SK Construction Partners with Financial Institutions to Invest in Eco-Friendly Projects

[Asia Economy Reporter Onyu Lim] SK Engineering & Construction, which declared ESG (Environmental, Social, and Governance) management, is partnering with financial institutions to actively invest in eco-friendly businesses.

On the 20th, SK Engineering & Construction announced that it signed a strategic business agreement (MOU) for eco-friendly business investment with IBK Capital and LX Investment on the 19th.

The companies plan to lead ESG investments combining innovative technology and finance to create a sustainable eco-friendly industrial ecosystem in line with the government's Green New Deal policy and the 2050 carbon neutrality plan.

The main areas of cooperation include fund formation for investing in eco-friendly companies, financial support for promoting eco-friendly projects, and support for revitalizing existing eco-friendly companies' businesses.

Since last year, SK Engineering & Construction has been strengthening ESG management by promoting eco-friendly and new energy businesses that can create both economic and social value.

Through this agreement, the company plans to secure investment resources for eco-friendly technologies and swiftly secure future growth engines by directly discovering domestic and international innovative technology companies to establish them as eco-friendly enterprises.

Jae-Hyun Ahn, President of SK Engineering & Construction, said, “This agreement will further strengthen OTO (One Team Operation) with financial institutions and greatly help expand eco-friendly businesses. Through the newly established OTO Center this year, we plan to devote ourselves to discovering various eco-friendly new businesses with domestic and international partners.”