As a representative company of the local community, SK Materials strives to identify and solve the social problems faced by local residents. We are focusing on two tasks as a priority: establishing a Social Safety Net of vulnerable groups in the community and discovering and fostering young entrepreneurs.In 2021, we organized the Warm Contact with One Meal Project and delivered lunch boxes to 300 elderly who live alone and have difficulty getting meals due to the suspension of free lunch centers after the spread of COVID-19. We also contributed to increasing the profit of a lunch box company (a local social enterprise) and the income of taxi drivers who delivered the lunch boxes. In terms of Impact*, SK Materials achieved improving the beneficiaries’ physical and mental health by providing good-quality meals, replacing a public assistance from the government (125 million won), and preventing small enterprises from going out of business (30 million won in the maximum).

* Social Value Measurement Review Vol.1 “Reinforce Social Safety Net in the Era of Pandemic: Warm Contact with One Meal Project”

SK Materials develops and provides semiconductor materials-related educational programs to local students. We foster professional personnel through industry-academia collaboration with local community schools and institutions, and operate multiple support projects such as the arts and sports scholarship program to foster talents in various fields in the community.

SK Materials is committed to actively communicating with local residents and discover and provide happiness sharing activities to the local community.In 2020, we held cultural events such as “Hyo (filial duty) Festival in My Neighborhood” and “Cinema Week in My Neighborhood,” and in 2021, we supported a diverse cultural life of local residents including the vulnerable groups by sponsoring various local culture and arts events.In addition, SK Materials encourages employees to voluntarily participate in social contribution activities and create a corporate culture that helps solving social problems of the local community.Employees support the vulnerable in the local community through Happiness Sharing Volunteer Group and Happiness Sharing Donation, and they voluntarily set each of their SV (social value) goal for every month to promote daily creation of social value. SK Materials is planning to expand the range of social value creation including an individual’s volunteer activities.