the first Global Conference of Climate Action Fund held at the Shilla Hotel in Seoul last month. [YIDO]

Choi Jung-hun, the CEO of YIDO, attended the first Global Conference of Climate Action Fund (GCAF) last month to discuss measures for dealing with climate change and present the company’s business direction, according to the company Tuesday.

YIDO is a waste management company based in Korea that was selected for national assignment by the Ministry of Science and ICT to develop carbon capture and utilization technology with 12 other related companies, including Hyundai E&C and Lotte Chemical last June.

During the conference, Choi elaborated on the company’s vision and approach to achieving net zero carbon emissions.

"We have a complete value chain of waste disposal that connects waste processing, recycling, incineration, and landfill,” said Choi during the conference.

“Through modernization efforts, we have successfully established an automation system which doubles the amount of waste recycling while reducing fine dust and noise."

The GCAF was attended by global companies and organizations, including S&P Global, Loreal and Deutsche Bank.

BY CHO JUNG-WOO [cho.jungwoo1@joongang.co.kr]