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When all members of society feel supported, the future is brighter for companies. We prioritize creating value for society from the start of product development.
The LG-KOICA Hope TVET College educates young people in Ethiopia to help them become independent. The school was opened in 2014 by the Ethiopian government, the Korea International Cooperation Agency (KOICA), and NGOs. The LG Dubai Service Center contributed its educational know-how, to help LG build a platform where students can take online classes. In 2020, 228 out of 239 students completed the classes, and 80% of beginner course students and 95% of intermediate course students completed the theory class.
LG also set up Income Generation Activities (IGA) to help schools closed due to COVID-19. We continue to expand and develop our businesses into vocational training schools, providing the highest level of education. * You can find more details in Sustainability Reports.
Since 2011, LG has initiated the Global IT Challenge for Youth with Disabilities (GITC) to bridge the information gap among disabled youth and create a foundation for social advancement, like entering school and work. We keep trying to improve participating countries' knowledge of disabilities by holding forums on IT and disabilities.
GITC is the world's only IT festival for disabled youth, overcoming barriers of disability, religion, culture, and nationality. Young people with disabilities (physical, hearing, vision, and development) from 20 different countries take part in four categories in the IT Paralympics.
Since 2017, LG has been running a contest to help local community issues in Bangladesh. Residents submit ideas to fix a local issue, and LG chooses one person to become an LG ambassador and receive support to solve the problem they raised.
We will keep providing solutions to residents concerned about the issues in the local communities. We expanded the LG Ambassador program to 5 countries in 2020 to give more people around the world a chance to change their community for the better.
LG launched a project to improve housing in a veterans' village in Ethiopia, with help from the Community Chest of Korea and Habitat. Between 2021 to 2023, with a 700 million won fund, we'll renovate homes of veterans and low-income families, build communal kitchens and toilets, and install drains and communal showers.
We also have a project to create toilets, drinking water facilities, and IT facilities in schools that veterans' families attend. Plus, we give youth and women practical ICT training, with the local LG-KOICA Hope TVET College. In particular, we provide detailed courses on CCTV repair and maintenance, which are in high demand locally. We hope these courses will contribute to higher household incomes.
Since 2011, LG has been running LG Social Campus, a platform for financial, space, and growth support.
It also develops talent, so social economy companies in eco-friendly fields can grow sustainably. We choose eco-friendly social economic companies, support company incentives, and provide programs to strengthen company capabilities. We also support stable workplaces for social and economic ventures with potential growth. We help key talents and potential leaders to maintain a healthy social economy ecosystem in communities by creating a culture of social innovation, where local activists suggest ways to fix community issues.
The ESG Academy for College Students is an annual program creating talent suited to the ESG (Environment, Social, Governance) field. Since 2014, 230 people have completed the course. Students participate in lectures and mentoring and experience planning and practicing ESG activities.
They select works containing ESG messages or directly produce content and hold a photo exhibition to highlight or improve social issues. We share people with ESG by researching ESG activities of other global companies and studying best practices. We also explore and analyze environmental and social problems, present solutions, and promote social economy companies. LG will keep running the ESG Academy for College Students and provide generous support for future talents.