CSR
- Sustainability
- Social
- CSR
CSR Strategy
Hyosung identifies the actual needs of local communities, seeks out target individuals and listens to their feedback, and develops mid- to long-term strategies with NGOs and specialized organizations. Hyosung does not settle for one-time assistance, but instead strives to be sustainable. We wish to realize a society in which beneficiaries can stand on their own two feet. In addition, Hyosung strives to coexist with local communities by strengthening our business-related social contribution activities.
Hyosung conducts social contribution activities based on three themes: aiding vulnerable groups domestically and internationally, sponsoring cultural and artistic endeavors, and providing assistance to patriots and veterans. Chairman Hyun-joon Cho stated, "As an entrepreneur, I will focus on management and investment to contribute to the economic revitalization, as well as to fulfill my social responsibilities to provide practical assistance to my neighbors," demonstrating that Hyosung is fostering a culture of engaging in social contribution.
A company that empowers beneficiaries to pioneer their future through education and sharing
“We will stand with you through sharing.”
Top 3 themes
"Aiding vulnerable groups domestically and internationally," "sponsoring cultural and artistic endeavors," and "providing assistance to patriots and veterans" comprise the focus of our social contribution activities.
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- Aiding vulnerable groups domestically and internationally
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The social contribution activities of Hyosung are a demonstration of the importance of collectively contributing to the creation of a happy society. Since 2013, the Hyosung Volunteer Corps has been operated through the voluntary participation of employees and executives, including Chairman Cho. In addition to domestic activities, such as support for rehabilitative treatment for children with disabilities and their families, support for education to promote employment of underprivileged women, support for job creation social enterprises, and local sharing activities for each business site, we also carry out activities abroad: the Hyosung Smile Expedition, a free medical treatment project in Vietnam; an overseas children's sponsorship project for employees in Vietnam; and health promotion and sanitary product support projects for girls in Rwanda, Africa.
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- Sponsoring cultural and artistic endeavors
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The purpose of sponsorship activities in the field of culture and arts is to provide opportunities for the underprivileged to enjoy art and to assist them in participating directly in artistic activities. Chairman Cho is the founding member and executive committee member of Arumjigi, a foundation devoted to the preservation of designated cultural heritage, reflecting Hyosung management's active interest and participation. The employees also participate in preserving Changdeokgung Palace, a cultural heritage. Our support activities include sponsoring artists with disabilities, sponsoring the Yo-Yo Ma & Silk Road Ensemble, holding classes for orchestras comprising musicians with disabilities, employees taking part in preserving cultural heritage, and sponsoring a theater company in Daehangno.
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- Providing assistance to patriots and veterans
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Hyosung is engaged in a variety of activities for the nation, particularly in the realm of social contribution. Inheriting the founding spirit of former chairman Hong-je Cho, the top management and employees of Hyosung Group visit the Seoul National Cemetery to pay respect to the patriotic martyrs, clean up their graves, and visit the Memorial Tower, among other activities, as part of this founding spirit. In addition, we provide housing for veterans, sponsor visits to historical sites for men of national merit, hold commemorative events to comfort servicemembers wounded in North Korea's provocation of laying mines in the Korean Demilitarized Zone, and donate consolation items and money to the Gwanggaeto Unit of the Republic of Korea Army I Corps, with whom we have a sisterhood relationship.
Major Projects
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2006 – present
Rice donations in Mapo-gu
Since 2006, Hyosung has donated rive to underprivileged individuals residing in Mapo-gu, where the Mapo headquarters is located. Through this initiative, Gunbuk Nonghyup also contributes to the development of stable markets in rural areas.
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2008 – present
Employee blood donation
Hyosung has hosted blood donation events since 2008. Employees not only at the headquarters but also at major regional business sites such as Ulsan, Gumi, and Changwon donate blood on a regular basis. Blood donations are delivered to the Korean Association for Children with Leukemia and Cancer and used to treat leukemia- and cancer-afflicted children.
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2020 – present
Sponsorship of overseas programs promoting gender equality
Hyosung carries out activities to promote health and hygiene awareness by building ”Girls Room“ for girl teenagers in Rwanda. We are building menstrual hygiene management facilities so that girls in local regions of Rwanda, such as Kishigara, Kamoni, and Mukija, etc. can have a school life in a sanitary environment during menstruation, and strive to improve girls' rights awareness through community education.
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2013 – present
Donation to the first Hyosung Goodwill Store
Goodwill Store is a social enterprise that employs the disadvantaged, contributes to economic independence, and uses the proceeds from the sale of donated items to provide vocational training and education. Hyosung has placed Goodwill Store donation boxes at its headquarters and each business site to forward employee donations to the Hyosung Goodwill Store in Eunpyeong-gu.
