SK Securities Joins ‘CTCN’ Under the UN Framework Convention on Climate Change

First Domestic Financial Institution to Join as Member Organization
Cooperation in Developing Country Support Projects Led by CTCN

[Asia Economy Reporter Eunmo Koo] SK Securities announced on the 16th that it joined the Climate Technology Center & Network (CTCN) under the United Nations Framework Convention on Climate Change (UNFCCC) as a member institution on the 15th.

CTCN is an international organization established in 2013 under the UNFCCC that implements climate change response and low-carbon technology support projects needed by developing countries.

SK Securities was recognized for actively carrying out domestic and international ESG projects such as renewable energy businesses, entry into the Bangladesh carbon credit market, World Wide Fund for Nature, UNGC (UN Global Compact), SBTi (Science Based Target initiative) led by the Carbon Disclosure Project, and green bond issuance, and was approved as the first specialized institution among domestic financial institutions. Approximately 550 institutions and companies worldwide are members.

An SK Securities official stated, “Demand for greenhouse gas reduction and technology support for developing countries is expected to surge after the new climate regime (POST2020), and through this membership, we plan to make efforts to enter new overseas businesses and respond to climate change.”

This content was produced with the assistance of AI translation services.