S-OIL Leads Environmental Protection as Guardian of Natural Monuments for 15 Years

Korean Otter Protection Association and Korean Freshwater Fish Conservation Association
Private Environmental Groups Practice ESG Management with 15 Years of Support
Campaign to Protect 5 Endangered Natural Monument Species Underway

Hussein Al Qatani, CEO of S-OIL. Photo by S-OIL

[Asia Economy Reporter Donghoon Jeong] On the 22nd, S-OIL, together with the Cultural Heritage Administration, delivered a sponsorship fund of 150 million KRW to environmental organizations such as the Korea Otter Protection Association, Korea Freshwater Fish Conservation Association, Natural Monument Insect Research Institute, and the Soft-shelled Turtle Protection Association at its headquarters auditorium in Mapo-gu, Seoul.

S-OIL's sponsorship fund will be used for the protection activities of five endangered natural monuments requiring attention and support: otters, cranes, Korean taimen, longhorn beetles, and soft-shelled turtles. Showing interest in environmental fields and aiming to realize social value, S-OIL became the first company to sign a 'Cultural Heritage Keeper' (Natural Monument Keeper) agreement with the Cultural Heritage Administration in 2008 and has continuously supported the cause for 15 years.

An S-OIL official stated, "Thanks to the dedicated efforts of all those involved in ecosystem protection and research activities despite difficult circumstances, endangered species have recovered their populations and established a healthy ecosystem. Going forward, S-OIL will continue to show interest and provide support in environmental fields and fulfill its social responsibilities as a company."

S-OIL's Natural Monument Keeper activities include ▲supporting research and protection activities by specialized protection organizations ▲volunteer activities by employees and customers' families as natural monument keepers ▲university student natural monument keeper groups ▲natural monument classes for children from low-income families. So far, over 4,900 employees and customers' family members have participated in volunteer activities, and 4,540 children from low-income families have attended ecological education camps.