Sign In
Last checked at 
1 Dec 2022 07:39
Charitable Contribution
The Board of Directors of Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC"), on November 30, 2022, authorized the following contribution:
1. Contribution to Community Chest of Korea's annual fundraising campaign for 2023
- SEC will contribute KRW 18.37 billion to the Heemang 2023 Nanum Campaign of Community Chest of Korea, a social welfare corporation, to help the underprivileged as a part of its 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 Nations' efforts to achieve The Global Goals*, SEC will make a charitable contribution sourced from 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 7,188,329 (approximately KRW 9,567.67 million) |
Timing of contribution | Scheduled for December 2022 |
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, 2021 and October 31, 2022, and SEC's contribution. |
3. Sponsorship of WorldSkills International
SEC will provide EUR 1.65 million (approximately KRW 2.25 billion) to the 47th WorldSkills Competition in Lyon, France, and to the Organizing Committee of WorldSkills International as its global social contribution to nurture future talent who will contribute to global industrial development. The contribution will be paid in February 2023.
Follow the stocks
