KSD Sharing Foundation fulfills social responsibility
Students attend a financial education session offered at the Securities Museum. Courtesy of Korea Securities Depository
The Korea Securities Depository (KSD) is expanding its corporate social responsibility (CSR) activities through a non-profit organization established to engage in diverse social welfare activities.
The KSD Sharing Foundation was established in April 2009 to give back to society by providing financial education, scholarships and CSR programs supporting the public here and abroad, according to the KSD.
Under the slogan of “connecting the mind,” the foundation has focused on financial education campaigns targeting vulnerable social groups, teenagers and certain regional communities.
Specifically, it offered customized financial education for families in the low-income bracket and those with a developmental disability, so they can understand basic financial notions.
The foundation also has provided securities-related education to children and adolescents ― such as classes on the history of securities.
The KSD Sharing Foundation is also widening its scholarship campaigns by allocating 789 million won ($601,280) in 2022 alone to offer three financial aid programs for elementary, middle and high school students here.
The foundation's CSR efforts are reaching overseas too. The foundation is offering Korean language education and humanitarian relief programs for developing countries.
For public welfare, it also runs a series of programs such as special donation campaigns through walkathons. Anyone interested in the program can take part in it, after installing the Bigwalk app and donating their walking record. When the combined figure tops 100 million steps, the foundation donates eco-friendly air-conditioning equipment to a group of 400 vulnerable households here.
“These programs are in line with our environmental, social and corporate governance (ESG) efforts amid climate change and growing carbon emission woes here and abroad,” a spokesperson for the KSD said.
This article was sponsored by the Korea Securities Depository.