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
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
We’ve been doing it for years, decades for some. How many websites have you created accounts on? Your bank, your credit card companies, social media sites, hotels and travel sites, online shopping sites, and that’s just the start. We do it often without even thinking about it, quickly entering our personal information, our data, in a plethora of systems. Sometimes we’re not even aware of the information we are providing. It could be very personal information (think of the security questions you ...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...