"Realizing Sustainable Social Value"... Coupang Launches Social Contribution Committee

Park Daejun Appointed as Chairperson; Committee Comprised of Experts from Various Fields
Aiming to Strengthen Social Responsibility and Build a Foundation for Mutual Growth with Local Communities
Promoting Social Contribution Activities for Small Business Owners and Vulnerable Groups

On July 23, Coupang announced that it would officially launch the "Coupang Social Contribution Committee" to carry out corporate social responsibility in a more systematic and sustainable manner.

Coupang officially launched its Social Contribution Committee on the 23rd to carry out corporate social responsibility more systematically and sustainably. Park Daejun, CEO of Coupang (fifth from the left), who serves as the chairman, and members of the Coupang Social Contribution Committee are posing for a commemorative photo. Provided by Coupang

The Coupang Social Contribution Committee will be chaired by Park Daejun, CEO of Coupang. The committee consists of experts from various fields, including: Yeo Jeongseong, former chairman of the Consumer Policy Committee under the Prime Minister; Park Jeongrim, former CEO of KB Securities; Lim Hyeja, former member of the Anti-Corruption and Civil Rights Commission; Park Soonpyo, former vice president of the Korea Journalists Association; Kim Hyundeok, former head of the Daegu Smart Venture Campus; Kim Jungeun, professor of Child and Family Welfare at Suwon University; Son Youngjin, partner attorney at Hwawoo Law Firm; and Oh Sunghyun, honorary president of the Jeonbuk Young Entrepreneurs Association. Through this, Coupang expects to enhance the expertise and objectivity of its social contribution policies.

Coupang stated, "The launch of the committee reflects our commitment to enhancing the professionalism of our social contribution strategy and to leading the realization of sustainable social value across the company."

The committee has set its vision as "WOW! We Offer Warmth" and aims to be a "mutually beneficial partner that grows together with local communities." Going forward, the committee will provide advice and oversight on Coupang's overall social contribution activities, including: setting strategies and policy directions for social contribution; strengthening models for cooperation with local communities; developing measures for mutual growth with traditional markets and small business owners; advancing support programs for vulnerable groups; and establishing emergency relief systems for disasters and calamities.

Previously, Coupang contributed to regional employment for various groups, including young people and middle-aged workers, by creating more than 80,000 domestic jobs through the establishment of a nationwide logistics infrastructure. The company has also fulfilled its corporate social responsibility in various fields, such as opening online sales channels for local small business owners and traditional markets, supporting small and medium-sized enterprises in entering and growing in overseas markets, donating to vulnerable groups, and delivering relief supplies to disaster-stricken areas.

Park Daejun, CEO of Coupang, said, "With the launch of the Social Contribution Committee, we will actively promote social contribution activities that leverage Coupang's strengths and capabilities," adding, "We will continue to do our best so that Coupang can establish itself as a mutually beneficial partner that grows together with local communities."

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