Hana Financial Group Publishes 2019 Sustainability Management Report... Achievements in Digital, Global, and Risk Management

Kim Jung-tae, Chairman of Hana Financial Group

[Asia Economy Reporter Minyoung Kim] Hana Financial Group announced that it has published the '2019 Sustainability Management Report,' which contains the group's sustainability management strategy implementation over the past year and its economic, social, and environmental management performance.

This 13th edition of the report was published to communicate the group's commitment to enhancing the value for all stakeholders, including customers, shareholders, employees, and the social community, through redefining the value system and restructuring business and processes, the company explained.

In the report, Hana Financial set three themes as its mid- to long-term social value finance strategy to achieve its 2025 strategic goals: ▲Leading Future Finance ▲Trusted Corporation ▲Co-prosperous Finance. These were linked to the United Nations (UN) Sustainable Development Goals to select six key issues.

The six key issues are ▲Customer Happiness Finance ▲Finance Opening the Future ▲Hana People Growing as Financial Leaders ▲Hana People Practicing Ethics ▲Finance Growing Together ▲Hana People Sharing Happiness. These priorities were derived through materiality assessments including surveys of internal and external stakeholders, media analysis, and benchmarking.

Additionally, the report introduced Hana Financial's direction for sustainability management and the Social Value Management Committee as an organizational body for long-term social value creation, as well as the Social Contribution Committee as an external advisory body. It also covered support for the UN Principles for Responsible Banking, the group's response to climate change, and sustainable bonds.

Furthermore, the report disclosed Hana Financial's activities, achievements, and future plans in three areas (DGR) that are global trends in the financial industry: ▲Digital ▲Global ▲Risk Management.

In the digital sector, various quantitative achievements through mobile platforms were presented; in the global sector, global activities such as investment in BIDV, Vietnam's largest state-owned commercial bank by asset size, were introduced; and in the risk sector, emerging risks such as climate change, digital finance, and demographic changes were identified along with corresponding response activities.

Jung-tae Kim, Chairman of Hana Financial Group, stated in his CEO message, “Based on humanity, Hana Financial will create social value that coexists with the community alongside pursuing the ultimate corporate goal of profit through sincere communication with all stakeholders and sustainable strategies. We will do our best to practice finance where everyone grows together and shares happiness.”

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