Last checked at 1 Dec 2023 11:09
Charitable Contribution
The Board of Directors of Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on November 30, 2023, authorized the following contribution:
1. Contribution to Community Chest of Korea's annual fundraising campaign for 2024
- SEC will contribute KRW 8.65 billion to the Heemang 2024 Nanum Campaign of Community Chest of Korea, a social welfare corporation, to help the underprivileged as a part of our corporate social responsibility.
2. Contribution to the United Nations Development Programme (UNDP)
- As a part of its partnership with the UNDP and to support the United Nation's effort to achieve The Global Goals*, SEC will make a charitable contribution sourced from the Samsung Global Goals application, our user-participation sustainability platform, and the matching fund.
* A set of 17 goals adopted at the UN General Assembly in September 2015 to achieve a sustainable future for all.
? Details
Term of partnership | August 7, 2019-August 7, 2024 (5 years) |
Amount | USD 4,366,270 (approximately KRW 5,680.51 million) |
Timing of contribution | Scheduled for December 2023 |
Recipient | United Nations Development Programme |
Other information | - During each year of the partnership, the contribution amount was calculated based on the proceeds from the twelve-month period from November 1 through October 31. The timing of the contribution is subject to change pursuant to consultation with the partner. - This year's contribution consists of the proceeds from Samsung Global Goals application between November 1, 2022-October 31, 2023, and SEC's contribution. |