Press Releases

Ministry of Trade, Industry and Resources

May 19,2026

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) held a meeting at the Korea Chamber of Commerce and Industry (KCCI) on May 19, 2026, with consortia selected for MOTIR’s 2026 industrial supply chain carbon partnership program.
As global carbon regulations increasingly target supply chains, green transformation (GX) has become critical to manufacturing competitiveness. Through the program, MOTIR will work with the lead companies of the eight consortia to help 31 partner SMEs and middle-market companies reduce emissions.


Under the program, the government will cover up to 50 to 60 percent of partner companies’ costs for installing carbon-reduction equipment. It will also support consulting on emissions-reduction and product carbon footprint calculations, as well as third-party verification. Lead companies will provide cash support, help cover the required private-sector cost share through tools such as interest-free loans and interest subsidies, cover operating and management costs, and offer consulting and training to strengthen partner capabilities.


The selected consortia can be grouped into four models. Hyundai Motor and Kia will use a cascading support structure, in which first-tier partner companies receive cash support and then pass support on to second-tier partner companies. Samsung Electronics, Samsung Display, LG Electronics, HL Mando and SK hynix will use overlapping partner-company networks to spread emissions-reduction results across supply chains. HD Korea Shipbuilding & Offshore Engineering will support partner companies’ operating and management costs and convert their emissions-reduction results into external projects for further use. POSCO will provide personnel and technology to help SME and middle-market customers improve process efficiency.


Participating companies aim to cut greenhouse gas emissions by about 20,000 tons per year, encourage voluntary reductions throughout their supply chains, and identify and share best practices in win-win cooperation. The initiative will also help them respond promptly to tightening global carbon rules, including the EU Carbon Border Adjustment Mechanism (CBAM) and Battery Regulation, meet Science Based Targets initiative (SBTi) targets, address global customers’ supply-chain emissions requirements, secure product carbon footprint (PCF) data, and strengthen export competitiveness.


“Carbon neutrality and industrial competitiveness are complementary goals that will shape the future of industry,” said Lee Min-woo, Director General for Industrial Policy at MOTIR. “Today’s supply-chain cooperation will help these industries maintain global leadership. The government and companies of all sizes should work together to navigate tightening global carbon rules and identify and scale successful green transformation models that support shared growth.”