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\u25b2 The Models of Corporate Social Impact: Being Intentional and Strategic plenary session, a part of AVPN Global Conference 2022, was held in Indonesia from June 21 to 25, 2022.<\/span><\/p>\n <\/p>\n From June 21 to 25, SK Innovation participated in the AVPN (Asia Venture Philanthropy Network) Global Conference 2022, held in Indonesia, as a session panel, and made its direction for green strategy and effort for expanding the green ecosystem known to the world.<\/span><\/p>\n SK Innovation was invited as a panel of the \u201cModels of Corporate Social Impact: Being Intentional and Strategic\u201d plenary session to discuss strategic models on how companies can create social impact through their business models.<\/span><\/p>\n \u25b2 The panels discuss at the Models of Corporate Social Impact: Being Intentional and Strategic plenary session, a part of AVPN Global Conference 2022.<\/span><\/p>\n (Third from left: Cho Whan-sung, Leader of ESG Impact Unit, ESG Development Office, SK Innovation)<\/span><\/p>\n <\/p>\n The other panels of the session in which SK Innovation participated included director-level members of social-impact-related divisions of the European Venture Philanthropy Association, Schneider Electric, Microsoft Philanthropies, and Trafigura Foundation. They shared social impact business models and their cases that respective agencies and companies have pushed forward with.<\/span><\/p>\n \u25b2 The panels of the Models of Corporate Social Impact: Being Intentional and Strategic plenary session, a part of AVPN Global Conference 2022<\/span><\/p>\n <\/p>\n Representing SK Innovation, Cho Whan-sung, Leader of ESG Impact Unit in ESG Development Office, said, \u201cUnder the SK Group’s management philosophy of \u2018Business innovation and sustainable growth through solving social issues,\u2019 SK Group is transforming its existing business structure into one that is centered on Low Carbon, Green Portfolio, and it seeks for ways to connect its business portfolio to create social values.”<\/span><\/p>\n \u25b2 Cho Whan-sung, Leader of ESG Impact Unit, ESG Development Office, SK Innovation, speaks at the Models of Corporate Social Impact: Being Intentional and Strategic plenary session, a part of AVPN Global Conference 2022<\/span><\/p>\n <\/p>\n He added, \u201cMoreover, SK Innovation is on its way to change its corporate identity from \u2018Global Energy and Chemical Company\u2019 to \u2018Green Energy & Materials Company,\u2019 and by taking account of the characteristics of its respective affiliates, it strives to create social values by producing green products and services.\u201d<\/span><\/p>\n <\/p>\n Cho showcased SK Innovation’s green business portfolio by saying, \u201cAs a part of the company\u2019s endeavor, the company takes its new battery business as a foundation to expand its green businesses, including battery separators and battery materials recycling. In addition, it has continuously spent its effort in improving facilities to reduce carbon emissions for the energy and chemical businesses and green transformation of their products.\u201d Along with explaining the company\u2019s green portfolio, he also emphasized, \u201cWith the company\u2019s experience in creating a venture business ecosystem through the incubation of green venture companies as a specific example of the company\u2019s effort to establish a social carbon-neutrality system, it is possible to connect social impact creation with business itself.\u201d<\/span><\/p>\n Previously, SK Innovation partook in the AVPN Northeast Asia Social Investment Summit on November 11th last year, and led a panel discussion session by citing an example of South Korea\u2019s first green startup ecosystem incubation model, \u201cEGG Program,\u201d which was developed in collaboration with the government, large corporations, and impact funds. During the discussion session, Cho Whan-sung, Leader of ESG Impact Unit in the ESG Development Office of SK Innovation, and officials from the impact funds and green startups had a discussion on the importance of an alliance model for the growth of green startups.<\/span><\/p>\n <\/p>\n *EGG: A coinage of \u2018E\u2019 from SK Innovation (as in \u2018S\u2019 which has a phonetic symbol \u2018es\u2019) and \u2018G\u2019 from Green startups. This incubation program supports green startups to grow into unicorn companies, and creates a business ecosystem for them. Through this, it aims to enhance our society\u2019s sustainability.<\/span><\/p>\n <\/em> \u25b2 SK Innovation members watch the AVPN Northeast Asia Social Investment Summit online on November 11th, 2021<\/span><\/p>\n <\/p>\n SK Innovation plans to continue its wholehearted ESG management in order for the sustainable growth of not only SK Innovation, but of every stakeholder related to the company.<\/span><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" \u25b2 The Models of Corporate Social Impact: Being Intentional and Strategic plenary session, a part of AVPN Global Conference 2022, was held in Indonesia from June 21 to 25, 2022. From June 21 to 25, SK Innovation participated in the AVPN (Asia Venture Philanthropy Network) Global Conference 2022, held in Indonesia, as a session … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":11126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[65,55,1632],"tags":[1194,731,1190,1193,274,1192,1191,75,497],"class_list":["post-11125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-enterprise","category-social-value","category-sustainability","tag-asia","tag-avpn","tag-corporate-social-impact","tag-egg-program","tag-esg","tag-philanthropy","tag-social","tag-social-value","tag-sustainability"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/11125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=11125"}],"version-history":[{"count":5,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/11125\/revisions"}],"predecessor-version":[{"id":11145,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/11125\/revisions\/11145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/11126"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=11125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=11125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=11125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n <\/p>\n<\/p>\n\n\u25a0 Related articles <\/strong>
\n– SK Innovation introduces Eco-Friendly Startup Nurturing Model at AVPN Northeast Asia Social Investment Summit<\/a><\/span><\/span><\/div>\n<\/div>\n<\/div>\n