Corporate social responsibility at Hyundai

Hyundai was founded by Chung Ju-yung and is a South Korean company. Its Corporate Social Responsibility (CSR) covers three areas: "trust-based management, environmental management, and social contribution."
Philosophy
Hyundai's CSR philosophy can be captured by the company slogan “moving the world together”-suggesting that it is the companies duty to make a better world in close cooperation with all people and groups (which also includes stakeholders, employees, customers, shareholders, suppliers and local communities).
Vision
The company's vision can be explained in a three-phase series.
* The adopting stage which stretches fom 2001 to 2004: During this time it issued sustainability reports, initiated social contribution programs and environmental projects in each region of the business.
* The maturing stage from 2005 to 2008 focused on establishing and improving the organisational system for CSR, categorizing CSR projects and programs and leading global CSR programs.
* The third stage of their vision began in 2009. Their vision is to deepen and expand the global CSR projects and solidify corporate reputation.
Hyundai Foundation's Initiatives In Tamil Nadu
Go Green
Hyundai Motors' India Foundation started the project "Go Green" village adoption. The aim of this project was to promote environmental friendly products and increase the forest cover in Tamil Nadu. Koran Happy Move, a volunteers organisation, had 120 volunteers joining HMIF's (Hyundai Motors India Foundation)activities. HMIF is working on improving the living and hygiene conditions in many villages. Besides this a number of schools have already been adopted for improvement.
HMIF donated around 450 benches to government schools, sunk 10 bore wells to provide water and invested more than 20 crore in many CSR programmes.

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