LS Group Donates 2 Billion KRW in Neighborly Love Fund to Community Chest of Korea

[Asia Economy Reporter Ki-min Lee] On the 29th, LS Group donated 2 billion KRW in Neighbor Love funds to the Community Chest of Korea to mark the year-end.

LS Group's donation will be used for basic livelihood support for socially vulnerable groups, improvement of education and housing environments, health and medical support, and strengthening social care.

An LS Group official stated, "LS's management philosophy, the LS Partnership spirit, is about not turning away from neighbors in need and creating greater value together," adding, "We will continue to fulfill our corporate social responsibility through ongoing sharing activities."

In February this year, LS Group donated 300 million KRW to support medical staff and vulnerable groups in Daegu and Gyeongbuk regions to prevent and overcome the spread of COVID-19, and in August, it donated 500 million KRW to help victims recover from unprecedented heavy rains.

This month, together with Anseong City in Gyeonggi Province, where the group’s training center Miraewon is located, LS Group held an event to deliver kimchi and rice to over 530 households including welfare facilities and low-income families in Anseong City through a non-face-to-face method.

By affiliate, LS Cable & System donated a delivery vehicle to the Donghae Regional Self-Support Center in Gangwon Province in July to support self-support projects in Donghae City. LS Electric donated winter supplies in November to about 200 low-income elderly living alone in Anyang, Gyeonggi Province. LS-Nikko Copper also delivered food and daily necessities in November to help marginalized groups in Ulju County, Ulsan Metropolitan City.

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