The first chairman of LG Yonam Foundation.
LG honaorary chairman
The first chairman of
LG Yonam Foundation / LG Welfare Foundation /
LG Yonam Education Foundation
The first chairman of LG Evergreen Foundation
LG has vigorously practiced its management principles, creating value for customers” and “respecting human dignity” for the ultimate goal of becoming a “No. 1 LG.”
Under these principles and with this goal in mind, LG has become a leader in social and business relations, and continues to keep in close cooperation with the Korean community through a variety of projects for the public benefit.
At an early stage of LG business performance, In-Hwoi Koo, the LG founder known as Yonam, had faith in the values in establishing a non-profit foundation for human resource development and for science technology advancement. He eventually founded the LG Yonam Foundation in 1969 in order to nurture human resources and to promote expansion of science and culture. Respecting the faith of the founder, “realization of a happy society for all”, Cha-Kyung Koo, Honorary Chairman of LG established an educational foundation, the ‘LG Yonam Education Foundation’ in 1973. He focused on running training programs for future leaders in environment-friendly life industries based on stock farming, horticulture and agriculture. He also founded the LG Welfare Foundation in 1991, and expanded the depth of public services by systemically providing welfare support programs and developing consulting programs for young adults’ visions. In 1995, LG also established the LG Sangnam Press Foundation, and has generously poured its energy into supporting journalists and enhancing journalism cultures in Korea.
The third Chairman of LG, Bon-Moo Koo, who inherited the LG philosophy and a mind for public benefit, established the LG Evergreen Foundation in 1997. This Foundation has broadened the area of LG’s public services into environment preservation and protection including forest conservation projects and bird protection projects. It is also striving to create a more bountiful environment and to foster harmony between human beings and nature.
Moving forward to visualize its goal of being a “Global No.1 LG,” LG will continue to strive to lead the community into sharing a greater love as a good neighbor, keeping in mind its social and business responsibilities for the greater good of society.