Hanwha Group Donates 4 Billion Won for Neighborly Love Fundraising
Active ESG Practices Including Participation in Overcoming COVID-19 and Support for Marginalized Groups
[Asia Economy Reporter Hwang Yoon-joo] Hanwha Group will donate 4 billion KRW to the Community Chest of Korea's 'Hope 2022 Sharing Campaign.' This amount is 1 billion KRW more than in 2021.
Despite the difficulties caused by COVID-19, Hanwha Group decided to increase the donation amount. This decision was made as Hanwha Group affiliates reached a consensus that warmer support is needed to overcome the ongoing COVID-19 situation over the past two years. Major affiliates such as Hanwha Total, Hanwha Life, Hanwha Solutions, Hanwha General Insurance, and Hanwha Construction participated in the donation.
The funds donated to the 'Hope 2022 Sharing Campaign' will be used to support people with disabilities, low-income families, marginalized groups, and social welfare facilities.
Hanwha Group Chairman Kim Seung-yeon stated in his 69th anniversary speech last October that the company must become a sustainable enterprise that exceeds social demands and emphasized the importance of management activities fulfilling social responsibilities.
Since last year, Hanwha Life has been providing its LifePark training center located in Yongin, Gyeonggi Province, as a residential treatment center in response to the resurgence of COVID-19. So far, the cumulative number of residents has reached about 6,500, demonstrating the company's commitment to social responsibility amid the COVID-19 crisis.
Hanwha Group affiliates such as Hanwha Systems and Hanwha Techwin are supporting the local community by providing kimchi for kimjang and heating supplies ahead of the year-end, while Hanwha General Insurance conducted briquette-sharing volunteer activities with new employees, delivering 5,000 briquettes and food supplies to families in disaster crisis.
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Hanwha Group will continue to carry out ongoing social contribution activities based on Chairman Kim Seung-yeon's philosophy of 'Together Far.'
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