Engaging the Future : Why Community Involvement is a True Win-Win
Companies engaged in active CSR initiatives forge close relationships with local residents and secure loyal long-term customers, eventually helping the company’s bottom line and generating greater value in a virtuous cycle. This relationship is changing the face of CSR, and many global companies that had merely sponsored activities in the past are evolving to connect outreach with their strategies and business goals.
Forges Friendly Relationships with Communities through CSR Activities
Hanwha is also engaged in diverse social responsibilities designed to leverage their own specialized business capabilities and expertise for the community as a whole.
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Hanwha Techwin Europe donates security solution to charityHanwha Techwin helped transform England’s Blackpool Carers Centre, a previously theft-ridden place, into a vibrant and safe space for young caregivers. The Blackpool Carers Centre had suffered from break-ins due to weak security systems, threatening the safety of its staff. However, its new reliable, cutting-edge security solution has prevented trespassing and created a safe working environment. Hanwha Techwin, together with other security solution providers, donated security equipment to the Centre building that had been under renewal at the time to create a safe environment. This improved the lives of many more the children and young people in need of the Centre’s services. Hanwha Techwin’s donation benefits not only this one charitable organization but also the wider regional community.
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Hanwha Life Vietnam sponsors health insurance cards for the poorThe low-income sector in Nghe An, Vietnam, was not able to enjoy healthcare services due to high burdens of paying for the services. Hanwha Life has been sponsoring those unable to afford health insurance in Nghe An, Vietnam since 2014. The initiative has helped improve the health of local residents and raise quality of life. The people of Nghe An now can afford to look into the future and dream of a better life. Hanwha Life’s health insurance cards are empowering the residents of the community to be more independent while living their own lives.
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Hanwha supported education and public services in Tanzania, Kenya, and UgandaSince 2008, Hanwha has been supporting underdeveloped Africa regions to fulfill its social responsibility as a global company. The company conducted provided development support in Tanzania, Kenya, and Uganda to improve quality of life for local residents. In 2011, Hanwha built and donated seven classrooms, administrative offices, and a faculty dormitory for Muyagu Primary School in Uganda, making the dreams of over 500 local students come true.
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Hanwha Solar Forests to combat desertification around the worldHanwha is working to prevent desertification in an entertaining and engaging way. When video game players of Tree Planet, a UNCCD-certified mobile game, plant virtual trees, Hanwha plants real trees. Through Tree Planet, Hanwha planted 230,000 trees in the nature conservation area in Tuijin Nars of Mongolia, creating the first Hanwha Solar Forest in 2012. In September 2013, the second Solar Forest was planted in the Mu Us Desert of Lingwu City, China. For this project, Hanwha also donated an entire solar photovoltaic plant to grow 200,000 trees in a nursery powered by solar panels. Hanwha introduced its third and fourth Solar Forest at an elementary school in Seoul, South Korea in 2014 and in Inchuan, China in 2015. In 2016, Hanwha added another Solar Forest in Seosan, South Korea. Altogether, 490,000 trees have been planted on 1.16 million square meters to date.
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Hanwha donates solar energy facilities to communitiesHanwha supports sustainable energy use in every community by leveraging the expertise it has gained from the vertical integration of our solar businesses. Hanwha’s most renowned program is the Happy Sunshine campaign. Through this program, Hanwha donated solar power generation systems to community welfare centers in South Korea. It has installed systems at 146 centers, generating a total of about 1,023 KW of solar energy. Hanwha also operates the Happy Sunshine program overseas, donating solar power generation systems to elementary schools in underprivileged areas in China. It installed 30 KW rooftop photovoltaic equipment in two elementary schools, one in Hubei and one in Qinghai, China.
A company’s sincere engagement in socially responsible activities creates a virtuous cycle by benefitting both the company’s businesses and the regional community. Hanwha will be able to further grow and prosper together with communities around the world by staying committed to sustainable CSR activities that give hope to people for a better life and offer tangible benefits to communities.
Related Affiliates
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Hanwha Qcells
Hanwha Qcells (Hanwha Solutions Qcells division) is one of the world’s leading clean energy companies, recognized for its established reputation as a manufacturer of high-performance, high-quality solar cells, and modules, a portfolio of intelligent storage systems, and a growing international pipeline of large-scale renewable energy projects. Hanwha Qcells also provides renewable electricity retail services and packages to end customers the world over. The company is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Hanwha Qcells strives to offer Completely Clean Energy through the full spectrum of photovoltaic products, storage solutions, renewable electricity contracting, and large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa, and the Middle East, Hanwha Qcells provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental, and residential markets.
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Hanwha Life
Established in 1946, Hanwha Life is a leading life insurance company that is both the first and the oldest in South Korea. Early on, we played a critical role in developing the insurance industry and the country’s economic growth.
In 2017, we expanded but made sure to stay structurally sound. We reported total assets of USD 102.96 billion. At the end of 2017, we achieved a 206.4 percent risk-based capital (RBC) ratio, demonstrating the soundness of our asset quality. Our strong credit ratings from both domestic agencies and abroad attest to our creditworthiness. We have received sterling AAA credit ratings from South Korea’s top rating agencies for the past eleven years. From abroad, we received global credit ratings of A1 from Moody's and A+ from Pitch international credit rating agencies.
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Hanwha Vision
Hanwha Vision provides optimal security solutions for different industries, with our full lineup of products ranging from CCTV and storage devices to integrated management software. Based on 30 years of experience and best technology in the field of optical and video processing, we are able to satisfy diverse customer needs with excellent product lineup, while maintaining a global top-tier status with advances in R&D that meet the changes in housing and industrial paradigms. With production facilities in China, Vietnam and in Korea, Hanwha Vision manufactures 2.7 million video surveillance devices. Our service network covers Europe, the Americas, the Middle East, China and Asia and 76 percent of our sales come from our overseas markets.
