BUSINESS > NEWS

Kolmar BNH Spearheads ESG Management Via Eco-friendly R&D

26/11/2024 04:30 PM

KUALA LUMPUR, Nov 26 (Bernama) -- Kolmar BNH, a Korean health functional food Original Development Manufacturing (ODM) firm, is at the forefront of environmental, social, and governance (ESG) management through eco-conscious research and development (R&D).

In a statement, the company said it is dedicated to investing in eco-friendly products using green technologies, as well as fostering a virtuous cycle of resources through upcycling.

Notably, Kolmar BNH is working towards carbon neutrality by applying eco-friendly technologies to its flagship health supplement, HemoHIM, and making social contributions through the dissemination of cultivation technologies.

“Developing eco-friendly technologies is an essential mandate for ODM companies. We will continue to expand our R&D-centred ESG management and make comprehensive efforts to establish ourselves as a sustainable global health food company,” said a Kolmar BNH official.

The company is committed to sustainable R&D, investing over two per cent of its annual sales while also expediting its eco-friendly research by dedicating more than 30 per cent of its workforce to these efforts.

In recognition of these efforts, Kolmar BNH became the first company in Korea’s health functional food industry to earn the ‘Green Technology Certification’ and ‘Green Technology Product Certification’ for two consecutive times, granted by the Ministry of Agriculture, Food, and Rural Affairs.

A health functional food that enhances immune function, HemoHIM has earned certification as a green technology product, whereby Kolmar BNH further operates a smart farm to ensure the stable supply of raw materials for HemoHIM and to achieve sustainable R&D.

The company’s smart farm-developed cultivation technology is also fostering coexistence with the local community as it enhances farm competitiveness by developing mass production technology of virus-free plants and distributing the technology to neighbouring farms.

These comprehensive ESG activities have earned Kolmar BNH an integrated A grade in the 2024 ESG Rating Evaluation conducted by the Korea Institute of Corporate Governance and Sustainability (KCGS).

-- BERNAMA


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