Go content area Go searching area

SK

Search area

본문

Philosophy of social contribution by SK, Ingrained into the Happiness Management

Our philosophy is based
on happy business
management.

SK is advancing alongside with society
by contributing to economic development and creating social values.

WHY

SK’s Choice to Realize
Social Values

Companies once was able to win customers' support and society's recognition just through creating economic value.
However, companies now must not only create economic value, but also satisfy various values that customers and the society demands in order to ensure sustainable growth and survival.
To this end, SK intends to win strong support from members of society by pursuing the creation of social values as its new management strategy and thereby maximizing the happiness of its stakeholders.

HOW

Three Methodologies for the Realization of Social Values

BM Innovation through the Pursuit of DBL

The 'Pursuit of DBL (Double Bottom Line)' indicates the pursuit of both
economic and social values in overall coporate management activities.
By pursuing DBL, SK is carrying out business model (BM)
innovation in a form that can reflect social values.

DBL = Economic Value + Social Value DBL = Economic Value + Social Value

By pursuing DBL, SK is carrying out business model (BM) innovation in a form that can reflect social values.

Converting Corporate Assets into
Infrastructure for Sharing

Concerned about creating social value, SK has been engaged in the experiment of converting tangible and intangible corporate assets worth 190 trillion won into shared infrastructure that can be used in connecting with a number of members of society, and is now beginning to fully practice its results.

Capability, Patent, Financial Asset, Technical Knowhow, Sharing, Giving New Values Capability, Patent, Financial Asset, Technical Knowhow, Sharing, Giving New Values

Building a Social Enterprise Ecosystem

SPC (Social Progress Credit)

‘Social Progress Credit (SPC)’ is an experiment conducted by
SK to activate the ecosystem of social enterprises.
SPC is a project that converts social values created by
social enterprises into currency and provides equivalent
value in ‘cash incentives.’
In other words, it is a value converting or value exchanging
project, which converts social values created by social
enterprises into economic values.

Social Value, Social Enterprise, Social Progress, Incentive Social Value, Social Enterprise, Social Progress, Incentive

Happy Alliance

Recently, the importance of ‘Collective Impact’, which concentrates on the resources and capabilities of various social entities in order to resolve common social issues, is drawing great attention. On this issue, SK launched the social contribution platform called the ‘Happy Alliance’ to eliminate the issue of children who might skip meals, a typical issue in society.

Company/Public, Social Enterprise, Resolution of Social Issues Company/Public, Social Enterprise, Resolution of Social Issues

Social Entrepreneur MBA

The social entrepreneur MBA selects 20 social entrepreneurs operating in various field of expertise and offers various programs designed to enhance their capabilities in resolving social issues, advance management capabilities, and enhance their sense of calling for society.
Students enter the social enterprise ecosystem by commencing a business.
SK is providing personnel and material resources required for startups, alongside scholarships in order to activate the social entrepreneur MBA.
We are fostering social entrepreneurs through various systems, such as the incubating service through the 「Center for Social Entrepreneurship」 and investment through 「KAIST Ventures」.

close