KT&G Donates $90,000 to Love Meal Sharing Event

Events by 2FIRSTS.ai

Feb.20.2024

KT&G Donates $90,000 to Love Meal Sharing Event

KT&G donates $90,000 to charity for "Love Meal Sharing" campaign; employees volunteer at free meal sites.

According to Asiae's report on February 20th, KT&G has donated approximately 120 million Korean won (around 90,000 US dollars) to the Korea Welfare Society for the "Love Sharing Meals" campaign.

At the donation ceremony, Lee Sang-Hak, head of KT&G's sustainable management team, along with other colleagues and employees from KT&G, attended the event and took commemorative photos.

This donation comes from the charity fund "Imagination Fund" formed voluntarily by employees of KT&G. The fund was established by KT&G in 2011 and is a highly innovative community grant fund. Each month, employees voluntarily donate a certain amount of money from their salaries, and the company then matches that amount, using a "matching donation" method to establish the fund. This fund has been used to support marginalized communities in South Korea and other countries, as well as to address urgent social issues.

On the day before the donation, employees of KT&G and volunteers went to a free meal location near Seoul and served meals. KT&G has planned to regularly provide meal costs to organizations serving vulnerable groups such as "Warm Filler" and "The House of Mother in Daegu" in the coming year. In addition, employees of KT&G will also participate in meal service activities every month.

References:

[1] KT&G, 취약계층 무료급식 후원금 1.2억원 기부

Also Read:

[1] KT&G CEO Candidate Selection Committee Announces Four Finalists

[2] Selection Process for Next KT&G CEO Begins

[3] Limited Edition "Lil Hybrid 3.0 D-Project Edition" Available

[4] KT&G Imagination Fund: Employee-led Social Welfare Initiative Supports Vulnerable Groups

#Traditional tobacco #Asia #South Korea #Public opinion.#Major companies #Charity

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

South Korea’s Tobacco Law Amendment to Include Synthetic Nicotine, Projected to Add Up to $340 Million in Local Tax Revenue

Following the National Assembly’s approval of amendments to the Tobacco Business Act on September 22, redefining tobacco to include synthetic nicotine, the Korea Institute of Local Finance (KILF) estimates that local governments could gain between $37 million and $340 million in additional tax revenue in 2025 from tobacco consumption and local education taxes.

Nov.19 by 2FIRSTS.ai

Japan Tobacco Announces Executive Leadership Changes Effective in 2026

Japan Tobacco Inc. (JT) has announced a series of executive and board appointments effective from 2026, including the nomination of Takehiko Tsutsui—currently Executive Vice President at JT International—as President, CEO and Representative Director.

Nov.26

Mexican Senate Approves Nationwide Ban on E-Cigarettes and Vapes

Mexico’s Senate passed a reform to the General Health Law banning the production, importation, sale, and advertising of e-cigarettes and vape products nationwide. The bill passed with 76 votes in favor, 37 against, and one abstention.

Dec.12 by 2FIRSTS.ai

Malaysia’s Cabinet Agrees in Principle to Nationwide Vape Ban

Malaysia is accelerating efforts toward a nationwide ban on vaping, with the Health Ministry aiming to finalise the policy by 2026. Health Minister Dzulkefly Ahmad said the Cabinet has already agreed in principle to move toward a ban, stressing that the issue is no longer whether vaping will be banned, but when.