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AMOREPACIFIC Passes a Challenging Test to Catch Greenhouse Gases

Global 2011-02-28

On February 23, 2011, AMOREPACIFIC Corp. (President and CEO, Suh Kyung-bae) announced that it obtained "Greenhouse Gases (GHG) Inventory Verification Statement", which was awarded by Det Norske Veritas (DNV), an international institution specialized in GHG verification, for the first time in the history of Korean cosmetic industry. The awarding ceremony for the statement was held at AMOREPACIFIC Skin Care Value Center located in Yongin, Gyeonggi province, Korea at 2 pm on February 23, 2011.

The "Greenhouse Gases (GHG) Inventory" refers to a general management system to analyze and report any GHG emission generated from business activities. This system helps companies to transparently and correctly share the information on actual GHG emission with a variety of interested parties including government, customers and employees.

In 2007, AMOREPACIFIC has already established its own GHG inventory in compliance with an IPCC Guideline, an international standard on GHG emission. In addition, AMOREPACIFIC has organized a GHG CFT to deploy a series of activities to reduce GHG emission since 2008, and has implemented a system of GHG reduction activities as a part of sustainable management since 2009. Such a variety of activities and efforts run by AMOREPACIFIC provided a solid foundation of this statement awarded. In particular, "DNV" is the GHG verification specialist authorized by UN for the first time all over the world, which adds more reliability and objectivity to the statement. At the awarding ceremony, Sang-Bae Shim, Executive Vice President of SCM in AMOREPACIFIC Corp. stated "Based on this award of statement, we will try more to realize a harmonious business activities with environment, and fulfill the high environmental expectations of our customers."

Meanwhile, AMOREPACIFIC rolls out various activities across different fields including production, transportation, education and support with a view to reduce GHG emission. In December 2008, "Mise-en-scene Pearl Shining Moisture Shampoo" achieved Carbon Labeling Certification by the Ministry of Environment (MoE) for the first time in Korean domestic cosmetics and living utilities. Now, AMOREPACIFIC has been certified with its 14 products. Moreover, AMOREPACIFIC adopts idling control system and air spoiler that are designed for transport and delivery vehicles in logistics. Furthermore, AMOREPACIFIC implements green driving certification system and provides differentiated incentives for employees based on their green driving performance. Provided with good recognitions of these activities, AMOREPACIFIC was selected as "the Best Green Traffic Workplace" by the Metropolitan Air Quality Management Office in December 2010.

AMOREPACIFIC plans to implement more refined and strengthened GHG emission reduction program. The company also continues to propagate and reinforce GHG emission reduction activities into its partner companies through more active supports such as energy diagnosis and transfer of clean production technology.

[Note 1] Intergovernmental Panel on Climate Change (IPCC)
Intergovernmental Panel on Climate Change (IPCC) is an affiliated organization with United Nations (UN) tasked with providing information such as assessment of national GHG emission and GHG emission factor.

[Note 2] Det Norske Veritas (DNV)
In 1864, DNV was established as an independent foundation in Norway with a view to protect life, properties and environment. DNV is specialized in verifying ISO9001/14001 Quality & Environmental Management System, OHSAS18001 Occupational Health and Safety Management System, business inventory related to climate changes, and so on. DNV is also the world's first UN-authorized organization in GHG verification.