“We support the happiness of a diverse range of people!”
As corporate citizens, global pharmaceutical companies in Korea are making contributions to Korean society in various ways. They are conducting a variety of programs including donation activities, support for patients and underprivileged people, support for regional communities, support for promoting science, and the improvement of people's health. These are all efforts to make more significant and meaningful contributions to orean society through the active participation and interest of employees, beyond simply providing monetary support. In addition, they have been continuously conducting various CSR activities for over 10~15 years, not just holding onetime events.
Corporate Social Responsibility of Global Pharmaceutical Company
Global companies not only carry the duty of supplying innovative new drug as a pharmaceutical company, but also they value giving back to the Korean society as a member of the community. With various types of CSR activities, KRPIA and member companies would strive to be a partner of the Korean society advancing forward.
Global pharmaceutical companies are returning a part of their profits to the society. 26 companies of KRPIA donated KRW 25.9 billion, which is 0.48% of their whole income.
Donation to sales ratio
Comparison of Donation Ratio in Top 10 Industries
[Source Remarks] Number: Official Data on FSS(Financial Supervisory Service)
- Top 10 Industries by KIFCon(Korea Institute for Firm Contribution): 'Evaluation of Korean Large Company Contributions to National Economy'
*First 368 Korean large companies were selected. Considering the proportion of sales, proportion of companies, and industrial characteristics among the 46 and 30 industrial classes, finally top 10 industries were selected based on the contribution score and the concentration analysis
- FKl(Federation of Korean Industries): "Annual CSR Whitepaper" - 255 Korean Major Companies were included
- KRPIA: "KRPIA Annual CSR & Donation Survey"-18 Global Pharma Companies on FSS included