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No.98

The Green Revolution: Driving Carbon Neutrality in Energy

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[Interview] "License to Operate... Sustainability is Essential to Win in the Market"

Dr. Dschun Song, the President of BASF Korea, emphasized that sustainability is an essential condition for corporate operations and highlighted the goal of reducing carbon emissions by 25% by 2030 in the [Ask About a Sustainable Future] series with Money Today on July 12th.

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KGCCI 43rd Annual General Meeting: Porsche Korea CEO Re-elected as German Chair

The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Martin Henkelmann) held the 43rd Annual General Meeting (AGM) on June 26, 2024, at the Four Seasons Hotel in Seoul.

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[Interview] S. Korea, Germany "value partners" in innovation amid global derisking: KGCCI chief

Dr. Martin Henkelmann, President of the Korean-German Chamber of Commerce and Industry(KGCCI), stated in an Arirang TV interview that South Korea and Germany can overcome their trade dependencies through innovation. Henkelmann emphasized that in times when trade protectionism and geopolitical conflicts threaten the global order, middle powers like South Korea and Germany need to unite.

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[Interview] "Korea's Infrastructure and Skilled Labor Are Competitive... Noteworthy as a Base for De-Risking from China"

Dr. Martin Henkelmann, President and CEO of the Korean-German Chamber of Commerce and Industry (KGCCI), in an interview with E-Daily on the 21st, highlighted why German companies are focusing on Korea as a base for "de-risking" (risk avoidance). He stated, "Well-established infrastructure, skilled labor, and a favorable business environment are sufficiently attractive factors for German companies to reduce their reliance on a single market (i.e., China) and choose Korea."

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[Interview] "What Robert Habeck is Looking for in South Korea"

Robert Habeck, German Vice Chancellor and Minister of Economy is visiting South Korea to explore economic cooperation measures aimed at reducing dependence on China. Habeck emphasized that South Korea and Germany face similar economic challenges and that both countries rely heavily on exports while seeking to reduce their dependence on China. He also mentioned that geopolitical situations, such as Russia's invasion of Ukraine, are a significant concern for South Korea as well.

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[Interview] Germany sees a like-minded trade ally in South Korea

Robert Habeck, German Vice Chancellor and Minister of Economy, will visit South Korea as the first stop of his Asian tour. Before departing, he stated, "Our goal is to deepen cooperation in the areas of business, economic security, and climate, as well as to tap into new potentials." After visiting South Korea, Habeck will head to China, with which Germany conducted 250 billion euros in trade in 2023.

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[Column] Sustainable Synergy: Driving Economic Growth and Innovation between Korea and Germany

Dr. Martin Henkelmann, President and CEO of the Korean-German Chamber of Commerce and Industry (KGCCI), shared his thoughts on the economic cooperation between the two nations in an opinion piece published in The Korea Times on June 19.

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[Interview] A 100-Year-Old Agricultural Company Ventures into Renewable Energy: "Korea Needs Urgent Infrastructure Improvements"

Bae Yang-ho, CEO of BayWa r.e. Korea, a renewable energy company established by the 101-year-old German agricultural firm BayWa, discussed renewable energy in an interview with MoneyToday on May 16th as part of the [Sustainable Future] series.