SK Innovation (096770.KS) Ulsan Complex (Ulsan CLX) announced Wednesday that it will provide 100 million won in fuel subsidies to local social welfare facilities struggling with high oil prices driven by the prolonged Middle East situation.
The funds will be distributed as fuel gift cards to 103 welfare facilities, including 42 facilities under the Ulsan Association of Daytime Facilities for the Disabled, 18 facilities under the Ulsan Home Care Elderly Welfare Association, and 43 facilities under the Regional Children's Center Association.
Vehicles operated by daytime facilities for the disabled, which transport mobility-impaired individuals between their homes and welfare facilities daily, visit more than 10 locations and travel approximately 100 kilometers per day. Home care elderly welfare facilities that provide visiting care and bathing services to elderly individuals living alone, as well as regional children's centers that safely transport children requiring after-school care, also travel an average of more than 30 kilometers daily to deliver essential welfare services.
Ulsan CLX and the Community Chest of Korea expect this funding to substantially relieve the fuel cost burden facing local welfare facilities and ensure continuity of welfare services.
A representative from a home care elderly welfare facility who attended the ceremony said, "Our job is to visit elderly people living alone every day, but we were worried we might have to reduce the number of visits due to fuel cost burdens. We are truly grateful that you recognized the difficulties in the field and provided fuel subsidies."
Park Jung-won, Head of CLX Management Support at SK Energy, said, "While the whole world is suffering from high oil prices, those suffering the most are our neighbors in blind spots. We will continue to carefully monitor difficulties throughout the local community and take the lead in practicing mutual prosperity to eliminate welfare blind spots."
SK Innovation has been actively building a social safety net created together by the company and its employees during difficult times. The company has previously conducted campaigns including purchasing local agricultural products to help struggling farmers, relay blood donation campaigns to deliver the warmth of life, zero hunger campaigns to support children without meals, and the opening of "Hi Market," an exclusive shopping mall where employees can directly participate.