S-Oil Donates 100 Million KRW to Low-Income Families in Mapo-gu

"Continued Active Social Contribution Activities"

S-OIL announced on the 4th that it donated a total of 100 million KRW to the Mapo Talent Development Scholarship Foundation and the Mapo Welfare Foundation at the Mapo District Office in Seoul to support students from low-income families and the local community.

Since 2012, S-OIL has been donating welfare funds and scholarships annually to low-income families in the Mapo area, where its headquarters is located, to practice sharing with neighbors.

Seoul Mapo-gu S-Oil headquarters building exterior. [Photo by S-Oil]

Additionally, as a member of the Mapo community, S-OIL carries out various sharing activities for local neighbors, such as distributing rice cake soup during Lunar New Year, sharing songpyeon during Chuseok, supporting low-income families in Mapo, and hosting free cultural and artistic performances every month.

Ryu Yeol, CEO of S-OIL, stated, "We will continue to contribute to the local community through active social contribution activities and become a company that practices ESG (Environmental, Social, and Governance) management."