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Sustainability report

Sustainability report 2023 Download Sustainability report 2023

Social Contribution

Social Contribution

Key Visual

Social Contribution
Activities

Technical Training Center

Hanwha Ocean recruits technical interns each year to provide free technical training programs that support the development of specialized personnel in the local community. The courses include CO2 welding, LNG carrier invar welding, hull assembly and production. Participants are provided with training allowances during the period. Those who showed outstanding performance are given opportunities to work at our best suppliers after completing the programs. In 2023, 2,725 people applied for technical training, with 438 people ultimately completing the program.

Shipyard Tour Program

Hanwha Ocean operates a shipyard tour program each year to promote industrial tourism at the Geoje Shipyard. Visitors can take a tour to our facilities, including 4.9 million m² of land, the world’s largest 1 million-ton dock, and a 900-ton Goliath gantry crane. As of 2023, we recorded 13,527 visitors in the Okpo Shipyard, providing them an opportunity to better understand the shipbuilding industry through the shipyard tour program.

Scholarships for Local Educational Institutions

Hanwha Ocean provides scholarships to educational institutions to support quality education for children and youth from vulnerable groups within the region. In 2023, we provided scholarships worth KRW 11.8 million to 69 local educational institutions, including elementary schools, middle schools, high schools, universities, and special needs schools. We will remain dedicated to helping out children and youth in the community to boost their morale and achieve their dreams so that they can pursue their studies and become healthy members of society in the future.

Unit : KRW 1,000

Scholarships
Indicator 2020 2021 2022 2023
Scholarship Elementary schools 3,700 3,800 4,000 3,800
Middle
schools
3,700 3,800 4,000 3,800
High
schools
3,700 3,800 4,000 3,800
Universities 3,700 3,800 4,000 3,800
Special
needs
schools
3,700 3,800 4,000 3,800
Total 11,700 11,800 ¹⁾ 12,000 ¹⁾ 11,800
  1. 1) Corrected errors in the previous year data.
Employee Volunteering Activities

Hanwha Ocean operates our own volunteer organization, the Social Service Corps, and 830 employees voluntarily engage in activities such as volunteer work in a farming community, providing necessities for the poor, repairing houses, serving meals at welfare facilities, bathing persons with disabilities, cleaning up the environment, and providing financial assistance for tuition fees. We provide financial support to promote the volunteering activities, and award individuals, groups, suppliers, and clubs in recognition of their outstanding social contribution activities each year. Also, we continue to expand voluntary donations from employees and the company through the employee donation program (donating KRW 11,004 each month), exemplary activities of the leadership, and charity bazaar each year.

Community
Coexistence System

As part of the “Hope the 1990s” management innovation movement launched in 1993, Hanwha Ocean formed a social volunteer group centering on our  employees and constantly implemented a wide range of social service activities for local communities. Our activities include helping those in need, environmental cleanup activities, sponsoring welfare facilities, building facilities serving people with intellectual and developmental disabilities, and donating sports equipment. Our volunteer groups are actively engaged in carrying out activities in various fields such as sponsoring children with leukemia. To implement such activities in a more organized and systematic manner, we launched the official Social Service Corps in 2023.

Community Engagement Roadmap

Hanwha Ocean plans to develop a mid-to-long-term roadmap for community engagement and manage our activities annually.

Scholarships
Classification 2023 2024
Annual initiatives
  • Implement social contribution activities under the master plan for social contribution activities
  • Develop community engagement programs for shared growth
  • Offer programs to encourage employees’ participation in social contribution activities
    • Exchange with other companies and organizations, use apps, etc.
  • Maintain and improve existing programs
    • Social contribution calendar, donations, etc.
  • Form partnerships with NGOs and civic organizations on social contribution activities
  • Further enhance community engagement programs for shared growth
  • Offer programs to encourage social contribution activities with local residents
  • Maintain and improve existing programs