LG Household & Health Care, Growing Beyond ESG Management into a 'Daily Consumer Goods' Company
An instructor dedicated to LG Household & Health Care's social contribution program 'Borrowed Earth School' is conducting classes through live broadcasts on YouTube.
View original image[Asia Economy Reporter Seungjin Lee] As Korea's largest lifestyle culture company realizing customers' beauty and dreams, LG Household & Health Care is fulfilling its responsibilities in ESG (Environmental, Social, and Governance) activities demanded by the times and is growing with the goal of becoming the "best sustainable FMCG (Fast-Moving Consumer Goods) company."
First, as part of its ESG activities, LG Household & Health Care operates social contribution programs that avoid "one-time donations" and lead to real changes in lives through optimal support methods based on selection and concentration of support targets, effect analysis, and collaboration with professional organizations. It is conducting "Borrowed Earth School (Bilsseuji)," a youth habit and career convergence education program recognized by the Ministry of Education and the nationwide city and provincial offices of education as a free semester system agreement program. In collaboration with the non-profit organization (NGO) "Eco Mom Korea," it visits frontline middle schools to introduce eco-friendly lifestyle habits and new career worlds through experiential learning.
LG Household & Health Care also supports partner companies in various ways such as finance, technology, and welfare under the vision of being the "best leading company in win-win growth in Korea," striving to enhance the competitiveness of these companies and develop together. Due to these efforts, it received the highest grade "Excellent" for six consecutive years for the first time in the industry in the "2019 Win-Win Growth Index" announced by the Win-Win Growth Committee last year.
LG Household & Health Care has received positive evaluations for customized programs such as the "Innovation Partnership Support Project," which has been carried out in three areas?manufacturing innovation, management system certification, and technology protection?for partner companies.
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An LG Household & Health Care official said, "We have received global top-level evaluations in corporate ethical management, risk management, and social contribution," adding, "We will make efforts for sustainable management throughout the entire management to enhance the level of economic and social value creation."
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