logo
Hyundai Card Becomes First in Asia to Achieve UL Solutions Healthy Building Verifications for Cultural and Leisure Facilities

Hyundai Card Becomes First in Asia to Achieve UL Solutions Healthy Building Verifications for Cultural and Leisure Facilities

Business Wire2 days ago

NORTHBROOK, Ill.--(BUSINESS WIRE)-- UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced that four properties operated by Hyundai Card, a leading South Korean credit card company and a subsidiary of the Hyundai Motor Group, have become the first cultural and leisure buildings in Asia to receive UL Verified Healthy Building Marks, demonstrating a commitment to creating healthier and more sustainable indoor environments for employees and guests.
The unique Hyundai Card structures, all located in Seoul, that received Healthy Building verifications from UL Solutions include the Cooking Library, which contains thousands of cookbooks, multiple restaurants and spaces for cooking classes; the Music Library, home to a vast collection of music and publications, a concert venue and music studio; Vinyl & Plastic, containing over 10,000 vinyl records from around the world; and Iron & Wood, a high-tech training facility for golf enthusiasts.
'Operating cultural and leisure facilities inside healthy buildings that prioritize the well-being of both visitors and staff helps foster a positive atmosphere while enhancing learning and enjoyment,' said Sean McCrady, vice president and general manager of the Enterprise Sustainability group at UL Solutions. 'Hyundai Card's achievement as the first in Asia to earn UL Verified Healthy Building Marks for its cultural and leisure properties demonstrates a clear commitment to the health and comfort of guests and employees. We at UL Solutions value their trust in our work to help them realize this important milestone.'
UL Solutions developed the UL Verified Healthy Building Mark to meet the growing demand for healthier indoor spaces. The program helps communicate a positive message, differentiating indoor spaces with verified occupant health and well-being marketing claims. By addressing the unique challenges of indoor environments, the verification program promotes continual improvement and provides visibility into potential challenges, allowing early mitigation through practical solutions.
For Hyundai Card facilities to earn a UL Verified Healthy Building Mark, UL Solutions assessed them against rigorous evaluation, testing and analysis methodologies by industry-recognized, third-party organizations, such as the United States Environmental Protection Agency (EPA), World Health Organization (WHO) and American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE).
Both the Music Library and Vinyl & Plastic received the UL Verified Healthy Building Mark for Indoor Air and Water, which verifies the buildings for indoor air quality (IAQ) and water quality. To earn this achievement, the two buildings underwent an evaluation of their heating, ventilation and air conditioning (HVAC) systems and were also assessed for waterborne pathogens and contaminants to help verify water quality.
The Cooking Library and Iron & Wood both achieved the UL Verified Healthy Building Mark for Indoor Environment. The most holistic look at a building's indoor environment within the UL Solutions Verified Healthy Building program, the UL Verified Healthy Building Mark for Indoor Environment conveys these buildings have achieved performance in five critical areas of assessment, including air, water, hygiene, light and acoustics.
'The UL Healthy Building Verifications at four of our iconic Hyundai Card facilities underscore our commitment to health and safety and help build confidence and trust among our employees and our guests who visit these buildings for world-class music, food and leisure experiences,' said a Hyundai Card representative. 'We are excited to have worked with UL Solutions to help us demonstrate how we have actively addressed potential indoor environment risks to help improve overall health.'
As part of this proactive effort, UL Solutions also conducted evaluations in three office buildings at Hyundai Card's headquarters in Seoul and confirmed the indoor air quality of these spaces for employees.
About UL Solutions
A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, software products, and advisory offerings that support our customers' product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers' products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Health Net Providing Special Assistance to Members and Providers Affected by Victoria Island Levee Incident in San Joaquin County, California
Health Net Providing Special Assistance to Members and Providers Affected by Victoria Island Levee Incident in San Joaquin County, California

Yahoo

time11 minutes ago

  • Yahoo

Health Net Providing Special Assistance to Members and Providers Affected by Victoria Island Levee Incident in San Joaquin County, California

