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SK Innovation\u2019s \u201cMangrove Reforestation Project,\u201d a project undertaken by the company to protect the tidal swamp ecosystems and provide a proactive response to climate change, has been selected as a representative example of biodiversity preservation project in the Third ROK\u2013ASEAN Environment Forum held in Bangkok, Thailand, on August 20th<\/sup>, 2019.<\/span><\/p>\n <\/p>\n The ROK\u2013ASEAN Environment Forum, which is jointly hosted by Korea Environment Institute (KEI) and Stockholm Environment Institute (SEI), was held for the first time in 2017.<\/span><\/p>\n <\/p>\n This year\u2019s Environment Forum, which centered around the theme of \u201cPrivate\u2013Public Partnership Strategies in Biodiversity and Ecosystem Service,\u201d was held for two days from August 20 to 21 in the SEI Asia building in Bangkok, Thailand. The event witnessed the participation of global experts in the environment, such as Director Yoon Je-yong of Korea Environment Institute, Director Niall O\u2019Connor of SEI Asia, and Professor Jeffery McNeely of International Union for Conservation of Nature (IUCN).<\/span><\/p>\n <\/p>\n \u25b2 The Third ROK\u2013ASEAN Environment Forum held in Bangkok, Thailand<\/span><\/p>\n <\/p>\n The contribution of SK Innovation\u2019s \u201cMangrove Reforestation Project\u201d toward biodiversity preservation was recognized through a special invitation from the KEI and its introduction to the forum on the second session of the first day, \u201cSustainable Utilization of Ecosystem and Bio-service Resource.\u201d<\/span><\/p>\n <\/p>\n In the presence of government and international organizations involved in environment protection, Project Leader (PL) Park Hyeon-seob of SK Innovation PR Office presented the \u201cMangrove Reforestation Project,\u201d which was an effort by SK Innovation to recognize the importance of mangrove forests in Vietnam and provide a proactive response toward climate change.<\/span><\/p>\n <\/p>\n <\/p>\n Participants showed great interest toward the role of mangrove forest in preserving Vietnam\u2019s biodiversity; the \u201c1% Happiness Sharing Fund,\u201d formed by the voluntary donation of 1% of the paychecks received by SK Innovation\u2019s employees; and the approach of the project through the \u201cVietnam Social Value Alliance*.\u201d SK Innovation\u2019s \u201cMangrove Restoration Project\u201d was lauded as a prime example of sustainable development and environmental preservation.<\/span><\/p>\n (*) Vietnam Social Value Alliance: A Vietnamese social enterprise formed through the joint efforts of government agencies, educational institutes, media, nonprofit organizations, and private enterprises to gather their resources, capabilities, and networks in actively participating in mangrove restoration efforts, achieving regional economic development, and creating jobs<\/span><\/em><\/p>\n <\/p>\n PL Park also introduced the \u201cI Green We Green Challenge,\u201d an environmental campaign undertaken by SK Innovation throughout the company, and the social enterprises being developed by the company in its efforts to generate social values.<\/span><\/p>\n <\/p>\n \u25b2 PL Park Hyeon-seob of SK Innovation PR Center delivers a presentation on SK Innovation\u2019s Mangrove Reforestation Project<\/span><\/p>\n <\/p>\n At the end of the presentation, PL Park quoted Martin Luther\u2019s famous words, \u201cEven if I knew that tomorrow the world would go to pieces, I would still plant my apple tree,\u201d and concluded the presentation by suggesting that we plant mangrove trees, to great acclaim by the audience.<\/span><\/p>\n <\/p>\n \u25b2 PL Park Hyeon-seob of SK Innovation PR Center presides over the Q&A session after the presentation.<\/span><\/p>\n <\/p>\n PL Park\u2019s presentation raised a great interest in SK Innovation\u2019s Mangrove Reforestation Project, especially toward its partnership and investment aspects. With this, PL Park commented, \u201cOf course, the support of our partners is vital to our Mangrove Reforestation Project, but I would say that the most important partners in the picture are the regional government organizations, like the Administration of Forestry, because their help is essential in guaranteeing the continuity of the project. We have started the first projects grounded on our \u20181% Happiness Sharing Fund\u2019 initiative on May 18, 2018, and we plan to invest some of our earnings from our social enterprises in the Mangrove Reforestation Project as well.