Hoban, First in Construction Industry to Join Korean Red Cross 'RCSV 1 Billion Club'

Hoban Construction announced on the 24th that it received the RSCV 1 Billion Club membership plaque at the Korean Red Cross in Jung-gu, Seoul on the same day. (Photo by Hoban Construction)

[Asia Economy Reporter Chunhee Lee] Hoban Construction has become the first company in the construction industry to join the Korean Red Cross's social contribution program, the 'RCSV (Red Cross Creating Shared Value) 1 Billion Club.'

On the 24th, Hoban Construction announced that it received the RCSV 1 Billion Club membership plaque at the Korean Red Cross in Jung-gu, Seoul. About 10 officials attended the event, including Shin Heeyoung, President of the Korean Red Cross, Jang Yesoon, Vice President, and Song Jongmin, President of Hoban Construction.

RCSV is a social value certification program standardized by the Korean Red Cross for corporations, allowing companies to participate in tiers ranging from 100 million KRW to 10 billion KRW. Among construction companies, Hoban Construction is the first to donate over 1 billion KRW through RCSV.

President Shin Heeyoung said, "We appreciate Hoban Construction's active participation in the humanitarian activities of the Korean Red Cross," and added, "We hope other companies will join as Hoban Construction has become the first in the construction industry to join the RCSV 1 Billion Club."

President Song Jongmin also stated, "Hoban Group, including Hoban Construction, always pursues the vision of being a 'reliable partner building happiness' and is committed to social contribution and mutual growth," adding, "This year, amid the ongoing difficulties caused by the novel coronavirus (COVID-19), we will continue to strive to create a society where we live together."

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