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CSR Foundation

By faithfully fulfilling the public role of the
corporation, We will contribute to social
integration and balanced development

Hyundai Motor Company Chung Mong-Koo Foundation

Hyundai Motor Company Chung Mong-Koo Foundation was established to reflect the wish and desire of Hyundai Motor Group’s
chairman Mong-Koo Chung to pursue and promote human happiness and the development of society.
The foundation practices Chairman Chung’s social contribution philosophy with regard to the fostering of future talent,
supporting socially alienated groups, promoting culture and art, and other such areas.

현대차 정몽구 재단

Main Projects

Over the past decade (as at the end of 2017), the Hyundai Motors Chung Mong-Koo Foundation invested KRW 138.9 billion
in corporate social responsibility initiatives, directly or indirectly reaching the lives of 540,000 people.

Fields of Activities

  • 미래인재 양성

    Future Talent Nurturing

    • Human resource development·Narasarang scholarship support
    • Creativity and character-building education for elementary school students in rural villages
    • Club activity support for middle/high school students
    • Teacher training and forums
  • 소외계층 지원

    Alienated Group Support

    • Domestic/Overseas Medical Support
    • Settlement support for multicultural families and
      North Korean refugees
    • Independence-building for children requiring protection
      and care
    • Young social enterprise entrepreneurs development
  • 문화예술 진흥

    Culture and Art Promotion

    • Culture and art sharing
    • Talented artist development
    • Daily culture and art promotion

Hyundai Motor Company Smile Microcredit Bank

The Hyundai Motor Group Smile Microcredit Bank was established in December 2009 using funds contributed
by the Hyundai Motor Company. It aims to promote social integration and foster balanced development
by helping groups marginalized from our financial system become more self-reliant.

현대차미소Finance재단

Main Projects

The Bank offers low-interest loans without collateral or guarantees for funds required in managing businesses or
making security deposits for houses. In doing so, it eliminates any blind spots overlooked by our financial system
and stabilizes the financial conditions of working-class families.

Fields of Activities

  • 금융지원

    Fund Support

    Business founding fund support, Management fund, Facility improvement fund, Young·college students Emergency fund and such financial support

    Living Support for Working-class Families

    The Hyundai Motor Group Smile Microcredit Bank provides professional and realistic support to help working-class families stand on their feet with employment counseling, financial education, consulting, etc. in collaboration with the Korea Inclusive Finance Agency.

  • 창업 교육지원

    Job Placement and Employment Support

    The Bank has a well-organized counseling system and provides employment information to help working-class people seeking employment due to layoffs, business shutdowns, insufficient income levels, etc. find work opportunities as early as possible.

    Financial Education

    The Bank raises the awareness of working-class families about financial affairs, helps start-ups and existing business owners gain more expert knowledge to give them a better chance of success and operate sustainable businesses.

    Consulting

    Expert consultants at the Bank offer consulting support (e.g. management diagnosis, sales increase, etc.) to increase the likelihood of success of people using microcredit.

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