Gibo, Fostering Korean-Style Carbon Neutral Companies

'Net-Zero Members' First Company
Selected 'Ji&' for Excellence in Carbon Reduction

The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter Kibo) announced on the 21st that it selected G& as the first company in the 'Net-Zero Members' program, which fosters companies excelling in carbon reduction activities, and held a certificate awarding ceremony at the factory located in Changnyeong, Gyeongnam.

The 'Net-Zero Members' system is a Korean-style carbon-neutral company development program by Kibo to support low-carbon innovative growth for companies with excellent technology, leading the transition to a carbon-neutral society.

Lee Jae-pil, Director of the Korea Technology Finance Corporation (third from the left), and Park Yong-ju, CEO of G& (fourth from the left), are posing for a commemorative photo.

Kibo established the 'Net-Zero Members' system in July this year to spread the carbon-neutral transition of small and medium venture companies by selecting companies with excellent technology and high contribution to carbon reduction and providing differentiated services that zero out financial costs such as guarantee fees, technology evaluation fees, and issuance fees.

G&, the first company, is a company with excellent technology manufacturing automobile parts and was recognized for the excellence of its carbon reduction activities through the introduction of energy-efficient production facilities. G& was able to reduce financial costs by receiving Kibo's zero financial cost service and was recognized as a leading carbon-neutral company.

Director Lee Jae-pil of Kibo said, "Kibo will continue to actively lead the creation of a carbon-neutral industrial ecosystem by further expanding green finance support."