Leading international tire manufacturer Hankook Tire (CEO Seo Seung-hwa) has donated 1 billion won (US$938,000) to the Community Chest of Korea organizing the “Campaign for Sharing Hope 2014.” Hankook Tire has been participating in the event since 2003.
A charity fundraising event was recently held on December 30. Hankook Tire Infrastructure Management Board Director Lee Jae-pyo and Director of Hankook Tire Charity Shin Sung-gee visited Jung-gu district’s Community Chest of Korea office and participated in the event.
The gift will be used for basic welfare recipients, the disabled, the socially-disadvantaged elderly, and low-income families.
Hankook Tire has been involved in various public welfare activities, and maintaining social responsibility has been its priority. From 2010 to 2013 it has provided free replacement tires for 2,000 of the automobiles owned by social welfare organizations around the country.
Hankook Tire provides scholarship and medical services for the socially disadvantaged and various social welfare organizations. Its symbol, the tire, implies mobility and motion, and it tries to reflect that in social programs that serve the public need, which include providing automobiles, buses, and strollers for the needy.
Hankook Tire’s Seo Seung-hwa said, “This is not a one-time event. It reflects our continued effort at providing support for the disadvantaged.” Then he added, “We will work through various channels of social welfare and will continue our culture of care and nurturing.”
Hankook Tire is the first tire company in Korea to specialize in manufacturing tires, and has long been a symbol of Korea’s industrialization. Hankook Tire sells the highest number of tires for automobiles in Korea.
But Hankook Tire is also a global company, with four overseas headquarters, thirty offices, seven manufacturing facilities, and five R&D centers. Hankook Tires are sold in 180 countries around the world. It is the fifth largest company in manufacturing and the seventh in sales revenue globally, with 80 percent of sales coming from overseas.
With extensive R&D geared at improving product quality and customer satisfaction, Hankook Tire strives to develop environmentally-friendly technologies, and plans to give back what it earned from customers through various welfare activities as it grows as a socially-conscious company.