CSPC Pharma and AstraZeneca Forge Multibillion-Dollar Partnership to Develop Long-Acting Peptide Drugs 
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
U.S. Stock Futures Edge Lower as Tech Earnings and Fed Decision Shape Market Sentiment 
U.S. Dollar Slides for Second Week as Tariff Threats and Iran Tensions Shake Markets 
Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates 
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says 
Lake beds are rich environmental records — studying them reveals much about a place’s history 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
As the Black Summer megafires neared, people rallied to save wildlife and domestic animals. But it came at a real cost 
An unexpected anomaly was found in the Pacific Ocean – and it could be a global time marker 
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Oriental Brewery (OB) is leading the way towards sustainability by integrating solar power panels at its Gwangju production facilities, becoming the first Gwangju brewery to harness green energy for beer production.
Installing solar power panels is part of OB's commitment to its RE100 plan, which aims to transition to renewable energy sources. RE100 is a global initiative encouraging companies to convert 100 percent of their electricity consumption to renewable energy.
Completing the photovoltaic facility at the Gwangju plant marks a significant milestone for OB. It is expected to serve as a springboard for the company to achieve its goal of using 100 percent renewable energy by 2025.
OB's CEO, Ben Verhaert, expressed optimism about the transition, stating, "As a leading ESG (environmental, social, and corporate governance) company in the liquor industry, we will not only implement a renewable energy provision plan at a rapid pace but also actively respond to the climate crisis by advancing our eco-friendly management."
The solar panels installed at the Gwangju plant have a total capacity of 2.6 megawatts, producing 3.7 gigawatts of electricity annually. This equals about 11 percent of the plant's current power consumption. Using solar energy, OB estimates a yearly reduction of approximately 1,709 tons of carbon emissions in Gwangju alone.
OB plans to adopt solar panels at its two other plants in Icheon, Gyeonggi Province, and Cheongju, North Chungcheong Province, by the first quarter of 2024.
Once the installation of solar power generation facilities at OB's three plants is completed, the company expects to generate approximately 10 gigawatts per hour of solar energy annually. This amount is projected to replace 11 percent of the company's total power consumption in South Korea.
In addition to the green initiative, OB recently achieved recognition for its global quality standards. The International Taste Institute honored OB Beer's seven brands, including Cass Fresh, Hite, Cass Light, Cass 0.0, Cass White, OB Lager, and OMG. The brands collectively received 13 stars, affirming their superior taste and quality.
Photo: BENCE BOROS/Unsplash
