The first clause of LG Electronics’ Charter of Social Contribution established in 2005 states that “Through the cooperation between labor and management, LGE shall not only fulfill its original purpose of engaging in business activities as a corporation, but also make overarching efforts into social contribution such as donations on generated profits and employees’ direct participation in volunteer work.”
Employee participation programs based on creativity and autonomy go beyond traditional cash donations and volunteer work and expand into knowledge and talent donations. In 2011, LGE engaged in diverse donation campaigns, including“Life’s Good Day” (employees choose to have a simpler menu from the company cafeteria and donate the difference), to provide greater contribution opportunities for its employees.
Started in 2005 as an “Open Call for Volunteer Work”, volunteer activities by LGE Employees expanded to talent sharing with the 2010 launching of “Life’s Good Volunteers”. Volunteers selected from each business site engage in a variety of volunteer work for isolated and marginalized members from the local communities, including photo shoots for elderly citizens, tutoring for children and teenagers, and art classes by designers, utilizing their special talents, interest and expertise.
The Salary Rounding Fund is raised with the voluntary participation of more than 96% of LGE Korea employees. The fund is managed by the Labor Union led Salary Rounding Fund Committee and used to support local disaster relief and employees dealing with hardships. In 2011, the fund was used to help victims of flooding in Thailand and the earthquake in Turkey.
The Executive Contribution Fund is raised with the participation of more than 85% of the LGE Korea executives who donate a set amount from their monthly salaries. LGE also makes matching donations on the amount raised. The fund is used to support the vaccine development effort.
As part of its support programs for startup social enterprises, the LGE Labor Union provided productivity improvement consulting to small E-waste recycler Eco City Seoul in 2011. Experienced technical staff from the LGE Labor Union provided the consulting with a focus on productivity improvement through the elimination of hazardous processes and improving worksite environment. As a result, Eco City Seoul’s productivity improved by almost 50%, and the company secured greater competitiveness.