GS Retail Donates Goods Worth 35 Million KRW to 'Haengbokhan Nanum'
As Part of ESG Management
Supporting Underprivileged Groups
On the 21st, GS Retail and Happy Sharing held a bazaar in front of the Kia Hope Headquarters to sell products donated by GS Retail.
View original image[Asia Economy Reporter Jeon Jinyoung] GS Retail announced on the 23rd that it donated goods worth approximately 35 million KRW to the social enterprise ‘Haengbokhan Nanum’ (Happy Sharing). Haengbokhan Nanum supports the self-reliance of underprivileged groups both domestically and internationally.
The donated goods consisted of products sold at GS25 convenience stores operated by GS Retail, including items that were difficult to sell due to defects or those nearing their expiration dates.
GS Retail carried out this donation after exploring various ways to utilize products that are still usable but inevitably discarded.
The donated goods will be sold through the ‘BIMAF Store’ operated by Haengbokhan Nanum and a bazaar jointly organized with GS Retail. The proceeds generated will be used by both organizations to support underprivileged groups. In particular, the funds will be actively used for homeless self-reliance and job projects for single mothers.
GS Retail plans to continue donating goods as a regular activity rather than a one-time event, expecting cumulative donations worth over 130 million KRW by the end of this year.
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Lim Jin-ho, Team Leader of Organizational Culture Services at GS Retail, said, “As part of practicing ESG (Environmental, Social, and Governance) management, we partnered with Haengbokhan Nanum to carry out this donation.” He added, “We plan to continuously expand activities that spread positive influence on society and the environment by utilizing the capabilities and resources of a distribution company.”
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