Six business groups — The Federation of Korean Industries, the Korea Chamber of Commerce and Industry, the Korea Federation of Small and Medium Enterprises, the Korea Enterprises Federation, the Korea International Trade Association, and the Federation of Middle Market Enterprises of Korea (FOMEK) — said on the 3rd they will join efforts to stabilize energy supply and practice nationwide conservation.

Minister Kim Jung-kwan of the Ministry of Trade, Industry and Energy (second from left) speaks during an emergency meeting with six business groups. /Courtesy of Yonhap News

Through a statement released that day, the groups said, "With the stable securing and efficient use of energy more important than ever, we aim to spread private‑sector energy‑saving practices," and stated accordingly.

As action plans, the groups cited: ▲ efforts to spread out transportation demand, including flexible work arrangements such as staggered commuting and dispersing commute times ▲ improving energy efficiency through manufacturing process streamlining and optimal facility operations ▲ minimizing nonessential electricity use, such as turning off office lights during lunch and after work ▲ encouraging public transportation use and refraining from using private cars.

The groups said, "To wisely overcome the current crisis, it is important for the government, corporations, and the public to act together," adding, "The business community will continue to take the lead in spreading a culture of energy conservation and responding to the crisis based on voluntary participation."

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