HDC Hyundai Development Company Wins 2023 Social Contribution Company Award

HDC Hyundai Development Company announced on the 21st that it received the Grand Prize in the ESG Support for Marginalized Groups category at the '2023 Social Contribution Company Awards' in recognition of its active social contribution activities focused on community development and support for marginalized groups as part of strengthening ESG management.

In this award, HDC Hyundai Development Company was highly evaluated for its efforts to lead support for marginalized groups by providing practical assistance through donations and social contribution activities to socially disadvantaged members across the country, including Yongsan where its headquarters is located, as well as supplying daily necessities and relief goods whenever social issues such as the Guryong Village fire and the Gangneung wildfire occurred.

As a sustainable company, HDC Hyundai Development Company continuously carries out donations and volunteer activities that provide tangible help to marginalized groups in our society. Starting with delivering food and life bracelets to vulnerable elderly people in the Gwangju area in January this year, it has continued various social contribution activities. These include supporting firefighting equipment for paramedics in Gwangju, providing donations and daily necessities for victims of the Guryong Village fire in Gangnam-gu, Seoul, tree planting activities in Yongsan, emergency relief for the Gangneung wildfire victims, donations for welfare improvement and educational supplies for the disabled at Aegwangwon in Geoje Island, and delivering 5 tons of rice to marginalized neighbors in Nonsan. In September last year, it also conducted volunteer activities to support households affected by flooding in Dongjak-gu, Seoul, and provided bedding to flood-affected households in Gwanak-gu and Dongjak-gu, fulfilling its social responsibility in harmony with the local community.

The company continues sustainable social contribution activities at the corporate level. A representative example is the Love Practice Campaign, a matching grant program where employees donate a portion of their salary and the company matches the amount. Since its inception in 2015, the cumulative donations through the Love Practice Campaign have reached over 1 billion KRW as of last year. At the end of May, HDC Hyundai Development Company, together with other affiliates within the HDC Group, conducted a mural painting volunteer activity to renovate aging fences in Yongsan. It also participates in Yongsan Dragons, a group consisting of about 80 companies, schools, and institutions located in Yongsan-gu, continuing various activities. Recently, it conducted job mentoring by matching employees in active departments with young job seekers to support youth career development, and has consistently carried out volunteer activities such as supporting residents of jjokbangchon (small room villages) and elderly living alone, visiting local children’s facilities for Christmas, and donating rice during Family Month.

The company plans to continue activities that can help the local community through each internal division. At the end of March, HDC Hyundai Development Company employees, along with staff from the Seoul Metropolitan Government’s Hangang Project Headquarters and Volunteer Center, participated in a “plogging” volunteer activity by walking around Banpo Hangang Park and Ichon Hangang Park, picking up trash and cleaning the environment. Subsequently, on June 16, as the second relay volunteer activity of the year by internal divisions, they conducted a Hangang maintenance volunteer activity to repair facilities around Ichon Hangang Park in cooperation with the Seoul Metropolitan Government’s Hangang Project Headquarters. HDC Hyundai Development Company plans to continue quarterly relay volunteer activities by each division until the end of the year.

An official from HDC Hyundai Development Company stated, “We will continue various social contribution activities to coexist with marginalized neighbors in the local community, including the Yongsan area,” and added, “We will faithfully fulfill our duties as a social enterprise whenever help is needed in the community.”

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