• Title/Summary/Keyword: Climate Change and Equity

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Effects of ESG Management Activities of Food Companies on Corporate Performance (식품기업의 ESG 경영활동이 기업성과에 미치는 영향)

  • Seo Young JEONG;Kyu-Wan CHOI
    • The Korean Journal of Franchise Management
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    • v.14 no.2
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    • pp.19-30
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    • 2023
  • Purpose: Corporate management is under pressure to contribute to social values beyond profit-seeking, and interest in ESG (Environment, Social, Governance) is increasing worldwide. In the recent global climate change crisis and the COVID-19 pandemic, the importance of non-financial values such as ESG is increasing. Therefore, the purpose of this study is to prepare a strategy for future ESG management activities by analyzing the impact of it on corporate performance by food companies. Research design, data and methodology: ESG-related research trends, ESG activities, and corporate performance were analyzed. After that, a regression analysis was conducted to identify the relationship between ESG evaluation grade and corporate performance. Result: ESG management activities measured by ESG scores did not significantly affect the return on assets, one of the variables of corporate performance. However, as a result of setting the return on equity as a dependent variable, ESG management activities have a nonlinear relationship with corporate performance, and ESG management activities have a positive effect on corporate performance when investment in ESG management activities is reasonable. Conclusions: These results show that food companies should engage in an appropriate level of ESG management activities to improve corporate performance.

International Rule for Environment and International Trade (국제환경규범(國際環境規範)과 무역연계(貿易連繫))

  • Shin, Han-Dong
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.12
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    • pp.587-613
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    • 1999
  • Environmental problems such as global climate change, depletion, ocean and air pollution, and resource degradation-compounded by an expanding world population-respect no border and threaten the health, prosperity and jobs of all mankind. Our efforts to promote democracy, free trade, and stability in the world will fall short unless people have a livable environment. We have an enormous stake in the management of the world's resources. By increasing demand for timber, natural gas, coal and consumer's goods have destroyed the grounds for living. Greenhouse gas emissions anywhere in the world have threatened coastal communities, and then changed the Earth's climate system. The burning of coal, oil, and other fossil fuels is increasing substantially the concentration of heat-trapping gasses such as carbon dioxide, methane, and nitrous oxide in our air. The earth's temperature and sea levels are rising as a result. Since 1972 there has been a marked growth in the number and scope of environmental treaties. In particular, after the 1992 Rio Conference, international legal instruments became more concentrated on addressing environment within the context of sustainable development and incorporated a number of new concepts and innovative approaches. A preliminary analysis of recent conventions and in particular those associated with the Rio Conference indicates various ideas, concepts and principles which have come to the fore including sustainable development, equity, common concern of humankind, common but differentiated responsibilities and global partnership. However, international trade also has an environmental impact which must be minimized or countered. Positive measures are to be preferred to achieve environmental goals, but where trade provisions are necessary, they should be appropriately used within environmental conventions to facilitate the reduction and limitation of the negative impacts of trade and to enhance the complementarity of the multilateral trade regime with the imperatives of environmental protection, in the interests of environmental protection and sustainable development generally. The international community has to recognize and endorse this need to achieve complementarity between trade and environment issues.

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The Aspects of Small Group Decision-making Process based on Reading News Reports: Focused on Climate Change related Socio-scientific Issues Activity (신문기사 읽기를 활용한 소집단 의사결정 과정 양상 -기후변화 관련 사회적 논쟁 활동을 중심으로-)

  • Kim, Jong-Uk;Gwak, Je-Yeon;Kwon, Ji-Yeon;Ha, Yoon-Hee;Lee, Jeong-A;Kim, Chan-Jong;Choe, Seung-Urn
    • Journal of The Korean Association For Science Education
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    • v.38 no.2
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    • pp.203-217
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    • 2018
  • The research objective of this study is to analyze the aspects of small group decision-making process based on reading news reports in the context of the socio-scientific issues (SSI) activity related to climate change. Twenty-two high school students from Gyeonggi Province, South Korea, were asked to read two news reports on the UN climate change conferences and take a stance on joining the Paris Agreement both as an individual and as a small group. The news reports were analyzed in terms of genre, discourse, and style adapting the critical discourse analysis (CDA) and the decision-making processes of the small groups were examined on recognizing a problem and evaluating alternatives and decisions. The results from analyzing the news reports denoted that the Paris agreement is not only related to finding ideal solutions to climate change, but rather, connected to political or economic interests and power relationship. In the stage of recognizing a problem, meanwhile, different frames which students recognize the Paris agreement and discourses in the foreground of the news reports were the critical causes in terms of identifying the problem. In the stage of evaluating alternatives and decisions, the equity and fairness were the criteria for the small group discussions. This study implies the necessity of the scientific literacy instruction to develop the ability to critical reading in the context of the SSI.

