NongHyup Financial Group Expands ESG Management into Global Business

2021 Global CSR (Corporate Social Responsibility) Implementation Plan Establishment

[Asia Economy Reporter Kiho Sung] NongHyup Financial Group is expanding its ESG (Environmental, Social, and Governance) vision to overseas businesses.

On the 29th, NongHyup Financial announced that it has established the '2021 Global CSR (Corporate Social Responsibility) Promotion Plan.'

In February, NongHyup Financial declared its ESG vision and prepared a group-level 'ESG Promotion Plan' to enhance social value and practice green finance, accelerating ESG management. This will be expanded to global operations. Accordingly, starting this year, overseas branch CSR activities will be integrated and promoted at the group level in line with NongHyup Financial's ESG management.

Consequently, CSR activities previously conducted only by NH NongHyup Bank will be extended to NH Investment & Securities' overseas branches. In Vietnam, where banking and securities sectors have simultaneously entered, joint CSR activities will be carried out.

In Cambodia, regular agricultural education will be provided to residents in farming areas. Overseas branches in the United States, China, and Indonesia will also identify items suited to NongHyup Financial's characteristics to expand contact with local communities and strengthen constructive relationships.

Through the '2021 Global CSR Promotion Plan,' NongHyup Financial aims to strengthen social responsibility in its operating regions and expand global ESG management that considers the environment alongside future global business growth.

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