GS Group donates ￦4 billion to Community Chest of Korea

GS Group Chairman Huh Tae-soo. [GS GROUP]

GS Group has donated 4 billion won ($3.7 million) to the Community Chest of Korea, the company announced Tuesday.

Donations to the Community Chest, one of the country’s largest charity organizations, go toward a variety of causes to help people in need.

“The whole society, as well as companies, need to participate in making our society a warm and happy one,” said GS Chairman Huh Tae-soo. “Corporations are obliged to not only contribute to the development of the country’s economy but also need to take on responsibility to play fair and grow together with society.”

GS Group has been continuously making the donation since 2005, totaling 60 billion won so far.

Apart from the donation, each GS affiliate is participating in different corporate social responsibility programs.

Oil refiner GS Caltex ran a blood drive with the Korean Red Cross to help increase blood donations as supplies are low due to the increased number of people hospitalized because of the coronavirus pandemic.

GS Retail earlier this month donated 10,000 KF94-certified masks to underprivileged people in cooperation with the Korea Disaster Relief Association and golf ball manufacturer Volvik.

GS Home Shopping has been supporting the sale of products made by social enterprises that hire socially vulnerable people.

BY CHEA SARAH [chea.sarah@joongang.co.kr]