KT&G (CEO Min
Young-jin) announced that it would introduce a “Donation Petition System” in which
the beneficiaries of the Sangsang Fund, created voluntarily by officers and
employees of KT&G, are directly recommended.
In the system, officers and employees post stories about
needy neighbors to a donation request forum on the intranet, and if the number
of comments that recommend donation exceeds 200, the details of the request are
adopted. For the story adopted, the Sangsang Fund Management Committee
determines various matters relating to the amount of donation according to the
prescribed standards.
A KT&G official said, “Officers and employees themselves will heighten
the feeling of self-fulfillment and the sense of belonging through sharing by
appealing for donations and making comments of recommendation,” adding that “this is expected to be taken
as an opportunity to contribute to fostering a desirable corporate culture of community
service and to developing a sound organizational culture.”
An elementary school student in the sixth grade named
Kim living in Okcheon, Chungcheongbuk-do, who is undergoing treatment for a brain
tumor was selected as the first beneficiary through this Donation Petition
System, and will be given ₩6
million. When the story about Kim was posted on the donation request forum, the
comments exceeded 200 in just one day, reflecting the passionate interest of
officers and employees.
The Sangsang Fund
is a social contribution fund that was created with the amount of voluntary
donations by KT&G officers and employees from their paychecks matched by the
same amount from the company, plus the voluntary work done by officers and
employees being converted into ₩10,000
per hour. The Fund was set up in March, 2011 through the development of a bond
of sympathy between labor and management with respect to the practice of
genuine sharing. The annual operational budget scale for this year is expected
to reach approximately ₩3.5 billion.