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371 KT&G Publishes Social Contribution Report, 'KT&G S-REPORT' 2020.09.10

KT&G (President Baik Bok-in) published the '2019 KT&G S-REPORT', which contains details of the achievements of last year's social contribution activities.

 

This 'S-REPORT' contains, in detail, the philosophy of social responsibility pursued by KT&G and the various social contribution activities that have been put into practice. Unlike most Korean companies that only disclose integrated ESG (environmental, social, governance) reports, KT&G has been publishing a separate social contribution report since 2018 to differentiate and expand its communication channels.

 

KT&G practices social responsibility based on the three core values of 'hope', 'coexistence', and 'creativity'. The report consists of three themes of △ Seeds sown with 'Hope' (Welfare Foundation, Scholarship Foundation) △ Fruits borne from 'Coexistence' (Youth Startup, Sangsang Fund, Social Responsibility, Shared Growth) and △ Trees grown with 'Creativity' (Sangsang Madang, Sangsang Univ). In addition, key activities such as the Youth Startup support project, the cultural contribution platform Sangsangmadang, and the Global CSR were displayed on a special page to discuss their achievements in depth.

 

In particular, in the 'Major History of Social Contribution' section, you can check the footsteps of various KT&G coexistence management results, including the establishment of the welfare foundation, and the '2019 HIGHLIGHTS' section summarized the eight major achievements of last year's social responsibility activities. KT&G received a commendation from the Minister of Employment and Labor last year in recognition of its contributions toward fostering social enterprises and was subsequently certified as an “excellent organization sponsoring culture and arts” by the Ministry of Culture, Sports, and Tourism.

 

In the report, KT&G also introduced various activities that are in progress to overcome the COVID-19 crisis, a situation where corporate responsibilities and roles have increased in importance. Based on the management philosophy of 'a company that is with you', KT&G takes the lead in solving problems through prompt support during this national crisis. In February, KT&G launched the 'COVID-19 Response Contingency Plan' in stages to provide physical support such as monetary and goods donations, customized support for the vulnerable, and psychological support.

 

Kim Kyung-dong, the KT&G Director of Social Contribution, shared, "KT&G has taken the lead in creating social values as a leading company in sustainability management, and has faithfully reflected these details in the report. We will continue to fulfill our social responsibilities as a corporate citizen and do our best to coexist with the local community.”

 


 


 

(Photo caption) KT&G (President Baik Bok-in) published the '2019 KT&G S-REPORT', which contains details of the achievements of last year's social contribution activities. The photo shows the KT&G's Social Contribution office staff holding the 'S-REPORT' at the KT&G Tower in Daechi-dong, Seoul.





(Photo caption) KT&G (President Baik Bok-in) published the '2019 KT&G S-REPORT', which contains details of the achievements of last year's social contribution activities. The photo shows the KT&G's Social Contribution office staff holding the 'S-REPORT' at the KT&G Tower in Daechi-dong, Seoul.


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