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Archive by category CSR & ESG Management

Seoul City Gov’t-Woori Bank to Give Break in Remittance Charges to Foreign Residents

Seoul City Gov’t-Woori Bank to Give Break in Remittance Charges to Foreign Residents

SEOUL, July 3 (Korea Bizwire) – From now on, all foreign residents living in Seoul can send money to their home country without fees. Starting on July 1, Woori Bank will exempt 100 percent of remittance charge (from 10,000 won to 30,000 won) to foreigners residing in Seoul when they visit any of its bank offices nationwide. In [...]

Samsung Branded Interactive Digital Learning Suite to Be Deployed across the Globe

Samsung Branded Interactive Digital Learning Suite to Be Deployed across the Globe

RIDGEFIELD PARK, N.J., June 29 (Korea Bizwire) – Samsung Electronics America, Inc. today announced major updates to Samsung School, its fully integrated one-to-one learning solution, available now for school districts for the 2014-2015 academic year. Designed to be more intuitive and participatory, the latest version of Samsung School will be on display at Booth #1514, [...]

KT Hires 250 Volunteers to Create Braille Books for the Unsighted

KT Hires 250 Volunteers to Create Braille Books for the Unsighted

SEOUL, June 27 (Korea Bizwire) – KT, Korea’s largest telecom service firm, said on June 26 that it would begin a new corporate social responsibility program for the visually impaired as a way to provide opportunities for them to read more books. The company recruited 250 volunteers from its employees and their family members to do the [...]

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, [...]