Under the slogan 'Share Happiness and Grow Together with Local Communities,' SK specialty strives to contribute to society
by selecting key social value strategies: solving social problems, fostering future talents, and sharing happiness with others.
Social Contribution System
Social Contribution Activities
Solving Social Problems
As a representative company of the local community, SK specialty strives to identify and solve the social problems faced by local residents. We are focusing on two tasks as a priority: establishing a Social Safety Net of vulnerable groups in the community and discovering and fostering young entrepreneurs.
In 2021, we organized the Warm Contact with One Meal Project and delivered lunch boxes to 300 elderly who live alone and have difficulty getting meals due to the suspension of free lunch centers after the spread of COVID-19. We also contributed to increasing the profit of a lunch box company (a local social enterprise) and the income of taxi drivers who delivered the lunch boxes. In terms of Impact*, SK specialty achieved improving the beneficiaries’ physical and mental health by providing good-quality meals, replacing a public assistance from the government (125 million won), and preventing small enterprises from going out of business (30 million won in the maximum).
Social Value Measurement Review Vol.1 “Reinforce Social Safety Net in the Era of Pandemic: Warm Contact with One Meal Project”
Warm Contact with One Meal Project (2021)
(including replacement of the government assistance and prevention of small enterprises’ closure)
Fostering Future Talents
SK specialty develops and provides semiconductor materials-related educational programs to local students. We foster professional personnel through industry-academia collaboration with local community schools and institutions, and operate multiple support projects such as the arts and sports scholarship program to foster talents in various fields in the community.
Fostering Talents Programs (2021)
SK specialty is committed to actively communicating with local residents and discover and provide happiness sharing activities to the local community.
In 2020, we held cultural events such as “Hyo (filial duty) Festival in My Neighborhood” and “Cinema Week in My Neighborhood,” and in 2021, we supported a diverse cultural life of local residents including the vulnerable groups by sponsoring various local culture and arts events.
In addition, SK specialty encourages employees to voluntarily participate in social contribution activities and create a corporate culture that helps solving social problems of the local community.
Employees support the vulnerable in the local community through Happiness Sharing Volunteer Group and Happiness Sharing Donation, and they voluntarily set each of their SV (social value) goal for every month to promote daily creation of social value. SK specialty is planning to expand the range of social value creation including an individual’s volunteer activities.
Sponsoring local culture and arts
Employees’ participation in social contribution
Social Enterprise Support Program
SK specialty is promoting various programs in connection with social venture accelerator companies to contribute to the influx of young people into the local community, job creation, and revitalization of the local economy.
We are implementing projects such as fostering local entrepreneurs, establishing a sustainable local startup ecosystem, and creating a favorable living environment for the youth.
We are planning to carry on and expand this support to create a vibrant local community.