Shinhan Cooperative Bank is stepping up to support vulnerable groups facing heating challenges this winter.
The Shinhan Cooperative Foundation announced on October 15 that it will provide heating supplies worth 500 million won to energy-vulnerable households through its "Onsesang Sharing Campaign."
The Onsesang Sharing Campaign is a social contribution initiative that Shinhan has conducted every winter since the foundation was established in 2015. This year marks its 12th iteration, with a total support amounting to 5.6 billion won to date.
A total of 689 Shinhan Cooperatives across the country are participating in this year's campaign. They will distribute winter heating supplies such as blankets, heating mats, and heaters to elderly individuals living alone, people with disabilities, and low-income families.
The specific recipients and items will be selected by each cooperative based on local needs and characteristics. They plan to identify neighbors in need of assistance or collaborate with administrative welfare centers, social welfare organizations, and child care facilities to determine the beneficiaries.
Additionally, employee volunteer activities tailored to local needs, such as sharing kimchi and delivering side dishes, will also take place.
Ko Young-cheol, chairman of the Shinhan Cooperative Foundation, stated, "The Onsesang Sharing Campaign is significant as it allows cooperatives nationwide to directly look after marginalized neighbors and provide necessary assistance. We will continue to work with local communities to ensure practical support for those in need."
* This article has been translated by AI.
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