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Employees of Mirae Asset Securities pose after taking part in CSR activities of cleaning up areas around the Han River in Seoul this month. Photo courtesy of Mirae Asset Securities

Korea’s top brokerage tries to become responsible corporate citizen

A mounting number of companies vow to become responsible corporate citizens by carrying out various corporate social responsibility (CSR) activities.

And here is a South Korean firm, which even comes up with its annual schedule for CSR activities to show commitment to them throughout the year.

It is Mirae Asset Securities, the country’s foremost brokerage house, which disclosed its annual plans for SCR activities late last week.

All company members, ranging from CEO Choi Hyun-man to rank-and-file employees, are strongly encouraged to take part in the activities, according to the Seoul-based brokerage.

Included in its CSR activities are making books for regional children’s centers in March and environmental campaigns around the Han River in April and May.

In the latter half of this year, the company is set to conduct activities to help the handicapped by donating various products and holding art exhibitions for the disabled.

The company has also published an integrated report every year to include reviews of its yearly CSR activities, and the work will continue in 2023.

Mirae Asset Securities said that such efforts marked a part of its ESG management principle.

Brief for Environmental, Social, and corporate Governance, ESG refers to the three major factors in gauging the sustainability of a corporation or business.

The concept has become a buzzword in the world over the past few years.

“CSR activities are about returning the love from the customers in a move to help achieve compassionate capitalism,” a Mirea Asset Securities official said.

“As the business bellwether in the securities industry here, we will keep setting the example down the road.”

The publisher studied Korean history in Seoul and management of business administration in the United Kingdom. He has 20-year experiences in the media business. Kim can be reached at voc200@gmail.com or 82-2-6956-6698.