Woori Financial Group announced on Aug. 6 that it donated flowerpots, reborn through upcycling, to 35 elementary schools across the country, so they could be used to create green areas in school in honor of Resource Recycling Day.
Upcycling means reusing discarded objects or material in such a way as to create a product of higher quality or value than the original.
Since April of this year, Woori Financial Group has been spearheading the Act for Nature with Woori - Our Green Future Campaign, a resource recycling activity that collects plastics often used in daily life and make upcycled flowerpots with the plastics.
This campaign was participated in not only by employees of Woori Financial Group but by students from 35 elementary schools nationwide including Galgot Elementary School in Gyeonggi Province, Tangjeong Elementary School in South Chungcheong Province and Boramae Elementary School in Seoul.
The three schools were selected as carbon-neutral pilot project schools for 2022.
Through the active participation of the students, a total of 930kg of plastic was collected. The plastic was turned into a flowerpot through an upcycling process that took two months.
Woori Financial Group employees visited Boramae Elementary School in Seoul on Sept. 1.
They had time to realize the value of resources by creating rich school forests with pots reborn through the upcycling process with the students.
In addition, flowerpot kits consisting of upcycling pots, soil, and herb seeds were donated to the 35 elementary schools that participated in this campaign across the country.
“Through this campaign, we hope that the small actions of children who conserve and recycle resources will offer a valuable opportunity for our society to move toward a circular economy just as many a little makes a mickle,” Woori Chairman Son Tae-seung said.
“We will steadily put ESG management into practice in order to build a better world with the younger generation.”
Meanwhile, Woori Financial Group has carried out a plastic reduction and recycling campaign after inking an agreement with the World Wildlife Fund, a world-class environmental conservation organization.
Its various activities include hosting the Circular Economy Conference 2022 among others.
In the meantime, Woori Financial Future Foundation of Woori Financial Group held a delivery ceremony for “Our Future Sharing Package” at the Jokbang Counseling Center in Changsin-dong, Jongno-gu, Seoul with the attendance of Chairman Sohn and Director Kim Hyun-mi of the Center for Senior Citizens Living Alone on Sept. 7.
Woori Financial Group Chairman Sohn Tae-seung delivers “Our Future Sharing Package” for the Chuseok holidays in in Changsin-dong, Seoul.
At a time when the social responsibilities and roles of finance is more urgently needed, Woori Financial Group established the Woori Financial Future Foundation with 20 billion won not only to lay the foundation for sustainable growth but to actively participate in ESG management.
The 20 billion won was raised by all the 15 group affiliates including Woori Bank. It is a non-profit organization.
Our Future Sharing Package was prepared with the love of all employees at Woori Financial Group so the marginalized will be able to warmly spend the Chuseok holidays with their families and neighbors.
In addition, this sharing package had a total of 12 foodstuffs such as rice and fruits which were products from small business owners and social enterprises as Woori Financial Group wanted to help them enjoy strong sales.
In particular, CEOs of all 15 group affiliates, including Woori Bank, visited social welfare centers near their workplaces and had a meaningful time to deliver these sharing packages directly to the underprivileged.
Group Chairman Sohn doubles as chairman of the Woori Financial Future Foundation. “We hope that our neighbors will be able to spend warm Chuseok holidays through this support program.” he said.
“We will take the lead in ESG management by fulfilling our social responsibilities down the road.”
Woori Financial Group will expand social contribution activities through mutual synergies based on the trio of the Woori Financial Future Foundation, the Woori Multicultural Scholarship Foundation, and social contribution units of group affiliates to fulfill its social responsibilities and create a better society.
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