Shinhan Financial Investment Issues ESG Bonds Worth 100 Billion KRW

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 6th that it has issued ESG bonds worth 100 billion KRW.

The ESG bonds are won-denominated bonds with a maturity of 3 years and an interest rate of 1.5%, and the funds will be used for investment in green projects and social value creation sectors. Shinhan Financial Investment received pre-certification of the ESG bond management system from an external accounting firm for the issuance of ESG bonds.

Shinhan Financial Group has set its ESG framework in three directions: ‘Eco-friendly’, ‘Co-prosperity’, and ‘Trust’, actively practicing various ESG and social contribution activities to fulfill its corporate social responsibility. In line with this, Shinhan Financial Investment is expanding financial advisory and investment in eco-friendly renewable energy such as solar and wind power both domestically and internationally, and is increasing investments in innovative companies in connection with Shinhan Financial Group’s ‘N.E.O Project’.

Additionally, since obtaining the environmental management system certification (ISO14001) in 2019, the company has been making continuous efforts such as gradually replacing company vehicles with electric cars and installing electric vehicle charging stations, actively working to reduce carbon dioxide emissions. These efforts are part of practicing Shinhan Financial Group’s ‘Zero Carbon Drive’ policy, and the company is conducting multifaceted ESG management for sustainable management.

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