Woori Bank Receives Prime Minister's Commendation at 2020 Korea Green Management Awards

Kwon Kwang-seok, President of Woori Bank

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 26th that it received the Prime Minister's Commendation at the '2020 Korea Green Management Awards' ceremony held at the Novotel Ambassador Hotel in Jung-gu, Seoul.

The Green Management Awards are government awards jointly hosted by the Ministry of Trade, Industry and Energy and the Ministry of Environment to promote the spread of green management. Since 2006, these awards have been given annually to companies, organizations, and individuals who have contributed to the promotion of green management and the environmental industry.

As part of its Environmental, Social, and Governance (ESG) management, Woori Bank is gradually expanding efforts to reduce greenhouse gas emissions by improving energy efficiency and introducing electric vehicles and charging facilities. Since last year, all employees across the group have actively participated in and practiced the eco-friendly social contribution campaign, 'We Protect the Earth.' Additionally, the bank is actively participating in the government's Green New Deal policy through comprehensive financial support for sustainable bond issuance and renewable energy projects.

A Woori Bank official stated, “With the recent spread of the novel coronavirus disease (COVID-19) and the increase in natural disasters, harmonious coexistence between nature and humans has become more urgent.” He added, “Going forward, Woori Bank will continue to play a greater role not only in responding to the government's Green New Deal policy but also in achieving sustainable growth.”

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