Woori Bank Donates 'Mask Resource Recycling Products' to Vulnerable Groups

Lee Won-deok, President of Woori Bank (right), and Jeong Seong-gi, President of the Korea Social Welfare Center Association, are posing for a commemorative photo after the mask resource recycling product delivery ceremony at Woori Bank headquarters in Jung-gu, Seoul on the 10th. Photo by Woori Bank

[Asia Economy Reporter Song Seung-seop] Woori Bank has delivered mask recycling products to the Korea Association of Social Welfare Centers to support vulnerable groups.

According to the financial sector on the 12th, Woori Bank held a delivery ceremony on the 10th at its headquarters in Hoehyeon-dong, Jung-gu, Seoul, donating 1,000 backrest floor chairs. The items will be distributed to 1,000 vulnerable households through comprehensive social welfare centers nationwide under the association.

Since May, Woori Bank has been conducting a recycling campaign called "Hope Ribbon" by installing collection boxes at four major buildings of its headquarters to collect masks. The collected masks undergo a heat treatment process and are used to produce recycling products. These items were also made using masks collected by Woori Bank employees and leftover fabric generated during the mask production process.

Lee Won-duk, CEO of Woori Bank, emphasized, "Giving new value to discarded waste resources and creating a recycling loop is the first step toward a circular economy," adding, "We will continue to strive for ESG (Environmental, Social, and Governance) management by practicing resource circulation."

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