Woori Financial Group Partners with Seoul Business Agency to Foster ESG Startups

Joint Support for Office Space and Investment Attraction

[Asia Economy Reporter Kim Jin-ho] Woori Financial Group announced on the 10th that it has signed a business agreement with the Seoul Business Agency to support the growth of startups specialized in ESG (Environmental, Social, and Governance) and urban problem-solving.

Through this business agreement, both parties have agreed to actively discover companies specialized in ESG and urban problem-solving. They plan to collaborate on the growth of startups by providing support such as office space, investment attraction, capacity-building programs, and networking.

Woori Financial Group has expanded its startup collaboration program ‘Dino Lab’ into a group joint project and established an integrated center last year in Seongsu-dong, Seongdong-gu, Seoul. ‘Seoul Startup Hub’ is a specialized startup support institution established by the Seoul Metropolitan Government and operated by the Seoul Business Agency.

A representative of Woori Financial Group said, “We feel deeply honored to cooperate with the Seoul Business Agency, which has created social value through long-term support for startups,” and added, “Through this agreement, we expect to create synergy by collaborating with startups in various fields, including ESG.”

Meanwhile, Woori Financial Group continues to generate tangible synergy with startups, including 18 business introductions and direct investments totaling 59.2 billion KRW. In addition, it declared 2021 as the inaugural year of ESG management and is leading the practice of ESG management by fulfilling the environmental and social responsibilities of finance.

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