NH Nonghyup Bank Obtains ISO 14001 Environmental Management International Standard Certification

Accelerating Investment Support for Green Finance Including New and Renewable Energy

On December 31st, at the NongHyup Bank headquarters located in Jung-gu, Seoul, Ji Junseop, Vice President of the Agriculture and Green Finance Division at NH NongHyup Bank (left), and Lee Gwonsang, CEO of Royalcert Korea (right), held a ceremony for the presentation of the ISO 14001 certificate and took a commemorative photo.

[Asia Economy Reporter Park Sun-mi] NH Nonghyup Bank announced on the 3rd that it has obtained the ISO 14001 Environmental Management System international standard certification, established by the International Organization for Standardization (ISO).

ISO 14001 is an international standard that certifies whether a company adopts environmental management as its main business policy and systematically manages and improves it. Taking this certification acquisition as an opportunity, Nonghyup Bank plans to further expand investment and support for green finance such as new and renewable energy and smart farms, and lay the foundation as a leading ESG (Environmental, Social, and Governance) bank.

To participate in the Korean-style ‘RE100’ (Renewable Energy 100%) to be introduced in 2021, the bank will sequentially introduce a green premium tariff plan, actively use green energy by installing solar panels on bank-owned buildings, install high-efficiency LEDs in branches, and continuously promote paperless branches through electronic counters.

By 2024, the bank plans to completely replace its business vehicles with low-carbon eco-friendly vehicles such as hybrids and electric cars, and make company-wide efforts to reduce national greenhouse gas emissions by installing electric charging facilities in bank-owned parking lots to expand the supply of electric vehicles.

Ji Jun-seop, Vice President of the Agriculture and Green Finance Division, said, “Like the lyrics of a certain song, we will fulfill our social responsibility and strive to create an environment where our children can look up at the night sky and see stars shining brightly with their own eyes. We will work to become a trusted bank and build a 100-year Nonghyup together with the people.”

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