Samyang Foods Holds ESG Welfare Fund Donation Ceremony

Samyang Foods held a ceremony for the donation of the ESG welfare fund on the 2nd at its headquarters in Hawolgok-dong, Seongbuk-gu, attended by Kim Jeong-su, ESG Committee Chairman (left), and Yang Seung-wan, Labor Union Chairman (right).

[Asia Economy Reporter Lim Hye-seon] Samyang Foods announced on the 2nd that it held an ESG Welfare Fund Donation Ceremony at its headquarters in Hawolgok-dong, Seongbuk-gu, attended by ESG Chairman Kim Jeong-su and Labor Union Chairman Yang Seung-wan.

The ESG Welfare Fund was established to enhance the welfare of employees. The fund will be used to support educational programs for employee capacity building and to expand other welfare benefits.

In particular, the company plans to focus on continuously improving the labor welfare environment at production sites such as the Wonju, Iksan, and Munmak factories to create a working environment where workers can work healthily and safely.

Meanwhile, Samyang Foods has recently accelerated ESG management by joining forces with employees and partner companies. In April, at the Wonju factory, they held a 'Labor-Management Joint Declaration Ceremony for ESG Management Practice,' selecting key tasks such as reducing greenhouse gas emissions, continuing social contributions, establishing a sound labor-management culture, and achieving a transparent corporate culture. They also signed a business agreement with the credit rating agency eCredible to support partner companies in introducing and practicing ESG management.

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