LS Group is continuing to carry out social contribution activities at home and abroad.
On the 2nd, LS said it carries out global development projects, support for underprivileged groups in local communities, and donations for disaster relief every year.
LS Group is opening an education and culture institution, the "LS Dream Center," to help families in which a Korean and a Vietnamese are married. As a first-generation Korean corporations to enter Vietnam, LS Group opened the first LS Dream Center in Hanoi in May 2023 and the second in Hai Phong the following year to join in solving local social issues. "LS Dream Center Hai Phong" operates preschool childcare programs for Korea-Vietnam families, family counseling, and Korean language classes.
Since 2007, LS Group has selected and trained in advance a volunteer group composed of college students and LS employees and dispatched them to five countries — Vietnam, India, Bangladesh, Cambodia, and Indonesia. In their assigned regions, they build LS Dream Schools, buildings the size of 8 to 10 classrooms each year. To date, they have completed a total of 23 Dream Schools in places such as Hai Phong, Hai Duong, Ho Chi Minh City, and Dong Nai in Vietnam.
Marking its 20th year this year, the LS College Student Overseas Volunteer Group has had a total of 28 cohorts and more than 1,300 participants to date. They have worked to improve educational environments in developing countries such as Vietnam, India, Bangladesh, Cambodia, and Indonesia and engaged in various cultural exchanges. The LS College Student Overseas Volunteer Group boasts the longest history among Korean corporations' programs dispatching college student volunteers overseas.
In Korea, the "LS Dream Science Class," which lets local elementary school students use their vacations to take part in science practice classes and cultural experiences they rarely encounter, also began in 2013 and is now in its 21st session.
During elementary school vacations, science and engineering majors from universities serve as mentors in a total of nine regions — Anyang, Gumi, Donghae, Busan, Ulsan, Incheon, Jeonju, Cheongju, and Cheonan — and conduct various science practice classes and cultural experiences with elementary school students, including the "Autonomous Driving AI mission challenge" and "spectrum speaker production."
Since last year, LS has also newly pursued the "LS Love Story" as a social contribution activity. It is actively discovering and supporting individuals or groups who have devoted themselves to the nation and their neighbors. Last year, in Gangneung, where a national disaster was declared due to a severe drought, LS selected firefighters dedicated to water supply support as the third "LS Love Story."
Each affiliate of LS Group is also actively taking part in social contribution activities. LS Cable & System is taking the lead in building a circular ecosystem for waste resources. It built an online platform, "ON DRUM," that recycles waste wooden drums used by customers.
LS Electric is working to promote employment of people with disabilities through art and improve social awareness. At LS Tower in Anyang, Gyeonggi Province, it founded the choir for people with disabilities "Green Voice" and holds a lunch concert every year. The Green Voice choir consists of eight musicians with severe developmental disabilities.
LS MnM, a nonferrous metal materials corporations, continues activities to support children's education and create a healthy living environment. The MnM Science Camp, held every summer vacation since 2013, is a representative educational program designed to help children become friendly with science. Also, since 2021, it has continued the "Copper Friends Campaign," donating antimicrobial copper products jointly with the International Copper Association.
At LS Mtron, volunteer clubs of employees at each business site carry out volunteer activities for underprivileged neighbors in the community. Energy corporations E1 runs the "Hope Charging Campaign," donating 105 million won every year to 21 welfare facilities for people with disabilities nationwide. It also operates the "Hope Charging Volunteer Group." Through the Korea Ladies Professional Golf Association tournament "E1 Charity Open," it uses the funds raised to support programs for children from underprivileged groups and neighbors in need. INVENI (formerly Yesco Holdings) is pursuing the creation of "classroom forests" to provide children with emotional stability and pleasant classroom environments.
An LS Group official said, "The spirit of LS Partnership, LS's management philosophy, is to create greater value together for each other's sustainable growth," adding, "We plan to continue to fulfill corporations' social responsibility by carrying out various activities based on the philosophy of LS Partnership as a reliable partner that supports the dreams of future generations."