KIC carries out a wide range of social contribution activities to give back to the community, fulfill our responsibilities as a public institution and help create a better world for future generations.
Since 2018, we have engaged in systematic and effective volunteer work in four categories: emergency relief support, human resource development, future building and talent sharing. Our Social Contribution Committee meets quarterly to approve plans that align with KIC’s mission.
In 2020, KIC focused on helping vulnerable groups hit hard by Covid-19. In collaboration with the Korean Open Doctors Society, we delivered relief supplies, food, hygiene products and medical supplies to residents of slums, low-income seniors, the homeless and single parents at shelters.
We also provided food and hygiene products quarterly to households of people with disabilities via the Seongbuk Welfare Center, offered nutritious holiday meals to low-income seniors at the Seoul Senior Welfare Center, provided hygiene products and other supplies to pediatric cancer patients in connection with the Korea Pediatric Cancer Foundation and donated electronic devices for children at shelters and orphanages, for use in online classes.
In addition to raising funds for Covid-19 emergency relief, KIC took part in various campaigns to help floriculture farms and small- and medium-sized enterprises struggling due to the pandemic. The goods purchased were then donated to seniors living alone and other vulnerable groups.
We also continued our usual financial aid programs to support vulnerable and marginalized groups, including patients with rare and intractable diseases and children with cancer. For the second year in a row, KIC provided children from shelters, orphanages and low-income families with financial assistance that can give them financial security until they become self-reliant and start working. We also financially assisted single-parent households.
KIC provided seasonal support as well. In the summer of 2020, following heavy floods in Korea, we donated funds to help victims and recovery efforts. In the winter, we donated clothes and shoes to a homeless support center. We designed and donated T-shirts for child climate refugees through the Hope T Campaign, supervised by Hope Bridge. At the end of the year, we assembled solar-powered lanterns for children in underprivileged, energy-scarce countries through the Lighting Children Campaign, which is overseen by the Miral Welfare Foundation.
KIC offers scholarships to college students from orphanages and households experiencing financial difficulty through the Korea Student Aid Foundation (KOSAF). We also provide tuition for children from multicultural or single-parent households in the Seoul Capital Area, donate books to children’s centers in island and mountainous areas and support programs that help children enjoy reading. KIC is dedicated to helping children and youth overcome challenges and pursue their dreams with confidence.
As an overseas investor, KIC works to build a strong foundation for global cooperation through sponsoring underprivileged children in Asia, Africa and South America in connection with Good Neighbors and funding overseas relief and development programs. Of course, in the cities where KIC has overseas offices, our staff engages in volunteer work and donations in their communities as well.
We also sponsor organizations that serve the public interest so they can continue to better our world.
The KIC staff supports the development of the domestic finance industry by sharing insights and expertise on external review and assessment committees, panels and in conferences and seminars.
We are committed to fulfilling our social responsibility as a public institution through systematic social contributions.