Yonhap Infomax NewsLotte Chemical Corp. has slashed its ESG investment fund by over 50% to 21.8 billion won ($16.3 million), citing challenging market conditions and difficulties in identifying suitable ESG targets, as the company faces a deepening operating loss amid a sluggish petrochemical sector.
#YonhapInfomax #LotteChemical #ESGInvestment #OperatingLoss #PetrochemicalSector #FundReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81523
#YonhapInfomax #LotteChemical #ESGInvestment #OperatingLoss #PetrochemicalSector #FundReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81523
Lotte Chemical Halves ESG Investments—'Adjusting to Business Conditions'
Lotte Chemical Corp. has slashed its ESG investment fund by over 50% to 21.8 billion won ($16.3 million), citing challenging market conditions and difficulties in identifying suitable ESG targets, as the company faces a deepening operating loss amid a sluggish petrochemical sector.