Announcement by Global Big Data Research Institute

Kim Jung-tae, Chairman of Hana Financial Group

Kim Jung-tae, Chairman of Hana Financial Group

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[Asia Economy Reporter Kiho Sung] In March, among the 10 heads of domestic financial holding companies, Kim Jung-tae, Chairman of Hana Financial Group, was found to have the highest interest in 'ESG (Environmental, Social, and Governance) management.' Son Tae-seung, Chairman of Woori Financial Group, and Cho Yong-byeong, Chairman of Shinhan Financial Group, also showed high levels of interest.


On the 15th, the Global Big Data Research Institute announced that it surveyed the number of postings containing the keyword 'ESG+management' across 220,000 sites on 12 channels targeting the 10 heads of domestic financial holding companies, revealing these results. The institute also stated that when analyzing the heads' names, they searched for the 'financial holding company names' together to accurately measure their mindset.


The heads analyzed, in order of 'information volume,' were ▲Chairman Kim Jung-tae ▲Chairman Son Tae-seung ▲Chairman Cho Yong-byeong ▲Chairman Son Byung-hwan of NH Nonghyup Financial Group ▲Chairman Kim Tae-oh of DGB Financial Group ▲Chairman Yoon Jong-kyu of KB Financial Group ▲Chairman Kim Ji-wan of BNK Financial Group ▲Chairman Kim Ki-hong of JB Financial Group ▲Vice Chairman Kim Yong-beom of Meritz Financial Group ▲Chairman Kim Nam-goo of Korea Investment Financial Group.


The survey results showed that 'Chairman Kim Jung-tae' had the highest interest with 897 cases. Hana Financial Group established a group-level ESG execution system by creating an ESG-related committee within the board of directors and appointing an 'ESG Vice Chairman' on the 25th of last month. Additionally, they elevated 'ESG management' to a major core issue at the board level and established ESG-related committees within the board, such as the 'Sustainable Management Committee' and the 'Consumer Risk Management Committee.'


To increase transparency in the management implementation process, they plan to create a sustainable finance system reflecting the Financial Services Commission's green taxonomy (K-Taxonomy) and global standards, and will pilot this system in Hana Bank's credit screening. For new employees, managers, and executives, they continuously promote the eco-friendly campaign 'Hana Green Step 5,' while practicing various eco-friendly activities in daily life, such as switching electronic devices to power-saving mode, using personal cups, and utilizing stairs and public transportation.


'Kim Jung-tae, Chairman of Hana Financial Group,' Tops ESG Management Interest... 'Son Tae-seung and Cho Yong-byeong, Chairmen,' Also High View original image

'Chairman Son Tae-seung' recorded 659 cases. Woori Financial is preparing to participate in TCFD (Task Force on Climate-related Financial Disclosures) and CDP (Carbon Disclosure Project). In the mid-to-long term, they plan to link the group's strategic direction and risk management with climate change scenario analysis, and at the branch level, they are replacing lighting with high-efficiency LED lights and gradually introducing eco-friendly electric vehicles. Additionally, they conduct an 'energy-saving campaign' year-round for all employees, making company-wide efforts to reduce greenhouse gas emissions.


Chairman Cho Yong-byeong recorded 442 cases. Shinhan Financial Group has set 'Finance for Impact,' meaning the positive influence of finance, as the group's ESG promotion principle, and is realizing ESG management with goals such as ▲strengthening eco-friendly promotion systems through zero carbon drive ▲building a win-win ecosystem for sustainable growth ▲establishing a trust management system. On March 9, they attended the climate finance support declaration ceremony hosted by the Korea Socially Responsible Investment Forum and declared coal phase-out finance.


Chairman Son Byung-hwan recorded 396 cases, Chairman Kim Tae-oh 394 cases, Chairman Yoon Jong-kyu 249 cases, Chairman Kim Ji-wan 94 cases, and Chairman Kim Ki-hong 41 cases.



This survey was based on 12 channels including news, communities, blogs, cafes, YouTube, Twitter, Instagram, Facebook, KakaoStory, Knowledge iN, companies and organizations, and government and public sectors from the 1st to the 31st of last month. A representative of the institute said, "Compared to the survey conducted in December last year, the interest of financial institution heads in ESG management has significantly increased recently."


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

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