Contributing to the nation's vision for green policies, Greenomics 2010 offers a solid platform where public and private entities unite to determine environmental corporate responsibility. As in the previous two years, this year saw the UAE Ministry of Environment and Water (MoEW), LG Electronics and the United Nations Industrial Development Organization (UNIDO) join forces to create an open discussion around environmental threats and issues arising from the practical implementation of organisational eco strategy.
The launch of Greenomics, now in its third year, was born out of LG Electronics determination to ignite a positive change across all aspects of life. It aims to find innovative yet practical solutions for the challenges facing the environment and support governments, environmental experts, businesses and individuals in becoming more environmentally responsible.
Greenomics is part of LG's overarching environmental management strategy that seeks to introduce a full range of innovative and greener products and services. Reinforcing this commitment, LG will invest nearly 18 million USD (20 trillion KRW) into green businesses, including solar cell and next generation lighting, by 2020.
This year's Greenomics focused on 'clean production' for small to medium sized businesses in the manufacturing sector, and looked to study ways to design products and manufacturing processes in harmony with natural ecological cycles.
With an impressive array of speakers who ranged from top government delegates to leading thought leaders from the international academic community and key local business heads, the one day summit resulted in a deeper understanding of critical environmental measures that work to increase productivity, profitability, competitiveness while improving environmental and energy performances.
Clean production is based on the basic idea that nature is effective, and as such forms a central part of LG's green credo which was formally set in 1994 with the declaration of LG's environmental vision. Last year, LG established a voluntary target of reducing greenhouse gases by 150,000 tons from manufacturing and 30 million tons from product use in 2020.
As a true corporate protector of the environmental vision, LG has been practicing environmental management throughout the life-cycle from development and purchasing through production and use to disposal, and reducing the environmental impacts that occur during business activities. Being a true leader in practices such as clean production, LG is in a perfect position to align efforts with pivotal public and private entities in its effort to share international best practice models and significantly contribute to the nation's sustainable policies.
Mr. Ki Wan Kim, CEO and President of LG Electronics Middle East and Africa added; "As part of LG Electronics' environmental vision LG is not only committed to practicing environmental management, but also to sharing best practice with the corporate community and uniting efforts to ensure optimal uptake of key initiatives. We have shown again, that Greenomics has provided a compelling platform for change and we are fortunate to have been part of what will be a significant change in the UAE's environmental protection policies."
Greenomics 2010 is a day long annual conference with attendance from over 250 high level attendees including industry and thought leaders, government entities, business conglomerates, environmental specialists, blue chip companies and academia, among others.
The conference concluded with the signing of the 'Green Protocol' where a pledge to promote and adopt clean production strategies and techniques was signed by the UAE Ministry of Environment and Water, LG Electronics, UNIDO and media partner Khaleej Times.
