Korea Social Value and Solidarity Foundation Annual Report
SVS IMPACT 2024
About the Report
The Korea Social Value and Solidarity Foundation (SVS) publishes an annual report each year to provide transparent information on the Foundation’s projects and performance over the past year. The report represents the Foundation’s efforts to establish sustainable ecosystems for social finance and to promote social value creation in Korea. It also includes data of the Foundation’s performance from 2019 to March 2025 to provide a representation of meaningful outcomes in certain chapters.
Reporting Scope
The main focus of this report is the fiscal year of 2024, extending from January 1 to December 31. The facts and claims herein have been reviewed by SVS’s working-level officers and executives.
Information on Investments and Social Value Performance
This report analyzes the performance of the investments that SVS undertook using its fund, both in partnership with other social finance intermediaries, and alone for individual social economy projects, as of the end of 2024. The analysis therefore also concerns the current state and social value performance of the social economy enterprises so supported.
[CONTENTS]
Introduction
Greetings _04
About SVS _06
Key Activities in 2024 _08
SVS’ Social Finance Provision in 2024 _10
Partner Stories _12
Social Finance Ecosystem
➊ Providing Social Finance: An Overview _21
➋ Status of Social Finance Intermediaries _26
➌ Status of Social Economy Enterprises _30
Impact
UN SDGs Impact Framework _35
SVS Impact Goals _37
Changes in the SVS Impact Portfolio _38
Overview of Income and Expenditures _40
SVS History _42