Mirae Asset Daewoo Recognized for ESG Management Performance, Achieves Highest 'A' Rating Among Securities Firms

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 14th that it received the highest grade of A among securities companies in the ‘2020 ESG Evaluation and Rating Announcement of Listed Companies’ released by the Korea Corporate Governance Service.

ESG stands for Environment, Social, and Governance, encompassing the concept of corporate social responsibility investment and management.

Mirae Asset Daewoo received an ‘A+’ in the S (Social) category, which evaluates social contribution-based community return, win-win management with partner companies, and consumer protection activities, rising one grade compared to last year.

The Korea Corporate Governance Service, an ESG evaluation agency, highly rated the strengthening of fair trade principles through the establishment of an integrity implementation agreement with partner companies in the social indicators, as well as improvements in consumer protection and complaint reception system processes.

So far, Mirae Asset Daewoo has supported the growth of small and venture companies for the co-prosperity of our society by signing memorandums of understanding (MOUs) and providing optimal financial solutions and corporate finance (IB) capabilities.

Additionally, as the first global securities company to issue US dollar-denominated SRI bonds, it has carried out projects such as investment in eco-friendly buildings, support for small businesses, and housing supply projects for socially vulnerable groups.

Moreover, by publishing continuous integrated reports annually to transparently disclose non-financial factors and collaborating with Naver Happybean, Green Trust, and welfare foundations in various local communities to secure channels for collecting opinions from local residents, it recognizes and practices social responsibility, one of its core values.

Choi Hyunman, Senior Vice Chairman of Mirae Asset Daewoo, said, “We are honored that our overall sustainable management activities, including social contribution, governance, human rights, environment, and responsible investment, have been recognized by a credible institution,” and added, “We will continue to strengthen ESG management for continuous corporate value enhancement and social responsibility through various activities in accordance with the group’s policies.”

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