Kumho Petrochemical Receives Plaque of Appreciation from Dongbang Social Welfare Association... Park Chan-gu "Actively Participating in ESG"
Annual 'Kkeutjeon Donation' Contributions and Employee Volunteering Since 2007
Chairman Park Chan-gu of Kumho Petrochemical engaging in social contribution activities. (Photo by Kumho Petrochemical)
View original image[Asia Economy Reporter Moon Chaeseok] Kumho Petrochemical announced on the 18th that it received a plaque of appreciation at the 50th anniversary ceremony of the Dongbang Social Welfare Association. The welfare association presented the plaque in recognition of the continuous support it has received from Kumho Petrochemical.
Park Chan-gu, Chairman of Kumho Petrochemical, said, "We will not be complacent with past achievements and will actively engage in ESG (Environmental, Social, and Governance) activities going forward."
Kumho Petrochemical has been providing regular support to the welfare association annually since 2007. Until before the COVID-19 pandemic, Chairman Park Chan-gu and employees at the headquarters visited the welfare association to participate in volunteer activities such as caregiving and cleaning, as well as donating 'Kkeutjeon Seonggeum' (small change donations). The Kkeutjeon Seonggeum is a fund created by collecting amounts less than 1,000 won from employees' monthly salaries since 1991, with the purpose of turning small contributions into significant help.
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Last year, approximately 31 million won was donated from the headquarters to the welfare association. Kumho Petrochemical’s seven business sites nationwide, including the Ulsan Plant, Yeosu Plant, and Daejeon Central Research Institute, also collect Kkeutjeon Seonggeum annually and deliver it to local welfare organizations. In addition to the Kkeutjeon Seonggeum, the company consistently carries out social contribution activities such as donating customized assistive devices for people with severe disabilities, supporting white canes for the visually impaired, and replacing windows at welfare facilities.
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