SEOUL, Apr. 1 (Korea Bizwire) — SK Energy Co. said it will fund the replacement aged oil tank trucks to tackle fine dust as well as promote coexistence with partners. The energy giant doubled the budget (US$3.7 million) for replacing oil tank trucks operated by partner companies at a low interest rate of 2 percent. [...]
SEOUL, Mar. 21 (Korea Bizwire) — South Korea’s three mobile carriers are actively joining efforts to cut greenhouse gases in a bid to boost their eco-friendly image and earn carbon credits for the 5G era, industry sources said Thursday. Top mobile carrier SK Telecom Co. and nine other affiliates of SK Group have decided to [...]
SEOUL, Feb. 19 (Korea Bizwire) — “I’m the father of two children. That’s why I am interested in the concerns of the South Korean youth. I will strive to create new hopes and dreams for those who will always be loved,” said Lee Jae-yong, vice chairman of Samsung Electronics Co. at the 2019 business dialogue [...]
SEOUL, Dec. 7 (Korea Bizwire) — One Korean company that currently operates a factory in Indonesia was pressured to set up a prayer room at its local factory site. This is because one of its global clients asked the company to practice corporate social responsibility (CSR) that takes into consideration the religious and cultural characteristics [...]
SEOUL, Nov. 19 (Korea Bizwire) — Social contributions by South Korea’s 500 largest companies jumped more than 30 percent in 2017 thanks to more favorable political and other conditions, a report said Monday. Out of the top 500 firms by sales, 198 businesses contributed a combined 2.7 trillion won (US$2.4 billion) to social activities last [...]
SEOUL, Sept. 10 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chipmaker, is said to be set on building a general hospital in Wuxi, a city in Jiangsu Province, home to a factory operated by the South Korean semiconductor giant. According to industry insiders, SK hynix CEO and Vice Chairman Park Sung-wook recently [...]
SEOUL, Aug. 29 (Korea Bizwire) — Huawei, the world’s largest manufacturer of telecommunications devices, will expand its corporate social responsibility (CSR) program ahead of the formal adoption of 5G smartphone devices by local telecommunication operators. Huawei announced yesterday that it had carried out “Korea Seeds for the Future,” a program aimed at nurturing local Information [...]
SEOUL, May 15 (Korea Bizwire) — GM’s Chevrolet announced the launch of its “Never Give Up” campaign yesterday. Starting this month, a single car will be donated for every 1,000 vehicles sold as part of the campaign. Barry Engle (president of GM International), Kaher Kazem (president and CEO of GM Korea), Yoo Jeong-bok (mayor of [...]
SEOUL, Apr. 18 (Korea Bizwire) — LG Electronics Inc. said Wednesday it plans to help 1,000 visually impaired Indians receive surgery by the end of this year, in line with its commitment to make contributions to the South Asian country. The South Korean tech giant, which first tapped the Indian market some 20 years ago, [...]
SEOUL, Jan. 11 (Korea Bizwire) — Netmarble Games said Thursday it will launch a foundation this month to contribute to society. Netmarble will be the third online game developer in South Korea to establish a foundation to support social welfare efforts after NCsoft Corp. and Smile Gate. “We’ve decided to launch a foundation to enhance [...]