Yuhan-Kimberly is supporting young adults preparing for independence in areas experiencing population decline.
On September 4, Yuhan-Kimberly announced that it participated in a memorandum of understanding for the 'On: Youth Project' on September 3 at the Seoul Olympic Parktel in Songpa-gu, Seoul. The company aims to establish a collaborative framework for supporting young adults preparing for independence alongside the Ministry of Health and Welfare, public institutions, and NGOs.
The 'On: Youth Project' is designed to help young adults preparing for independence who reside in areas with declining populations to settle into their communities. A total of seven organizations, including the Ministry of Health and Welfare, public institutions, businesses, and NGOs, are involved in the initiative.
Participating organizations plan to provide essential items for daily living, enhance access to information, build peer networks, and connect with local communities to establish a foundation for the independence of these young adults.
According to the Ministry of Health and Welfare's '2023 Independence Support Survey,' the debt rate among young adults preparing for independence is 33.4%, significantly higher than the 11.9% rate for all young people. The primary causes of debt include living expenses and housing costs.
The survey also found that 10.6% of young adults preparing for independence have experienced social withdrawal, compared to just 1.7% of all young people.
As part of this project, Yuhan-Kimberly will provide 'care boxes' containing essential items for daily living. This initiative aims to alleviate the financial burden during the early stages of independence while also promoting programs that foster consumer experiences and encourage responsible spending habits through collaboration with various companies.
Jeon Yang-sook, head of Yuhan-Kimberly's Sustainable Management Center, stated, "To ensure that young adults preparing for independence can settle healthily in society, the efforts of a single organization are insufficient. I hope this collaborative project will provide practical support for their journey toward independence."
Meanwhile, Yuhan-Kimberly continues its social contribution activities for vulnerable groups based on a three-year memorandum of understanding signed with LH. Last year, the company launched the 'On: Family Campaign' to raise social awareness for children born out of wedlock and their families.
* This article has been translated by AI.
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