Assessment of the Potential Carbon Credits from Reducing Emissions from Deforestation and Enhancement of Forest Carbon Stock Activities in Developing Countries (개도국의 산림전용으로 인한 온실가스 배출량 감축 및 산림탄소축적 증진 활동의 탄소배출권 잠재력 평가)

  • Bae, Jae Soo;Bae, Ki Kang
    • Journal of Korean Society of Forest Science
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    • v.98 no.3
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    • pp.263-271
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    • 2009
  • This study aims to identify negotiation alternatives related to Post-2012 reducing emissions from deforestation (RED) and enhancement of forest carbon stock (EFCS) activities. It also aims to recommend a negotiation strategy considering environmental integrity and national interest on the basis of estimating reduction potentials of each alternative on the assumption that tradable carbon credits play an important role as positive incentives. In order to estimate greenhouse gas (GHG) reduction potentials and income potential from RED and EFCS activities, 99 countries were selected by the Global Forest Resources Assessment of the Food and Agriculture Organization of the United Nations. A 'baseline and credit' method was applied to estimate RED activities. Gross-net and net-net methods were applied for EFCS activities. According to the results, Brazil, Indonesia, and the Democratic Republic of Congo have more potential to get positive incentives through RED, while China, Chile, and the Republic of Korea have more potential to get positive incentives through EFCS. This study suggests including both RED and EFCS activities in the boundary of policy approaches and endowment of positive incentives to consider GHG reduction potentials in the global scale and equity among developing countries. Making a discount rate application of forest management activities can be also recommended to factor out the effects of human-induced activities by EFCS activities.

Indonesia's REDD+ National Strategy between Ideal and Reality (인도네시아 REDD+ 국가 전략의 이상과 현실)

  • Bae, Jae Soo
    • Journal of Korean Society of Forest Science
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    • v.102 no.2
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    • pp.189-197
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    • 2013
  • The Cancun Agreements under the United Nations Framework Convention on Climate Change require developing countries aiming to undertake REDD+ activities to develop a national strategy or action plan, addressing the drivers of deforestation and forest degradation, a measurement, reporting and verifying (MRV) system including forest monitoring system, and safeguards to ensure equity and co-benefits for local communities and indigenous peoples, and biodiversity. The Government of Indonesia and the Government of Norway established REDD+ cooperation through signing a 'Letter of Intent' in May, 2010. Indonesia agreed on 'a two year suspension on all new concessions for conversion of peat and natural forest'. In turn, Norway agreed to support Indonesia's REDD+ implementation efforts up to one billion United States dollars. Indonesia's REDD+ national strategy (June, 2012) accepted most of the requests included in the 'Letter of Intent'. The REDD+ national strategy, however, does not reflect requests of the Cancun Agreements which noted identification of the drivers of deforestation and forest degradation and guarantee of real greenhouse gas emissions reductions. Indonesia lays emphasis on Norwegian requests which includes expected financial support rather than the Cancun Agreements which have a weak legally-binding requirements.

Strategies to improve irrigation water management for rice production in Pulangui River Irrigation System

  • Siem, Paul Roderick M.;Ahmad, Mirza Junaid;Choi, Kyung-Sook
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.509-509
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    • 2022
  • Rice has always been the anchor of food security in the Philippines and the government is adamant about sustaining rice production by ensuring reliable irrigation water availability. Among the numerous irrigation schemes, the importance of the Pulangui River Irrigation System (PRIS) is undeniable, as it is the largest and primary irrigation source for rice production areas which are considered the food basket in Northern Mindanao. However, the ageing irrigation structures, unlined canals, long-standing water delivery systems, and climate change are compromising the performance of PRIS; and every year, during the dry and wet season, the maximum rice irrigable area is not achieved. From the field-scale water management perspective, untimely irrigation application, an unregulated roster of turn for irrigation among farmers, and the traditional practice of flooding the rice fields are the main causes of substantial water losses in conveyance, distribution, and farm application of irrigation water. Hence, proper irrigation scheduling is crucial to cultivate the maximum irrigable area by ensuring equity among the farmers and to increase the water use efficiency and yield. In this study, the FAO single crop coefficient approach was adopted to estimate rice water requirements, which were subsequently used to suggest appropriate irrigation schedules based on the recommended field-scale rice cultivation practices. The study results would improve the irrigation system management in the study area by facilitating in regulating the canal water flows and releases according to suggested irrigation schedules that could lead to increased benefited area, yield, and water efficiency without straining the available water resources.

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A Study on Sectoral Burden Sharing for Greenhouse Gas Emissions Mitigation (온실가스 감축을 위한 부문별 책임할당방안 연구)

  • Lee, Sang-Youp;Choi, Kyong-Sik
    • Journal of Environmental Policy
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    • v.8 no.4
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    • pp.171-198
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    • 2009
  • The issue of burden sharing between sectors has become a pertinent national issue with respect tothe establishment of national greenhouse gas (GHG) reduction targets, and the means to achieve these targets. This study explores methods for equitable sectoral allocation to reduce GHGs based on an allocation index taking into account relevant attributes in line with national GHG emissions trends and structures. This paper considered potential for GHG reduction, rate of increase of emissions, and ability to pay as suitable criteria for analysis of each sector. As a result of the analysis, it was found that equitable allocation methods have significantly different burden sharing compared to allocation that considers only potential for GHG reduction. Accordingly, further empirical study on various simulations based on national economic impact will be essential for better policy solutions. This study will contribute to applying national allocation plans in a logical, consistent and transparent manner.

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