Welcome Savings Bank Employees Donate Clothing to Strengthen ESG Efforts

Welcome Savings Bank announced on September 3 that its executives and employees participated in a clothing donation initiative. This was part of efforts to strengthen its Environmental, Social, and Governance (ESG) management activities and fulfill its social responsibilities.

Kim Daeung, CEO of Welcome Savings Bank (second from left), and employees are posing for a commemorative photo in front of a donation clothing box. Welcome Savings Bank

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The bank explained that this initiative was carried out as part of its sustainable management, aiming to promote both sharing and environmental protection simultaneously.

More than 620 items of clothing and shoes collected through the donation will be delivered to vulnerable groups and disaster-affected refugees in South Korea and 28 other countries via Otcan, a nonprofit organization specializing in clothing reuse.

Welcome Savings Bank emphasized that this initiative went beyond simply donating goods. It encouraged employee participation in a culture of sharing, supported vulnerable communities through clothing reuse, and raised awareness about the importance of environmental protection.

An official from Welcome Savings Bank stated, "More than 50 employees donated their own clothing, and over 600 items filled with goodwill will be delivered to neighbors in need both domestically and internationally. We will continue to pursue various activities to fulfill our social responsibilities in the future."

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