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Archive by category CSR & ESG Management

As Bali’s Waste Continues to Mount, Coca-Cola, Quicksilver and Garuda Indonesia Host ‘Bali’s Big Eco Weekend 2014′

As Bali’s Waste Continues to Mount, Coca-Cola, Quicksilver and Garuda Indonesia Host ‘Bali’s Big Eco Weekend 2014′

Bali, Indonesia, June 21, 2014 (Korea Bizwire)–Bali continues to receive international attention for its alarming waste problem. Last March 2014, Huffington Post published an article called, “Why You Should Take Bali Off Your Bucket List”, highlighting the growing amount of rubbish on Bali’s famous beaches and referring the situation as an environmental disaster. “We all should [...]

No CSR, NO Orders for Overseas Construction Projects

No CSR, NO Orders for Overseas Construction Projects

SEOUL, June 21 (Korea Bizwire) – The corporate social responsibility (CSR) activities of domestic companies become increasingly crucial as South Asian and Southeast Asian countries centering on India ask them to expand the CSR activities. For example, India enforced a law making CSR activities compulsory for large companies last April. According to the law, companies [...]

[Feature] More Korean Companies in China Appreciate the Value of CSR

[Feature] More Korean Companies in China Appreciate the Value of CSR

SEOUL, June 15 (Korea Bizwire) – More and more Korean companies are spending generously on employee welfare and making donations for good social causes. For example, a manufacturer with a production site in China’s Tianjin recently established a building for employees who take turn in three shifts so that they can take ample rest and [...]

Hyundai Mobis Continues to Share Transparent Umbrellas for Safety of Children

Hyundai Mobis Continues to Share Transparent Umbrellas for Safety of Children

SEOUL, June 4 (Korea Bizwire) - Hyundai Mobis announced on June 2 that it will give away 100,000 transparent umbrellas to elementary schools all across Korea, by drawing lots as part of the “2014 Transparent Umbrella Sharing Campaign.” For starters, the executives and employees of the company visited Joong-Il Elementary School near its R&D center in Yongin [...]

Daewoong Pharmaceutical’s Chairman to Donate His Wealth to a Foundation

Daewoong Pharmaceutical’s Chairman to Donate His Wealth to a Foundation

SEOUL, May 29 (Korea Bizwire) – Yoon Young-Hwan, founder and chairman of Daewoong Pharmaceutical Co., decided to donate all his stock holdings worth 80 billion won to a foundation and an in-house fund for workers’ welfare. According to the company on May 28, the chairman would establish the Seokcheon-Daewoong Foundation, recapitalize the Daewoong Foundation for educational causes, [...]

[Feature] Korean Edition of “The Big Issue” Proves Successful Social Enterprise Model

[Feature] Korean Edition of “The Big Issue” Proves Successful Social Enterprise Model

SEOUL, May 13 (Korea Bizwire) – It has been four years since the Big Issue, a magazine published for giving the homeless the opportunity to earn their own money, came out in Korea. For these years, it is generally assumed the magazine has been a modest success. In the beginning, the magazine was sold about [...]

Asiana Airlines Takes Initiatives in Preserving Wetlands

Asiana Airlines Takes Initiatives in Preserving Wetlands

SEOUL, May 7 (Korea Bizwire) – Asiana Airlines designated the last week of April as the “Green Week” to preserve wetlands nearby its airport operations in and outside Korea. From April 28 to May 2, its employees in 10 domestic airport service branches and 15 overseas airport service units in New York and Beijing offered [...]

SK Telecom Opens ‘Smart Class’ in Azerbaijan

SK Telecom Opens ‘Smart Class’ in Azerbaijan

Seoul, Korea, Apr. 30, 2014 (Korea Bizwire) — SK Telecom announced that the company together with Sungshin Woman’s University held an opening ceremony of ‘Smart Class’ in Baku, the capital city of Republic of Azerbaijan.   ‘Smart Class’ was set up at the building of ‘WLTY(World League of Turkish Youth)’, a vocational training institution for [...]

Expressway Rest Area Samaritans Roll up Sleeves for Malaria Prevention Cause

Expressway Rest Area Samaritans Roll up Sleeves for Malaria Prevention Cause

SEOUL, Korea, April 30, 2014 (Korea Bizwire) – Commemorating World Malaria Day, which came on April 25th, “Ki-Heung Service Area,” an expressway rest area in the south of Seoul, took an initiative to prevent Malaria for locals and children in Uganda.  “World Share,” an overseas relief agency, teamed up with the rest area to hold a “Mosquito Net [...]