Sudokwon Landfill Site Management Corporation obtained 220,927 CO2 tons of Voluntary Emission Reduction (VER) through a voluntary greenhouse gas reduction project. Unlike mandatory greenhouse gas reduction under the United Nations Framework Convention on Climate Change, Voluntary Emission Reduction is acknowledgement by NGO with regard to voluntary greenhouse reduction.
Regarding greenhouse gas reduction from September 1, 2006 to April 29, 2007, Sudokwon Landfill Site Management Corporation went through the process of registration, verification and certification for voluntary greenhouse gas reduction project and obtained VER on May 9, 2011.
As VER cannot be acknowledged as mandatory reduction under the Kyoto Protocol, its trading prices are low. However, it is meaningful in that NGO acknowledged voluntary greenhouse gas reduction activity.With a view to carry out corporate social responsibility and eco-friendly business management, voluntary greenhouse gas reduction projects have been promoted centering on the U.S and its significance is increasing.