Kang Seung-woo is the Business Desk editor at The Korea Times. Prior to this position, he covered politics, national affairs, finance and sports.
S-Oil joins sharing drive
By Kang Seung-woo
S-Oil signed an agreement Wednesday with the Ministry of Health and Welfare and the Korea National Council on Social Welfare to join a “sharing” campaign as part of its corporate social responsibility activities.
This is the first time for an oil refiner to join the venture, a public-interest program that the government launched in April 2010 jointly with a civic group to disseminate a culture of donation. Currently, about 20 firms are participating in the charitable activity.
S-Oil plans to select 250 participating service stations and donate a total of 500 million won ($446,500) to child care centers, nursing homes, facilities for the disabled, and other social welfare facilities on the recommendation of the service stations that have information on the communities in which they are located.
In addition, each “happiness-sharing service station” will visit social welfare institutions and provide voluntary services together with S-Oil executives and employees.
“We decided to join the ‘Happiness-Sharing’ campaign to help people in need with the strong support of the 250 service stations nationwide,” S-Oil CEO Ahmed Subaey was quoted as saying. “We’ll expand the campaign in order for our customers to take part in various sharing activities in their everyday life.”