Social Contribution
Social Contribution Governance Structure
YOUNG POONG has established a dedicated social contribution system and operates it in a structured manner to fulfill its roles and responsibilities toward the local community. At the Sukpo smelter, the General Affairs Team leads social contribution efforts, managing the resolution of community grievances, promoting educational programs for the local community, and enhancing communication to foster mutual understanding both internally and externally.
Shared Growth Management Strategy
YOUNG POONG promotes shared growth management under the vision of ‘Fulfilling corporate social responsibility through mid- to long-term social contribution initiatives and strengthening services for vulnerable communities in underserved areas,’ with the overarching goal of shared prosperity between business and society. To better understand various local issues and contribute to regional development, we established local community engagement policy in 2025. From a mid- to longterm perspective, YOUNG POONG manages its social contribution activities in alignment with relevant Sustainable Development Goals (SDGs), aiming to create shared value. We continue to engage with local stakeholders to gather diverse perspectives and are committed to addressing environmental and social challenges within the community while supporting its sustainable development.
Social Contribution Activities
YOUNG POONG is engaged in various social contribution activities for the mutual growth of the company and society.
We operate a village bathhouse that can be used by all residents free of charge throughout the year. Furthermore, we conduct various cultural projects every year to expand opportunities for our employees, their families, and local residents to enjoy culture in their daily lives. In addition, we make various efforts for mutual growth in the community, such as sharing briquettes and donating money to help neighbors in need and providing winter clothes for local students.
Shared Growth Management Goals
Guided by the corporate philosophy of “serving the nation through industry,” YOUNG POONG carries out a wide range of social contribution initiatives each year. This philosophy emphasizes contributing to the country and society through corporate growth and achieving shared prosperity. To this end, we have identified three key focus areas—local communities, future generations, and the elderly and underserved populations—to establish and implement the social contribution programs. After implementing these programs, we plan to conduct satisfaction surveys to engage with stakeholders, and operate effective programs that reflect their needs.
| Three Key Focus Areas | Tasks | Detailed Objectives | ||
|---|---|---|---|---|
| 2025 | 2026 | 2027 | ||
| Local Communities | Contribute to improving local residents’ quality of life and revitalizing local festivals. | Support at least five local festivals per year. | Support at least seven local festivals per year. (Achieve satisfaction score of 4.0 or higher.) | Support at least ten local festivals per year. (Achieve satisfaction score of 4.0 or higher.) |
| Future Generations | Ensure educational opportunities for local children and youth; foster future talent. | Conduct at least five programs per year for local elementary and middle school students. | Conduct at least six programs per year for local elementary and middle school students. | Conduct at least seven programs per year for local elementary and middle school students. |
| Elderly and Underserved Populations | Address welfare blind spots and promote an inclusive local community. | Participate in at least five volunteer activities in the local community per year. | Participate in at least seven volunteer activities in the local community per year. | Participate in at least ten volunteer activities in the local community per year. |
Metrics and Targets
YOUNG POONG conducts various social contribution activities each year in line with its founding philosophy of contributing to the nation and society through the company's development and prospering. YOUNG POONG aims to contribute to creating a better world through continuous participation and development of win-win programs with local communities.
(Unit: million won)
| Business Site | Activity Type | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| YOUNG POONG Headquarters |
|
76 | 68 | 21 |
| YOUNG POONG Cultural Foundation | Scholarships and more | 1,148 | 756 | 800 |
| Sukpo Smelter | Activity costs | 175 | 277 | 120 |
| In-kind donations | 16 | 77 | 79 |