South Korean government honors Korean companies with CSR activities(1)

MANILA, Philippines — Recognizing that to do well in business means not just to make profit, but also to take care of the people and the planet, the South Korean government encourages and honors companies that make corporate social responsibility (CSR) an important part of their operations.

Apart from helping South Korean businesses thrive, CSR activities are also seen to help foster stronger ties between South Korea and the Philippines.

South Korean Ambassador Han Dong-Man said the South Korean government recognizes Korean companies undertaking CSR activities every year, as doing such has been seen to be beneficial for the firms in the long run and in having closer ties with other countries.

This year’s CSR Awards for Korean Companies in the Philippines held recently at the Dusit Thani Hotel in Makati City, was hosted by the Embassy of the Republic of Korea with the Korean Chamber of Commerce Philippines and the Asian Institute of Management (AIM).

During the event, 13 Korean companies were recognized.
These Korean companies employ more than 250,000 individuals.

South Korea is also among the Philippines’ major trading partners.