SEOUL, April 26 (Korea Bizwire) — A social enterprise backed by SK Innovation Co., the energy and chemical affiliate of the South Korean conglomerate SK Group, has unveiled a lightweight safety helmet made by recycling waste helmets. Usisan said on Tuesday it had developed a lightweight safety helmet by recycling waste safety helmets and plastic [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Oct. 18 (Korea Bizwire) – President Moon Jae-in promised additional support Wednesday for companies that create new quality jobs while vowing to implement his pledge to create at least 810,000 new jobs in the public sector. “First, (the government) will work to create new jobs in areas related to public safety, security and social [...]
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, 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 [...]
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 [...]