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Industry

LG Electronics launches \'Battery Turn\' campaign to collect used vacuum batteries

LG Electronics said on May 18 it will run its \'Battery Turn\' resource-circulation campaign to collect used vacuum cleaner batteries and recycle them into rare metals. The campaign, backed by the Ministry of Climate, Environment and Energy and run with the Korea Environment Corporation and E-Circular Governance, has continued annually since 2022. Customers who return used batteries receive discounts on new battery purchases, with higher discounts offered this year.

People & Corporate Moves

iM Financial scales back 15th anniversary event, donates 150 million won to local community

iM Financial Group scaled back events marking its 15th anniversary and expanded community giving and social contribution activities. It held a ceremony on May 15 at iM Bank\'s second headquarters in Daegu and returned saved costs to the local community under the theme \"Give With Grace\". The group designated May as a month of social contribution and donated 150 million won to the Daegu Community Chest of Korea while supporting 74 welfare facilities nationwide.

Finance

Woori Bank joins SFIF to help prevent harm from illegal private lending

Woori Bank will work with the Korea Inclusive Finance Agency on a nationwide relay campaign to help prevent harm from illegal private lending and promote policy-backed finance support schemes. The campaign, sponsored by Woori Bank for a second consecutive year, will run through the end of December. The two organisations plan to provide information to about 11,000 financially vulnerable people, including the elderly and people with disabilities, and local residents.