Green Loop Co., Ltd. (CEO Kangjin Han), a smart clothing collection solution company, announced on the 14th that it was selected as a promising startup in the 'ESG KOREA 2025' program hosted by SK Telecom.
"ESG KOREA," a program that discovers and supports startups committed to achieving environmentally friendly and social values, is now in its fifth year. Twenty-seven organizations, including Seoul Startup Hub Seongsu, Microsoft, Sopoong Ventures, and KOTRA, participated as partners. Participating companies were selected based on a comprehensive evaluation of their technological innovation and ESG implementation capabilities.
Green Loop has established a circular economy system where citizens can easily dispose of unnecessary clothing and receive rewards through IoT-based smart clothing collection boxes and the mobile application 'Payiot'.
Additionally, the company has been recognized for realizing a resource circulation structure by reselling collected clothing or recycling it into upcycled products, and for possessing the technological capability to manage the operation status of collection boxes and user data in real time through its own developed data platform.
CEO Han Kang-jin said, “I believe this selection has recognized that Green Loop’s circular economy-based ESG model is a socially meaningful direction,” adding, “We will strengthen cooperation with companies and local governments to expand a sustainable resource circulation ecosystem.”
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