Seoul, South Korea, 22 September 2023 — BDO Korea, a leading accounting firm specialising in ESG consulting services, and South Pole, a leading global sustainability solutions provider, are proud to announce their strategic partnership aimed at catalysing sustainability action in the Korean market to combat climate change. The memorandum of understanding, inked in July 2023, brings together two industry leaders to offer comprehensive advisory services to public and private organisations in Korea to help them map out climate action strategies.
This partnership builds on the synergies between South Pole's expertise in sustainability advisory and carbon markets and BDO Korea's long-standing reputation as a trusted tax, accounting, and financial transaction adviser to Korean businesses.
Through South Pole's catalogue of climate solutions and global team of sustainability consultants, BDO Korea will offer their clients a full suite of decarbonisation services. These will include best-in-class greenhouse gas accounting, customised decarbonization roadmaps, carbon market access, renewable energy strategies and products, along with guidance on navigating complex climate regulations. BDO Korea's in-depth understanding of Korean businesses and their financial needs will ensure that these services are tailored to meet the specific requirements of Korean organisations.
Mr. John Davis, Commercial Director, Asia Pacific at South Pole, says, "We are very excited to partner with BDO Korea to address one of the most pressing challenges of our time - climate change. South Pole's expertise in sustainability solutions aligns perfectly with BDO Korea's commitment to guiding Korean businesses towards a more sustainable future. Together, we aim to drive meaningful change and empower organizations in Korea and beyond to embrace sustainability as a core part of their operations."
Mr. Kilbae Yoon, Managing Partner of BDO Korea said, “Korean companies are experiencing challenges in reporting Task Force on Climate-related Financial Disclosure (TCFD) because they do not have expert knowledge to measure the financial impacts of climate change. Based on this partnership, we will be able to give Korean companies actual help with sustainability disclosure by introducing best practices of South Pole’s climate change-related solutions."
For more information about this partnership and its services, please contact Ms. Carly Youd at c.youd@southpole.com or Ms. Sera Jung at sera.jung@bdo.kr.
South Pole, a social enterprise recognised by the World Economic Forum's Schwab Foundation, is today the world's leading climate solutions provider and carbon project developer. Since its creation in 2006, it has developed nearly 850 projects in over 50 countries that have helped reduce over 200 million metric tonnes of CO2 emissions and provide social benefits to communities that are particularly vulnerable to climate change. Projects range from sustainable agriculture, forest conservation, and waste management, to energy efficiency and decentralized renewable energy. South Pole also advises thousands of leading companies on their sustainability journeys to achieve net-zero emissions. With its global Climate Solutions platform, South Pole develops and implements comprehensive strategies that turn climate action into long-term business opportunities for companies, governments, and organisations around the world.
South Pole is committed to becoming a B Corp globally across all of its local entities, building on its existing B Corp certification in Australia, the U.S., the Netherlands, and Germany.
For more information, visit www.southpole.com or follow us on LinkedIn, Twitter, and Facebook.
Media contacts:
Isabel Hagbrink
Head of Global Communications, South Pole
i.hagbrink@southpole.com
Carly Youd
Regional Marketing Lead, Asia Pacific, South Pole
c.youd@southpole.com
BDO Sunghyun LLC is an independent member of BDO International Limited, the world's 5th largest accounting network. BDO International is a global accounting firm who generated around USD 12.8 billion in revenue from 164 countries, 111,307 experts worldwide as of September 2022.
With its headquarters in Seoul, BDO Sunghyun has three further offices in Busan, Changwon, and Daegu. With nearly 300 professionals and its expertise, BDO Sunghyun is expanding its service lines by the intensive investment on the service quality and new business area. For more information, visit www.bdo.kr.
Media contact:
Sera Jung, BDO
Marketing & Communications Manager, BDO Sunghyun LLC
sera.jung@bdo.kr
