Daesang Invests Sixth Stake in Standard Business for People with Disabilities

Food conglomerate Daesang announced its sixth equity investment in OLMO, a specialized business supporting artists with developmental disabilities. This latest move, detailed on the 24th, underscores Daesang's commitment to creating sustainable, mutually beneficial growth. OLMO operates as a social enterprise, providing employment and support for creators with developmental disabilities, particularly in the arts. Currently, OLMO supports over 390 artists across eight locations nationwide, producing approximately 1,700 artworks. Daesang's investment extends to six of these sites, including the newly opened Pyeongtaek location. This initiative helps Daesang meet its legal obligations for employing individuals with disabilities, as the government plans to increase the mandatory employment ratio for private companies to 3.3% starting next year. Daesang is considering additional direct hiring or linked employment methods to further expand job opportunities for people with disabilities.

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We will continue sustainable mutual growth.