Welcome!

News Feed Item

SK Chairman Suggests Creating Global Action Hub, Comprehensive Social Enterprise Platform Connecting the Entire World

On Monday, Chey Tae-won, Chairman of SK Group, proposed concrete plans to invigorate global social enterprise at the Rio+20 Forum held in Brazil on the 18th. He suggested “creating the Global Action Hub, the IT platform where the building blocks of social enterprise can be exchanged” to solve the social ills, striking a chord with about 2,500 experts at the forum.

SK Group Chairman Chey Tae-won participated in the SK's Social Enterprise Session held at the Windso ...

SK Group Chairman Chey Tae-won participated in the SK's Social Enterprise Session held at the Windsor Barra Hotel in Rio on the 18th to highlight the importance of enriching social entrepreneurship to address social issues with other panels. (In the picture, Paulo Sotero, Chey Tae-won, Celso Grecco, Nicolas Hazard and Vicki Sellick from the left)

Delivering a speech at the Closing Plenary Session of the Rio +20 Corporate Sustainability Forum, Chairman Chey underscored the importance of creating “an ecosystem for autonomous development of social enterprise” as prerequisite to bolster social enterprise.

Chey emphasized that the Global Action Hub is not just a simple IT platform but a comprehensive one where investors, experts and social entrepreneurs would join forces for networking, information exchange to further enhance positive effects by social enterprise. In other words, SK’s vision is to build a single international social enterprise portal, connecting the entire world.

SK and UNGC will be jointly driving the hub project to open it at the end of 2014 with further cooperation from partners like global companies and international organizations. When the system is ready to go, the information and human resources network will be built, which is crucial to start a social enterprise or to make investments. The long term plan is expected to include consulting or CSR evaluation services.

Chey added, “We will run a MBA program introduced by the KAIST, in tandem with the UN Principles for Responsible Investment, so that the values of the UN are naturally permeated through activities of social entrepreneurs.”

Chey also joined the social enterprise session organized by SK to discuss with experts the possibility of solving international problems through social enterprise for one and half hours. Among the panel were Vicki Sellick, Head of International Advisory at the Young Foundation, Nicolas Hazard Vice-Chairman of Groupe SOS, Celso Grecco President of the Social Investment Exchange in Portugal to share their ideas on how to create a global ecosystem for social enterprises.

At the session, Chey emphasized, “We need to bring innovation into traditional CSR activities. Considering the increasing influence of private sectors, developing and supporting social entrepreneurship will be an effective alternative for social participation activities,” adding, “To realize this aim, it is crucial for countries and sectors to cooperate with each other to expand the concept of social enterprise from a global perspective.”

Showing his strong commitment to nurturing the social entrepreneurship on the global stage, Chairman Chey travelled to Brazil to deliver a closing speech at Rio +20 forum, just right after he joined the UNGC social enterprise session held on June 17.

Lee Man-woo, President of SK Group PR Team, said, “Chairman Chey will do whatever it takes to energize social enterprise and drive in his attempt to address social problems across the world. As was shown at the Global Action Hub with his action plans in detail, SK Group will continue to work on fostering social entrepreneurship across the globe.”

About Chairman Chey Tae-won

Mr. Chey Tae-won is the chairman of SK Group which has leading companies in Korea’s key industries including energy and telecommunications under its wings. He has been dedicated to developing the economy of Korea while addressing social issues with his management philosophy of ‘Spreading Happiness’. Under his leadership, SK Group has grown into one of the most successful and respectable corporations in the country, and was ranked as 82th in the Fortune Global 500 last year. He is also a strong advocate of social entrepreneurship and has established a culture of sharing happiness in SK group.

About SK Group

SK Group has contributed to the growth and advancement of Korea by strengthening the nation’s key industries including energy and telecommunication. Its key affiliates include the largest petrochemical company (SK Innovation) and the largest operator (SK Telecom) by sales in the country. It also acquired SK Hynix, the world’s second largest memory chipmaker, this year. In 2011, SK Group recorded a profit of US$ 5.5 billion with US$ 134.1 billion in revenue. SK has also established and carries out a unique model of social commitment under its motto “Spreading Happiness”. For additional information about SK Group, please visit the company’s website at www.sk.com

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50313337&lang=en

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busi...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. That ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.