In his New Year¡¯s message, President Chung Seung-il of Korea Electric Power Corp. (KEPCO) said, ¡°Achieving carbon neutrality will enable KEPCO to guarantee and drive its sustainable growth and differentiation future competitiveness.¡±
President Chung told his executives and staffers that last year was a time of planning, and this year will be the first of execution.
¡°We declared the carbon neutrality vision ¡®Zero for Green¡¯ with our power group companies and this was designed to announce the start of a long journey we have to make down the road,¡± he recalled.
¡°We at a crossroad whether we are a fast follower or a first mover,¡± he analyzed. ¡°A process of achieving carbon neutrality has certainly high uncertainty and risks for us to handle since it is far away and its goal to be attained is too demanding.¡±
President Chung proposed four tasks KEPCO for employees: solidarity and cooperation as well as sharing and collaborating; a fast, flexible corporate culture; safety management and work efficiency; and making the whole cycles of the value chain of the electricity industry.
¡°Difficulties facing us are tasks whose solutions all of us should find, not troubles, to be avoided by us,¡± President Chung said.
He said any company and any country which will be the first to solve these tasks will be the winner in the upcoming era of carbon neutrality. He urged his executives and staffers to join forces in successfully overhauling of the mold of the Korean power industry toward carbon neutrality and becoming the winner in the fierce future global energy market.
Meanwhile, KEPCO carried out a reshuffle designed to strengthen the execution of carbon neutrality and promote sustainable growth, the power company said on Jan. 3.
The latest reorganization was the second since President Chung took office. It called for reestablishing a field-oriented safety management regime, strengthening a function of energy efficiency control tower and building energy ecosystem infrastructure for solidarity and cooperation.
The reorganization was the first step of a plan to make this year the first year of executing carbon neutrality, President Cheung Seung-il disclosed in his New Year¡¯s message.
The Safety and Health Department was shifted under the direct control of the senior executive vice president in charge of overall business to reestablish a field-oriented safety management regime.
From now on, an accident prevention regime will be secured in all areas, ranging from personnel to organization and budget, system and operation.
Ahead of the enforcement of the Act on the Punishment of Heavy Disasters, effect on Jan. 27, the tentatively named companywide safety management committee has been inaugurated to ramp up safety policy governance and expand responsible management.
As part of efforts to strengthen a function of energy efficiency control tower, the Power Innovation Division, inaugurated last July has been leveled up in a function of overseeing and in roles such as expanding outside technology cooperation.
The Carbon Neutrality Department has reinforced its function of improving energy efficiency to serve as a backbone for carbon neutrality.
The Sustainable Growth Strategy Department has inaugurated the Power Policy Analysis Team to cope with Korean and foreign power industry issues and establish companywide regulatory overhaul strategies.
The Energy Ecosystem Creation Office, inaugurated to build energy ecosystem infrastructure with solidarity and cooperation, is in charge of fostering differential and innovative companies and transforming the Gwangju and Jeollanam-do¡¯s joint innovative city into an innovation mecca of the new energy industries with proprietary and sustainable competitiveness.