Social Enterprise Archives | Be Korea-savvy
SK Innovation Applauds Social Enterprise for Creation of New Whale Doll

SK Innovation Applauds Social Enterprise for Creation of New Whale Doll

SEOUL, May 14 (Korea Bizwire) — Inspired by the abandoned plastic from the stomach of a whale that died in Ulsan, a social enterprise is receiving positive reviews for producing and selling eco-friendly whale dolls that reflect on the protection of the marine environment. SK Innovation Co., South Korea’s top oil refiner, announced on Monday that [...]

Social Enterprise for Disabled Workers Delivers Shoes to Moon, First Lady

Social Enterprise for Disabled Workers Delivers Shoes to Moon, First Lady

SEONGNAM, Feb. 26 (Korea Bizwire) — A shoemaker that employs disabled workers delivered a pair of shoes to President Moon Jae-in and his wife, Kim Jung-sook, on Tuesday, company officials said. The social enterprise, Scene of Making Shoes, said its chief, Yu Seok-yeong, visited the presidential office Cheong Wa Dae for the delivery of the [...]

Forest Service Teams Up with Towns, Social Enterprises

Forest Service Teams Up with Towns, Social Enterprises

DAEJEON, Jun. 8 (Korea Bizwire) – The Korea Forest Service (KFS) will be pushing ahead with plans to foster local towns and social enterprises that take advantage of forest products. The KFS revealed today that it will support 18 community and social enterprises this year, expanding the figure to include 212 enterprises by 2022. According [...]

SK Hynix to Set Up Foundation

SK Hynix to Set Up Foundation

SEOUL, Jun. 5 (Korea Bizwire) — SK hynix Inc., the world’s second-largest memory chip manufacturer, said Tuesday that it will set up a foundation as part of SK Group’s broader efforts to create social value. The foundation is designed to, among other things, foster experts in such fields as safety, health and environment by offering [...]

Social Enterprise Upcycles Leather from Car Seats into Quality Bags

Social Enterprise Upcycles Leather from Car Seats into Quality Bags

SEOUL, May 3 (Korea Bizwire) — When studying in Britain in 2010, Choi Ian was shocked one morning to find his old yet beloved Rover Mini parked on the street and crushed so heavily in both the front and rear that repairs made no sense. The insurance firm offered money in exchange for scrapping the [...]

Efforts to Support Social Enterprises Come to Fruition in Korea

Efforts to Support Social Enterprises Come to Fruition in Korea

SEOUL, Mar. 7 (Korea Bizwire) – Social enterprises that put people before profits have achieved great results, according to the Seoul Institute. A recent report conducted by Seoul Institute researcher Jo Dal-ho measured the achievements of social enterprises in Seoul and revealed the economic support from both the government and the private sector saw social enterprises [...]

Seoul’s Social Enterprises Continue to Prosper

Seoul’s Social Enterprises Continue to Prosper

SEOUL, Aug. 29 (Korea Bizwire) – The Seoul Metropolitan Government has been subject to various criticisms in its endeavors, like the monster sculpture in Yeouido’s Han River Park (the monster from the record-setting film “The Host”) or the latest ambiguous city slogan ‘I Seoul You’. But regardless of the other criticisms, the city’s socio-economic enterprises have [...]

Biz Groups Rush to Burnish Image with Outreach Programs

Biz Groups Rush to Burnish Image with Outreach Programs

SEOUL, Aug. 20 (Korea Bizwire) — South Korea’s top family-controlled conglomerates, known here as chaebol, are scrambling to ramp up their community outreach programs in a bid to burnish their image and quell escalating anti-chaebol sentiment sparked by a nasty power struggle at Lotte Group. Lotte, the fifth-largest conglomerate, remains embroiled in a family feud [...]

Jeju Civic Group Turns Waste into Souvenirs to Raise Funds for Library

Jeju Civic Group Turns Waste into Souvenirs to Raise Funds for Library

JEJU, Feb. 9 (Korea Bizwire) – Discarded entrance tickets, flight tickets and specialty snack packages are selling as souvenirs, recalling memories of trips to Jeju. A cultural group in Jeju is holding an experimental event, selling garbage discarded by visitors as souvenirs to raise funds to help establish a local library. Place What?, a Jeju-based [...]