Hyundai Rotem (064350.KS) announced Thursday that it is launching an "Energy Conservation Campaign" across all business sites and employees.
Hyundai Rotem is participating in the vehicle 5-day rotation system for employees and company vehicles. The company will also minimize business vehicle use by replacing domestic business trips with video conferences. When travel is unavoidable, the company encourages the use of eco-friendly vehicles and public transportation. It also plans to replace company vehicles with eco-friendly alternatives.
Each business site will establish specific management systems to conserve energy. Indoor heating and cooling will be maintained at temperatures following the government's energy conservation guidelines: cooling at 26 degrees Celsius or above and heating at 20 degrees Celsius or below.
Each floor of office buildings will operate automatic lighting-off systems during lunch hours and after work to prevent unnecessary standby power consumption. Aging LED lighting fixtures at business sites will be replaced with new ones.
The company will also expand renewable energy use at its facilities. To reduce dependence on fossil fuel-based electricity, Hyundai Rotem plans to accelerate the installation of solar power facilities, including converting 20 percent of total electricity consumption at its Changwon plant to renewable energy within this year.
Hyundai Rotem introduced solar power generation facilities at its Changwon plant, a key domestic production base, last year. The plant produces 929 MWh of renewable energy annually, enough to fully charge a small electric vehicle with a 42 KWh battery capacity approximately 22,000 times.
"We have launched this campaign to help overcome the national energy crisis, with actions that all our business sites and employees can practice," a Hyundai Rotem official said. "We will make company-wide efforts to ensure this campaign does not remain a one-time event but becomes an important turning point for fundamentally improving our company's energy structure."