Woori Bank Delivers Mask Recycling Supplies to Support Vulnerable Groups

Woori Bank held a ceremony on the 10th at its headquarters in Jung-gu, Seoul, to deliver mask recycling supplies to support vulnerable groups. Lee Won-duk, President of Woori Bank (right), and Jeong Seong-gi, President of the Korea Association of Social Welfare Centers, are posing for a commemorative photo.

[Asia Economy Reporter Changhwan Lee] Woori Bank announced on the 12th that on the 10th, at the Woori Bank headquarters in Hoehyeon-dong, Jung-gu, Seoul, Woori Bank CEO Lee Won-duk and Korea Social Welfare Center Association Chairman Jeong Seong-gi attended a ceremony to deliver mask resource recycling products to support vulnerable groups.

Since last month, Woori Bank has been conducting a mask resource recycling campaign called "Hope Ribbon (Re-born)" by installing collection boxes at four major buildings of its headquarters to collect masks. The collected masks go through a heat treatment process and are produced into recycled PP (polypropylene) chips, which are used to manufacture resource recycling products.

The 1,000 backrest floor chairs donated this time to the Korea Social Welfare Center Association are resource recycling products made from masks collected by Woori Bank employees and recycled PP chips extracted from leftover fabric generated during the mask production process. These items will be delivered to 1,000 vulnerable households through comprehensive social welfare centers nationwide under the Korea Social Welfare Center Association.

CEO Lee Won-duk stated, "Creating a resource circulation chain by giving new value to discarded waste resources is the first step toward a circular economy," and added, "Woori Bank will continue to focus on ESG management by practicing resource circulation to coexist with nature."

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