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2018 – present
Employee salary sharing for children in Vietnam
The Overseas Child Sponsorship Program is a social contribution program that uses voluntary salary contributions from Hyosung employees to support the education, sanitation of drinking water, environmental improvement, and livelihood of Vietnamese children. The amount of the company's matching grant is used to enhance the areas where the matched children reside, including expanding classrooms, improving drinking water, raising awareness, and constructing libraries.
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2021 – present
Assistance for local communities in Vietnam's Quang Nam Province
In 2021, Hyosung sponsored the kindergarten construction project in the mountainous area of Quang Nam Province.
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2010 – present
"One-company-one-barracks" sponsorship
Hyosung established a sisterhood relationship with the Gwanggaeto Unit of the Republic of Korea Army I Corps in 2010 for providing consolation funds and items for the development of military units each year.
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2010 – present
Support for the vulnerable in Mapo-gu
We have been supporting emergency relief expenses such as emergency living expenses, medical expenses, housing expenses, and educational expenses for low-income households in Mapo-gu, where the Head Office is located.
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2006 – present
Cultural heritage preservation activities at Changdeokgung Palace
Since 2006, Hyosung employees have participated in Changdeokgung Palace cultural heritage preservation activities on a regular basis. Employees and their families participate in cultural preservation and protection activities, such as cleaning the Juhamnu Pavilion.
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2017 – present
Sponsoring visits to historical sites for veterans and persons of national merit
We fund trips to historical sites for senior citizens of national merit who have difficulty leaving their homes. Since face-to-face activities were limited during the COVID-19 period, we provided AI care robots to senior citizens of national merit living alone. AI care robots assist the elderly with daily living, including 24-hour lifestyle management, meals, medications, and hospital appointment reminders. In consideration of their advanced age, these robots are embedded with motion detectors for responding to emergencies.
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2022 – present
Support for products with green technology
We purchase eco-friendly products related to Hyosung and support the farming and fishing communities in cooperation with the cities, provinces, and counties. Hyosung Heavy Industries, together with Hyosung, Hyosung TNC, Hyosung Advanced Materials, and Hyosung Chemical, provided solar panels, Hyosung TNC provided regenerated T-shirts, and Hyosung Advanced Materials provided carbon fiber agricultural product dryers.
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2008 – present
Support for Friends of Love
Through local children's centers, Hyosung offers English education opportunities to children from low-income, single-parent families. We support English education programs, teacher evaluation meetings and workshops, scholarships, and English camps.
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~ present
Village cleaning campaign near construction sites
Each month on the third Friday, Hyosung Heavy Industries conducts village cleaning for local communities around all of our construction sites. We are doing garbage pickup, separate waste collection, water cleaning, etc. once a month for 30 sites in 2021 and once a month for 26 sites in 2022. We will continue with our activities to contribute to maintaining clean and hygienic communities at all sites.
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2013 – present
Hyosung Volunteer Corps: Employee volunteering activities
The Hyosung Volunteer Corps is a volunteer organization in which employees participate voluntarily. Hyosung employees participate in monthly activities with children of Seoul Bethany Daycare Center for the Disabled, an integrated facility for children with and without disabilities. The employees continue to deliver gifts and other mementos to the children on holidays such as Christmas.
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2013 – present
Employment revitalization assistance for career-interrupted women
As part of a project tied to the government's job creation objective, we promote the employment of career-interrupted women and middle-aged women.
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2014 – present
Each employee cleaning up a cemetery
Since 2014, Hyosung has maintained a sisterhood relationship with national cemeteries near its business sites, and employees place flowers and clean the cemeteries on a regular basis.
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2014 – present
Support for social enterprises that create jobs
Since 2014, Hyosung has supported the Eden Welfare Foundation, a social enterprise that encourages the employment of persons with disabilities. Along with donating old computers and monitors, we contribute to ensuring a safe work environment by subsidizing the cost of replacing production facilities and factory lighting.
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2017 – present
Sponsorship for palace restoration project
We collaborate with the Arumjigi Foundation for an indoor lighting and space reproduction project for Daejojeon Pavilion and Huijeongdang Shrine of Changdeokgung Palace. Through the first and second projects, we restored the interior lighting and chandeliers of the Pavilion, contributing to creating a pleasant environment for visitors.
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2004 – present
Junior Engineering program at Changwon Plant
Our professional research staff at the Changwon Plant explains the principles of Hyosung's primary products. It also raises students' interest in science through model-making activities. More than 3,000 students from Yanggok Elementary School, Changwon Elementary School, and Yumok Elementary School participated in the making of transformers, circuit breakers, and fuel cell electric vehicles since the program's inception in 2004.
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2012 – present
Housing support for Korean War veterans
Since 2012, we have collaborated with a number of businesses to enhance the living conditions of persons of national merit. We provide assistance for homeless veterans to move into rental housing, as well as build new and repair old houses.