Koscom Conducts Community Sharing Using Salaries Returned to Overcome COVID-19 Crisis

[Asia Economy Reporter Oh Ju-yeon] Koscom is conducting social contribution activities using the salaries returned by executives as part of overcoming the novel coronavirus infection (COVID-19).

On the 21st, Koscom announced that it will carry out summer health food volunteer activities for elderly people living alone and low-income seniors in Yeongdeungpo-gu in collaboration with Yeongdeungpo District Office. This social contribution activity, targeting about 700 vulnerable elderly people, will be conducted in July while adhering to social distancing guidelines in daily life and simultaneously supporting small business owners by working with local restaurants in 18 neighborhoods of Yeongdeungpo-gu.

Additionally, Koscom will donate the salaries returned by executives to participate in overcoming COVID-19 to the local community. These donations will be used to alleviate difficulties faced by small business owners in Yeongdeungpo-gu and to support vulnerable groups.

Koscom will purchase daily necessities such as rice, cooking oil, and laundry detergent for local merchants with the donation funds, and then provide these items free of charge to vulnerable groups. At the same time, Koscom will purchase specialty products, potatoes and grapes, from its sister villages, Myeongwol Village in Chuncheon and Heulgot Village in Daebudo, respectively, and distribute them to social welfare facilities within Yeongdeungpo to ensure that various social classes can receive welfare benefits.

Jung Ji-seok, CEO of Koscom, said, "Although social distancing continues as COVID-19 prolongs, the distance from low-income groups must not grow wider," and added, "Though it is a small effort, we will steadily fulfill our corporate social responsibility through social return."

This content was produced with the assistance of AI translation services.