Samsung 1999 Annual Report Download - page 75

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23. Environmental Standards and Policies:
Building on its philosophy of “Green Management,” the Company continues to promote an abundant life as well as the protection
of the global environment through corporate activities that benefit both people and nature. The Company is committed to
environment protection and preservation in all aspects of its corporate activities, including product development, production,
marketing and disposal.
The Company has been recognized as one of the most environment-friendly companies and has acquired ISO 14001 certification
for its environmental management system. In addition to engaging in development and research activities for environment-friendly
products, the Company operates waste treatment facilities for its own use and a recycling center to collect and recycle waste
electronic goods. The Company actively participates in community environmental protection programs. In addition, the Company
supports community programs to clean, protect and preserve the natural environment, including mountains, streams and parks.
24. Employee Benefits and Public Donations:
A) Details of the Company’s employee benefits are listed below.
Item Description
Support for employee property accumulation Allots preferably a portion of newly issued shares to the
employee stock ownership association.
Operates a mutual savings scheme to make loans
available for employees in urgent need of funds.
Individual pension plans to support a comfortable retirement.
Living support Provides housing for employees assigned to factories
or provincial office jobs.
Provides academic tuition support.
Support for commuting, meals, etc. Provides commuter buses for employees.
Operates in-house restaurants and provides work clothing.
Support for congratulations and condolences.
Medical support Finances annual medical check-ups for employees.
Provides assistance for employee medical expenses.
Support for leisure activities Operates condominium and resort facilities for employees.
Provides paid summer or winter vacations and half-day holidays.
B) The Company made public donations for the year ended December 31, 1999 as follows:
Description Millions of Korean Won
Donations for local roads 54,182
Contributions to the employee welfare fund 54,000
Donations to support universities and help the less fortunate 30,87
139,056
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