SEOUL, Sept. 22 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed indexes to assess the performance of its ESG management activities for the first time among local shipyards. DSME, a major local shipbuilder, said it has applied the 146 ESG indexes to its Okpo shipyard on Geoje Island, [...]
SEOUL, Dec. 29 (Korea Bizwire) — Hyundai Motor Group has formulated a plan to help small merchants that are suffering from the prolonged COVID-19 pandemic as part of its social contribution program ‘Gift Car.’ The group announced on Tuesday that it will launch the ‘Gift Car On Air’ campaign to help small businesses typically accustomed [...]
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 [...]
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 [...]
SEOUL, Aug. 7 (Korea Bizwire) — SK Energy Co., one of the leading oil refiners in South Korea, plans to expand support for Goyohan Mobility, a program designed to create jobs for hearing-impaired people. The company announced on Thursday that it will bear a certain portion of the fuel costs incurred when taxis participating in [...]
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 [...]
SEOUL, July 3 (Korea Bizwire) — Aramco Asia Korea Ltd., a wholly owned subsidiary of Saudi oil giant Aramco, announced Friday it has signed a partnership deal with a foundation to provide coding programs to about 100 lower-income students in its latest social contribution. MIDAM Scholarship Foundation plans to begin a yearlong program later this [...]
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 [...]
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 [...]
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 [...]