Overview

Making dreams come true

Under the CSR motto of “A love that makes dreams come true,” LG Electronics has been spearheading efforts to create a better future by helping people achieve their dreams. As such, LGE has created an atmosphere where employees are encouraged to do volunteer work, while also inspiring those most in need to be strong and have a vision.

Goals and operation system

LG Electronics is conducting a wide range of philanthropic activities such as fund raising (through its Executive Fund and Salary Fund) and hosting employee volunteer contests. Furthermore, LGE is raising awareness about the environment and alleviating famine through partnerships with NGOs/NPOs in the world.

The Executive Fund is a charity fund made up of donations from executives who give 0.5% of their salary to the fund every month, an amount that is then matched by LG Electronics.

95% of employees in Korea(27,951 participants in 2008) were each voluntarily rounding down their monthly paychecks to the nearest KRW 1,000 and donating the change to use for volunteer activities and charities inside and outside the corporation.

The LG Labor-Management Volunteer Corps is a volunteer group comprised of over 600 labor union members and general employees which is brought together to help with cleaning up hard-hit emergency disaster areas, such as the relief work it carried out in areas ravaged by typhoons Rusa (2002), Maemi (2003), and Nari (2007). As of last year, a total of 10,000 Volunteer Corps members had been sent to disaster areas, helping victims clean up destroyed homes and repair electronic appliances.

Employees can submit volunteer ideas, out of which 50 teams are selected to be given KRW 1 million each to implement their plans. The money can be used for volunteer activities or donated to a social welfare organization. These contests have been held twice every year since 2005.