S-OIL Donates 150 Million KRW to Social Enterprises in the Eco-Friendly Sector
On the 2nd, S-OIL held a donation ceremony at the Yeolmae Nanum Foundation in Jung-gu, Seoul, to support the eco-friendly social enterprise contest, delivering a total of 150 million KRW. S-OIL's donation will be used as business funds, popup store support, and performance sharing meeting funds for five eco-friendly social enterprises selected through the Yeolmae Nanum Foundation.
Since 2022, S-OIL has been supporting social enterprises related to eco-friendliness to realize social value and contribute to creating sustainable future value. The social enterprises selected through this contest are Lovely Paper Co., Ltd., which makes paper leather products using waste paper; Sikpan Cheonsa Co., Ltd., which provides reusable containers; Elephant Factory Co., Ltd., which recycles resources using waste toys; Touch for Good, which produces products from waste banners and conducts environmental education; and Happy Use Cooperative, which develops products using eco-friendly fabric materials.
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S-OIL stated that this project has greater significance as an ESG management activity of a company supporting social value creation by backing innovative businesses necessary to respond to the climate crisis. An S-OIL official said, "S-OIL will continuously support social enterprises in the eco-friendly sector as a company fulfilling corporate social responsibility and further strengthen ESG management."
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