Hana Financial Group Achieves A Grade in Carbon Disclosure Climate Change Response Sector

Achieved Highest Leadership A Rating in 2020 CDP Climate Change Response Sector for the First Time
First Participated in CDP in 2016... Included in Financial Sector 'Carbon Management Sector Honors'

[Asia Economy Reporter Kangwook Cho] Hana Financial Group announced on the 22nd that it was selected for the highest grade, A, in the 2020 CDP Climate Change Response category announced by the Carbon Disclosure Project (CDP), a global carbon management information disclosure organization.

CDP is the world's most trusted global sustainability evaluation index selected by Rate & Rates, which evaluates sustainability assessment organizations such as the Dow Jones Sustainability Index (DJSI). It conducts annual evaluations of the strategies, activities, and disclosure levels of related information in three categories: climate change response, water resources, and forest resources, targeting companies recommended by global financial investment institutions.

This year, among more than 9,600 companies worldwide participating in the CDP evaluation, 270 companies, the top 3%, were included in the A-list for climate change response. A total of nine domestic companies were selected.

Since Hana Financial Group first participated in CDP in 2016, it has consistently been included in the 'Carbon Management Sector Honors' in the financial sector, and this year, for the first time, it received the highest grade, A, recognizing the excellence of its governance, risk management, management strategy, carbon emission targets, and performance management system for climate change response.

In addition to CDP, Hana Financial Group has entered the global standard in the sustainability sector, being included in the Asia-Pacific and Korea indices in the 2020 DJSI evaluation.

A representative from the Social Value Team of Hana Financial Group said, "Next year, we plan to reset and manage mid- to long-term carbon emission targets reflecting the Carbon Neutral 2050 policy," adding, "We will systematically manage indirect greenhouse gas emissions and expand the disclosure of non-financial information by reflecting the TCFD (Task Force on Climate-related Financial Disclosures) guidelines, providing information that meets the expectations of global investors, and strengthening communication capabilities with various stakeholders."

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