[2023 Apartment Brand Awards] HDC Hyundai Development Company Employees Volunteer... Various Support for Partners

Award in the Social Contribution Category

HDC Hyundai Development Company, which won the Social Contribution Award at this year's Asia Economy Apartment Brand Awards, is striving to strengthen shared growth management by contributing to the local community and fostering mutual growth with partner companies.

HDC Hyundai Development Company employees practiced 'jupgging' at Hangang Park.

First, to fulfill its corporate social responsibility, the company is exploring various ways to help the local community together with its employees. In March, employees, along with staff from the Seoul Metropolitan Government's Hangang Project Headquarters and volunteers, participated in a "plogging" activity?picking up trash and cleaning the environment?around Banpo Hangang Park and Ichon Hangang Park.

The company also continues company-wide social contribution activities, notably through a matching grant campaign where employees donate a portion of their salaries and the company matches the amount. Since the campaign began in 2015, over 1 billion KRW has been cumulatively donated as of last year.

In addition, HDC Hyundai Development Company participates in the Yongsan Dragons activities, which involve schools and institutions located in Yongsan-gu, providing volunteer services such as support for residents of jjokbangchon (small-room villages) and elderly living alone, as well as rice donations in celebration of Family Month.

An official from HDC Hyundai Development Company stated, "We will continue various social contribution activities to coexist with the Yongsan area and socially marginalized neighbors. As a social enterprise, we will faithfully fulfill our duties whenever the local community needs help."

To promote mutual growth with partner companies, HDC Hyundai Development Company has also introduced various support measures in finance and education. First, it contributed 330 million KRW to the Win-Win Cooperation Fund of the Foundation for Large and Small Enterprises and Agriculture and Fisheries Cooperation. The fund is used as a budget to support partner companies through awards for outstanding partners, educational support, and technical cooperation.

Since 2010, the company has also operated a win-win fund program in partnership with financial institutions every year. Starting with a scale of 30 billion KRW, the fund was expanded to 40 billion KRW in 2021 and further more than doubled to 82 billion KRW in October last year. Additionally, to nurture the workforce of partner companies that relatively lack educational infrastructure, HDC operates the "HDC Win-Win Campus." Launched in 2021 and now in its third year, the HDC Win-Win Campus offers practical support to enhance partner companies' competitiveness by expanding course offerings beyond job training to include foreign languages, management, and leadership education.

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