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 Your Location | English Site  About CUP Corporate Social Responsibility |
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| Corporate Social Responsibility |
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Keeping in line with the rapid growth of Chinese economy, CUP creates a way for the development of bankcard organizations with Chinese characteristics through courageous engagement in practice and innovation since its establishment. CUP’s growth would never be realized without the great supports from all social sectors, and as a return, it persists in devotion to and cares for the society and consistently shoulders its social responsibilities through making full use of the industry advantages and actively organizing and participating in public service activities. As a responsible corporate citizen, it has donated more than RMB 10 million to the society.
CUP Encouragement Scholarship Fund: in cooperation with China Charity Federation since 2007, CUP has set up a CUP Encouragement Scholarship Fund with a total input of RMB 6 million to help more than 200 poor students to realize their college dreams.
Wenchuan Earthquake
On May 12, 2008, an earthquake measured 8.0 on the Richter scale hit Wenchuan, Sichuan Province in China, and the tremors were felt in many provinces and municipalities across the country. CUP immediately donated RMB 4.38 million to the Chinese Red Cross Foundation for earthquake relief.
Fighting Against the Relentless Snow Disaster, CUP Makes Heartwarming Efforts:
In the beginning of 2008 Chinese witnessed a great snow disaster in southern China and also the great efforts made by CUP to alleviate the losses and pains with donation of RMB 1 million to the disaster-hit areas through Chinese Red Cross Foundation.
CUP Hope Primary School:
In 2005, CUP donated RMB500,000 to establish a Hope primary school for the local children in Longkou of Xingguo County, Jiangxi Province.
Fighting Against SARS:
In the fight against SARS in 2003, the newly-built CUP donated RMB 2 million through Red Cross Society of China and then donated RMB900, 000 to the Anti-SARS Special Aids. In the same year, CUP was awarded Charity Medal of Red Cross Society of China.
Chinese Foundation for Prevention of STD and AIDS:
In 2004, as a response to the “121 Unified Operation Plan” calling for fighting against AIDS made by 22 academicians of CAS, CUP donated RMB200, 000 to Chinese Foundation for Prevention of STD and AIDS to support the AIDS prevention in China and help those orphans living in poor conditions who were bereft of parents by AIDS. In June of the same year, CUP was awarded Humanity Caring Award by Wang Longde, Vice Minister of Ministry of Public Health.
Indian Ocean Tsunami:
In the the beginning of 2005, a tsunami calamity hit Southeast Asia and made thousands of people homeless, CUP raised RMB245, 000 donations from its staff and workers.
Featuring Services for Peasant Workers:
At the end of 2005, CUP took an active response and participated in the launch of Bankcard Featuring Service for Peasant Workers that was initiated by the PBC aiming at solving peasant workers’ problems of carrying cash back home. By fully extending its advantages in cross-bank network, CUP combined and connected over 32,000 Rural Credit Cooperatives that were spreading across 15 provinces, autonomous regions and municipalities directly under the central government to provide a secure financial remittance service for the migratory workers. Millions of peasant workers who have been constructing the modernized cities have realized their wish of “depositing at working place and drawing at home” through the service. The inconvenience of carrying cash back home has been relieved. In 2007, the withdrawal volume under this system exceeded RMB 2.08 billion.
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