[Sponsored Report] LG lends support to the nation’s children
It has been 19 years since the medical support program first started helping children with short stature syndrome. They are unable to access medical treatment due to financial difficulties, and the program helps them grow as high as their dreams. Regular growth hormone injections cost about 10 million won ($8,900) each year.
Based on recommendations from the Korean Society of Pediatric Endocrinology, the LG Welfare Foundation selects children on basic living subsidies every year. For a year, they are then offered Eutropin, growth hormone injections first developed by LG Life Sciences.
The program began in 1995 with 20 recipients and expanded to more than 100 by last year. So far, it has provided injections worth 6.3 billion won ($5.6 million) to 700 children. They grow eight centimeters (3.15 inches) on average, with some increasing in height by 20 centimeters.
Eutropin increases growth potential by as much as two times in children with short stature syndrome.
Another important part of the company’s social contribution strategy is focused on education, ranging from science and languages to chamber orchestra music. Since 2010, LG Multicultural School has selected bilingual young adults from multicultural backgrounds whose interests and talents lie in the sciences. The school gives free classes with top-notch professors from Hankuk University of Foreign Studies and KAIST.
Currently, 400 students of Chinese, Vietnamese, Philippine, Mongolian and Japanese backgrounds are participating. About 10 alumni have entered international academies and special-purpose high schools, and another nine have won awards in bilingual contests. Last year, a group of participants entered a competition at the Shanghai International Youth Science and Technology Expo as Korean national representatives.
Another program offers an integrated program featuring science and English courses students in fifth and sixth grade, especially when KAIST is involved. It provides all 240 participants from lower income backgrounds with equal access to education.
LG has also run a gifted music program since 2009 in association with the Chamber Music Society of Lincoln Center. The New York-based orchestra helped develop the curriculum and visits the academy for special lessons. Along with maestros from across the world, the hands-on sessions nurture students’ performance techniques and their dreams.
Every year, the program selects about 20 gifted children who play piano, violin, viola and cello, and gives free classes led by Korean and foreign professors. Students also perform at concerts as part of the two-year curriculum.
As one of the most well-known Korean brands in the international market, LG has also directed its efforts abroad.
It recently gave back to young adults in Ethiopia, the only African country to assist in the Korean War. Through the initiative, each LG executive supports a war veteran’s grandchild with financial needs. The support continues through three years in high school and includes a scholarship for tuition and books.