\u201d<\/span><\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n Mangroves are viviparous** plants that grow in the coasts and marshes of subtropical and tropical regions. They can be found in 123 countries worldwide in an area spanning 150,000 km2 (slightly larger than Nepal) and process nearly five times more carbon dioxide than the average rain forests, allowing them to act as one of the more potent responses toward climate change.<\/span><\/p>\n (**) Viviparous plants: Plants that develop seeds before detaching them onto water or land<\/span><\/em><\/p>\n <\/p>\n SK Innovation has recognized the importance of mangrove trees, prompting them to sign an MoU that involves the Vietnamese government (Tr\u00e0 Vinh Provincial People\u2019s Council and Forest Protection Agency), United Nations Environment Programme (UNEP), and Vietnam\u2019s largest logistics company Saigon New Port (SNP) for the \u201cMangrove Reforestation Project.\u201d<\/span><\/p>\n <\/p>\n The first of the mangrove tree planting schemes began in May 2018 in Tr\u00e0 Vinh Province, the site of Vietnam\u2019s foremost mangrove forest, with the help of volunteers from SK Innovation and local residents. Four sessions have followed after, bringing five in total. These sessions have allowed SK Innovation to plant approximately 50,000 mangrove saplings in Vietnam, with additional plans to plant 75,000 trees over the area of 218,000 m2 during this year.<\/span><\/p>\n <\/p>\n <\/p>\n SK Innovation also launched the Vietnam Social Value Alliance** on April 23 of this year in Tra Vinh University to provide further drive toward the restoration of mangrove forests, followed by the opening of the first social enterprise of Tra Vinh Province, Manglub***, on the same day.<\/span><\/p>\n (***) Manglub: As a portmanteau of mangrove and love, the goal of this social enterprise is to spread social values through the mangrove restoration project. It is expected to act as the coordinator of the Mangrove Reforestation Project and a host of other projects, including mangrove seedling care, the merchandising of mangrove by-products, such as soap and honey, and ecotourism projects.<\/span><\/em><\/p>\n <\/p>\n SK Innovation\u2019s \u201cMangrove Restoration Project\u201d was also chosen as a Best Practice activity by the BNBP**** (Biz N Biodiversity Platform).<\/span><\/p>\n (****) BNBP was established to facilitate the consideration of biodiversity as a rational alternative in corporate decision-making. Moreover, it was jointly established by the Korea Biotechnology Industry Organization and the Korea Business Council for Sustainable Development with the sponsorship of the Ministry of Environment of Korea in 2016. BNBP\u2019s membership today includes approximately 40 Korean industry leaders, research organizations, and associations, such as SK Innovation, Samsung Electronics, and POSCO.<\/span><\/em><\/p>\n <\/p>\n \u25b2 Mangrove planting activities from SK Innovation\u2019s \u201cMangrove Restoration Project,\u201d which was also chosen as a Best Practice activity by the BNBP – Source: BNBP<\/span><\/p>\n <\/p>\n <\/p>\n SK Innovation pledges to continue the \u201cMangrove Reforestation Project\u201d to facilitate biodiversity preservation and provide a proactive response toward climate change.<\/span><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" SK Innovation\u2019s \u201cMangrove Reforestation Project,\u201d a project undertaken by the company to protect the tidal swamp ecosystems and provide a proactive response to climate change, has been selected as a representative example of biodiversity preservation project in the Third ROK\u2013ASEAN Environment Forum held in Bangkok, Thailand, on August 20th, 2019. The ROK\u2013ASEAN Environment … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[64,55,1632],"tags":[88,24,23,15,75,77],"class_list":["post-349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-csr-program","category-social-value","category-sustainability","tag-eco-friendly","tag-mangrove","tag-rok-asean-environment-forum","tag-sk-innovation","tag-social-value","tag-vietnam"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=349"}],"version-history":[{"count":11,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/349\/revisions"}],"predecessor-version":[{"id":6597,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/349\/revisions\/6597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/333"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2019\/12\/190821_\ud55c\uc544\uc138\uc544\ud3ec\ub7fc_\uc774\ubbf8\uc9c0_1.jpg\")
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