Social Contribution

1% Happiness Sharing Fund

About 1% Happiness Sharing Fund

As part of their commitment to creating social value, employees of SK Innovation and its affiliates donate 1% of their base salary, which the company matches through a Matching Grant to create the "1% Happiness Sharing Fund." The fund supports shared growth with partners as well as a wide range of national and local community initiatives.
By 2024, employee contributions totaled KRW 22.6 billion, and with the company's matching grant, the fund reached approximately KRW 43.7 billion. SK Innovation and its affiliates will continue to take the lead in addressing local community challenges through the 1% Happiness Sharing Fund.

1% Happiness Sharing Fund Sponsorship Projects

Headquarters Ulsan Incheon
  • Medical support for children with leukemia and childhood cancer
  • Support for the Production and Repair of Prosthetics
  • Support Program for Children Preparing for Independence and Children Caring for Family Members
  • Support for Opening Libraries in Local Children’s Centers
  • Companionship program for seniors living alone
  • Wish-fulfillment program for children with incurable diseases
  • Mangrove forest restoration project
  • Support for Children with Incurable Diseases and Pediatric Cancer
  • Emergency aid for low-income households with disabilities
  • upport for children and youth who are victims of abuse
  • Warm Contact  program
  • Support for future talents from low-income families
  • Mangrove forest restoration project
  • Safety Net Program
  • Support for child centers and welfare facilities
  • Home repair program for seniors living alone and low-income families
  • Mangrove forest restoration project
  • Miracle of 119 won project (support for fire and accident victims in Incheon)
  • Medical support for low-income seniors

1% Happiness Sharing Size (Donations)

Annual donation to the 1% Happiness Sharing Fund (Unit: KRW 100 million)

  • Program Launch Year: 2017
  • Annual Fund Size: Employee donations + Company Matching Grant
Category 2020 2021 2022 2023 2024
Donations 57.6​ 60.7​ 66.1 72 73.5
Cumulative amount 164.9​​ 225.6​ 291.7 363.7​ 437.2​