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S. Korean Companies Push for Sustainable Biz amid ESG Investment Hype

S. Korean Companies Push for Sustainable Biz amid ESG Investment Hype

SEOUL, March 10 (Korea Bizwire) — Major South Korean companies across manufacturing industries are accelerating their transition to a greener, more sustainable business as investors are increasingly taking account of environmental, social and governance (ESG) factors. ESG investing focuses on companies that support environmental protection, social justice and ethical management practices. Among the criteria, climate [...]

Samsung Donates US$1 mln to Community Partners in Texas for Winter Storm Relief Efforts

Samsung Donates US$1 mln to Community Partners in Texas for Winter Storm Relief Efforts

SEOUL, March 5 (Korea Bizwire) — Samsung Electronics Co. said Friday it donated US$1 million to community partners in Texas to support their winter storm relief efforts. The South Korean tech giant said its donation will be used to provide food, water, health services and shelters in the U.S. state where severe weather caused big [...]

Samsung on Track to Expand Didimdol Centers Nationwide

Samsung on Track to Expand Didimdol Centers Nationwide

SEOUL, July 17 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, announced on Thursday that it will expand the coverage of its “Samsung Hope Didimdol (stepping stone)” program nationwide. The program was designed to develop the self-reliance of teenagers who cannot stay in orphanages after reaching 18 years of age. The company [...]

Hyundai Motor to Host “2020 Longest Run” Campaign

Hyundai Motor to Host “2020 Longest Run” Campaign

SEOUL, June 17 (Korea Bizwire) — Hyundai Motor Co. announced on Tuesday that it will host the “2020 Longest Run” campaign. This campaign, one of Hyundai Motor’s flagship corporate social responsibility (CSR) programs, is designed to contribute to creating a better world through afforestation. After downloading an exclusive app, participants can make a donation for [...]

SK Innovation, Doosan Heavy Take Part in Vietnamese Carbon-free Project

SK Innovation, Doosan Heavy Take Part in Vietnamese Carbon-free Project

SEOUL, Nov. 14 (Korea Bizwire) — SK Innovation Co. and Doosan Heavy Industries & Construction Co. said Thursday they will take part in a Vietnamese environmental project as a part of their corporate social responsibility efforts. The two companies signed a multiparty memorandum of understanding (MOU) with the Quang Ngai provincial government in Vietnam for [...]

SK to Develop International Standards to Measure Social Value in 3 Years

SK to Develop International Standards to Measure Social Value in 3 Years

SEOUL, Aug. 16 (Korea Bizwire) — SK Group has decided to work with other global corporations over the next three years to build international standards to measure the ‘social value’ generated by businesses. SK announced that the Value Balancing Alliance (VBA), a non-profit organization in Frankfurt, Germany, will begin carrying out the task of jointly [...]