Shinhan Financial Group Publishes 'Social Responsibility Report'... "Creating Social Added Value of 142 Billion Won"

On the 29th, Shinhan Financial Hope Foundation published the '2020 Shinhan Financial Hope Foundation Social Responsibility Report.'

[Asia Economy Reporter Song Seung-seop] Shinhan Financial Hope Foundation published the '2020 Shinhan Financial Hope Foundation Social Responsibility Report' on the 29th.

Since 2017, Shinhan Financial has been conducting a project worth 270 billion KRW for systematic social contribution activities. The report contains the three-year achievements of the group's social contribution program, the 'Hope Society Project.'

In this report, Shinhan Financial measured and disclosed the effects of social contribution projects in monetary value. This utilized the 'Shinhan Social Value Measurement Model,' developed in collaboration with Yonsei University, marking the first time a domestic financial company has done so.

According to the report, Shinhan Financial invested approximately 46.5 billion KRW in 24 completed social contribution programs, generating a social added value of 142 billion KRW, which is 305.1% of the investment.

The results measured by this model were also reflected in the group's ESG (Environmental, Social, and Governance) strategy and business planning. Based on this, the group has been conducting the 'Hope Society Project Hope. Together. SFG' since this year.

Cho Yong-byeong, Chairman of the Shinhan Financial Hope Foundation, expressed gratitude to those involved for helping realize sustainable development through the 'Hope Society Project,' and emphasized, "We will continue to strive to deliver more hope."

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