Hana Financial Group Awarded 'Carbon Management Honors Club' by CDP
Achieved the Highest Grade 'Leadership A' in Climate Change Response for the First Time, Joining the Carbon Management Honors Club
[Asia Economy Reporter Kiho Sung] Hana Financial Group announced on the 28th that it received the highest grade, 'Leadership A,' in the Carbon Disclosure Project (CDP) 2020 Climate Change Response category, earning the Carbon Management Honors Club award.
CDP is one of the most trusted global sustainability assessment indices alongside the Dow Jones Sustainability Index (DJSI). It is a global disclosure project that requires major listed companies worldwide to disclose information on key environmental issues such as climate change, forests, and water resources, and conducts analysis and evaluation based on this information.
Since first participating in CDP in 2016, Hana Financial has consistently been included in the Financial Sector Carbon Management Honors. Recognized for excellence in governance, management strategy, carbon emission targets, and performance management systems for climate change response, it was upgraded to the highest grade, 'Leadership A,' in 2020 and received the Carbon Management Honors Club award.
On the 21st, Hana Financial announced its ESG mid- to long-term goals, including '2030&60,' aiming to achieve KRW 60 trillion in ESG financial procurement and support by 2030, and 'Zero&Zero,' targeting carbon neutrality at business sites and zero coal project financing by 2050. Through these, it plans to manage mid- to long-term carbon emission targets.
Additionally, it will systematically manage Scope 3 emissions, which are indirect greenhouse gas emissions, and expand the scope of non-financial information disclosure by reflecting the Task Force on Climate-related Financial Disclosures (TCFD) guidelines, thereby enhancing communication capabilities to provide information that meets the expectations of global investors.
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A representative from Hana Financial Group’s ESG Planning Team stated, “In addition to CDP, we are enhancing our status as a global financial group by being included in the Asia Pacific and Korea indices of the global sustainability management index DJSI,” and added, “We will continue to establish Hana Financial Group’s own sustainable finance system through various efforts that meet global standards.”
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