South Korea: Sampyo Group has announced a planned investment of US$171m before 2030 to reduce Scope 1 and 2 CO2 emissions by 35% over the period from an August 2021 baseline. The parent company of Sampyo Cement plans to achieve this in the first phase by increased its use of alternative fuels, improving energy efficiency, introducing low-carbon raw materials such as fly ash and developing sustainable products. The company is targeting net zero CO2 production by 2050.
Sampyo Group to invest US$171m in CO2 emissions reduction by 2030
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