SACRAMENTO, Calif., June 2, 2025 /PRNewswire/ -- Following Gov. Newsom's declaration of a State of Emergency in San Joaquin County, Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is taking immediate action to support those affected by the Victoria Island Incident. The company's priority is ensuring both its members and healthcare providers have the resources they need during this critical time. Member Prescription Information During a declared State of Emergency, impacted members have two options to secure an emergency supply of their medications: Members can fill their prescription at the original pharmacy if it is open. If the original pharmacy is not open, members can call Health Net at 1-800-400-8987. We will suspend refill limitations so they can get their prescriptions at an out-of-network pharmacy. Coping Support for Members Members can call Health Net Behavioral Health Services for crisis support 24 hours a day, seven days a week by calling 1-800-400-8987 (TTY: 711). This includes: Support to help them deal with grief, stress or trauma Referrals to mental health counselors, local services and telephone consultations Members: Video Medical Appointments If members cannot reach their primary care provider during a declared State of Emergency, Health Net offers telehealth services at no cost. Members can find appointment instructions in two places: On the back of their Health Net ID card On after registering and signing in Access to Social Services To connect with local community resources, members can call 2-1-1 or visit for help with: Emergency shelter, food and transportation Social services and financial assistance Legal guidance from verified agencies Information for Healthcare Providers During a declared State of Emergency, doctors and nurse practitioners may call Health Net at 1-800-641-7761 for assistance. To support these participating providers in affected areas, Health Net will: Extend grace periods for notifications, beginning on the admission date, for acute services, post-acute care, durable medical equipment (DME), medical supplies and home health care services Waive prior authorization – however, our notification requirement will remain in effect despite relaxed deadlines In addition, Health Net will: Authorize out-of-network services if a contracting provider or facility becomes unavailable Grant post-admission notification approvals for impacted facilities. Accept updated clinical documentation for continued-stay reviews. Authorize the replacement of medical equipment or supplies. Suspend prescription refill limitations for impacted enrollees Ongoing Support & Updates As the situation evolves, Health Net may take further action to support members and providers. For the latest updates, visit About Health Net Founded in California more than 45 years ago, Health Net, a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services, employee assistance programs and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net, LLC and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit View original content to download multimedia: SOURCE Health Net

Toyota's $33B Shock Deal: Akio Toyoda Goes All-In to Break Up Japan's Old Corporate Order
Toyota's $33B Shock Deal: Akio Toyoda Goes All-In to Break Up Japan's Old Corporate Order

Yahoo

time11 minutes ago

  • Yahoo

Toyota's $33B Shock Deal: Akio Toyoda Goes All-In to Break Up Japan's Old Corporate Order

Toyota (NYSE:TM) is making a move that could send tremors through Japan's boardrooms. In a surprise announcement, Toyota Industries a key supplier and the world's largest forklift maker confirmed it received a 4.7 trillion ($33 billion) take-private offer. The bid is led by a newly formed holding company backed by Toyota Motor and Toyota Fudosan, with chair Akio Toyoda committing 1 billion of his own cash. The offer comes in 11% below Toyota Industries' closing price, but it's still a 23% premium from before buyout rumors surfaced in April suggesting this may not just be a financial play, but a strategic overhaul of Japan's most entrenched industrial group. Warning! GuruFocus has detected 3 Warning Sign with TM. What's at stake isn't just control of a parts manufacturer. This is about untying the Toyota Group's famously tangled web of cross-shareholdings a legacy structure long criticized by Japan's regulators. Under the proposed deal, suppliers Aisin and Denso will exit their holdings, and Toyota Industries will sell its 9% stake in Toyota Motor back to the parent. A new three-owner structure will take its place: Toyota Motor, Toyota Fudosan, and Akio Toyoda himself. The group says this tighter structure will dynamically and swiftly accelerate collaboration across the mobility ecosystem but it also raises questions. Toyota Industries is shouldering 1.7 trillion in net debt, pushing enterprise value above 6 trillion. Some analysts warn there's little transparency in how this deal was priced, especially as the company plans to dump a significant portion of its cross-holdings. Still, the message is loud: Japan's largest corporate empire is leaning into governance reform and doing it on its own terms. With Toyoda putting skin in the game, and regulators watching closely, the move could signal a broader shakeup in Japan Inc. Parent-subsidiary listings and circular ownership structures have been under fire for years, but few have tackled them at this scale. If Toyota pulls this off, others may follow. If it stumbles, expect scrutiny. Either way, the old guard of Japanese capitalism might be entering its next act one untangled shareholding at a time. This article first appeared on GuruFocus.

