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300 KT&G donates W100m to disaster-stricken Indonesia 2018.10.04

KT&G (CEO Bok-in Baek) has donated 100 million Korean won to help recovery works in Indonesia, which is suffering from massive casualties and damage from an earthquake and tsunami.


The donation was given to the Republic of Korea Red Cross for prompt recovery work and relief supplies for survival in the region.


The 7.5 magnitude earthquake and subsequent tsunami that struck Indonesia days ago have resulted in a large number of deaths and inflicted massive damage on the Sulawesi region. The paralysis in the city caused by the earthquake has slowed the rescue activities.


The donation by KT&G was gathered from its executives and employees through the “SangSang Fund,” in which the company matches every donation made by a participant with the same amount.


“We hope that the people of Indonesia find hope again soon as they struggle with extensive damage and pain,” said Oihyun Kim, the chairperson of SangSang Fund Operation Committee. “Through Korean companies’ active support, we hope to contribute to enhancing cooperative relations that share the pain that go beyond economic exchanges.”


KT&G has actively supported disaster-stricken regions and countries earthquake-stricken Nepal in 2015, earthquake-stricken Gyeongju and Pohang, and Gangwon and North Gyeongsang Province struck by forest fire in Korea, with combined donations reaching some 3.1 billion won during the recent five years.


The Company said it spends some 2 percent of its annual revenue on social responsibility programs, which is on the top of the list with over ten times of the average spending of 255 Korean companies published by the Federation of Korean Industries.

 


▶KT&G has donated 100 million Korean won to help recovery works in Indonesia, which is suffering from massive casualties and damage from an earthquake and tsunami. Park Kyung-Seo (left), president of the Korean Red Cross and Lee Sang-hak, chief of KT&G’s sustainability management team pose for a photo at the Korean Red Cross headquarters on October 4th.


▶KT&G has donated 100 million Korean won to help recovery works in Indonesia, which is suffering from massive casualties and damage from an earthquake and tsunami. Oihyun Kim(third from left), the chairperson of SangSang Fund Operation Committee, Park Kyung-Seo, president of the Korean Red Cross and Lee Sang-hak, chief of KT&G’s sustainability management team pose for a photo at the Korean Red Cross headquarters on October 4th.

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