The Meaning of Lee Jae-myung's Election Triumph
The Meaning of Lee Jae-myung's Election Triumph

Time​ Magazine

time16 minutes ago

  • Time​ Magazine

The Meaning of Lee Jae-myung's Election Triumph

According to exit polls, South Korea's presidential election today delivered a resounding triumph for Lee Jae-myung, the veteran center-left politician and leader of the Democratic Party of Korea (DP). His victory over Kim Moon Soo of the conservative People Power Party (PPP) closes a tumultuous chapter in South Korean politics, marked by former president Yoon Suk-yeol's short-lived martial law declaration, impeachment, and removal from office. It also ushers in a left-leaning administration with wide latitude to govern, setting the stage for a dramatic reorientation of the country's domestic and foreign policy. Lee takes office with a rare advantage in South Korea's often fractious political system: a unified government. The DP already holds a majority in the National Assembly through at least 2028, when the next legislative elections are set to take place, giving Lee power to enact his agenda without the checks and gridlock that stymied his predecessor. Though he campaigned on a centrist message to broaden his appeal among moderate and undecided voters, Lee will use his large margin of victory and the highest turnout since 1997 to claim a strong political mandate and govern as a progressive. A populist shaped by his years as a labor and human rights lawyer, Lee has long advocated for a stronger state role in redistributing economic gains and curbing the excesses of South Korea's powerful conglomerates. His recent pro-market signals —such as pledges to double the KOSPI and pursue MSCI developed market index inclusion —contrast with his lifelong skepticism of the private sector and appear aimed at shoring up business and consumer confidence, which cratered in the aftermath of the Yoon-triggered political crisis. While structural changes such as sweeping chaebol reform may be blunted by institutional resistance, his administration will push for increased social welfare spending, higher taxes on corporations and the wealthy, and tighter oversight of big business. Despite his clear mandate, Lee's policy rollout will be delayed by transition logistics and early constraints. He takes office on June 4 under by-election rules, but it will take him weeks to form his cabinet and months to begin implementing his legislative agenda. His administration won't unveil a detailed policy platform until mid-August, with its first proposed budget arriving in September. In the meantime, Lee must stabilize an economy under pressure from weak domestic demand, falling exports, and the looming threat of higher U.S. tariffs. U.S.-South Korea trade talks will represent Lee's first test. The Trump administration's 90-day tariff reprieve expires July 9, at which point U.S. tariffs will rise from 10% to 25% unless a new trade deal is struck. Lee has so far adopted a cautious tone, signaling that he may seek a deadline extension to allow him to benchmark South Korea's deal against those being negotiated by Japan and others. If talks stall or collapse, South Korea—whose second-largest export market after China is the U.S.—would face major headwinds as Lee tries to stimulate growth. Foreign policy is another arena where Lee will chart a distinct course. He has pledged to maintain South Korea's core alliances, but his record suggests a cooler posture toward Washington and Tokyo and a pivot toward Beijing and Pyongyang. Lee has criticized his predecessor's overtures to Japan as overly 'subservient' and is skeptical of deeper trilateral security cooperation that binds South Korea more closely to the U.S.-Japan alliance. A friendlier approach to China—which Beijing is all too happy to encourage —would further strain ties with Washington. At the same time, Lee has expressed openness to restarting talks with North Korea and wants to avoid Seoul being sidelined if Donald Trump revives his own outreach to Kim Jong-un. But Kim's renunciation of reunification and deepening ties with Russia limit expectations for diplomacy. Still, engagement with Pyongyang is one of the few areas where Lee and Trump could find common ground. After three years of divided government, institutional clashes, and episodic crises, South Korea is taking a sharp left turn—driven by a president who has the mandate, the parliamentary majority, and the political will to deliver it. His presidency will mark the most cohesive governing era South Korea has seen in years—and possibly the most transformative. If Lee can deliver on even part of his agenda, he will reshape the contours of the country's politics—and its place in the world—for years to come.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store