Mirae Asset Securities Publishes '2021 Integrated Report' Emphasizing ESG Management

Expressing Commitment to Pioneering a Sustainable Future through Finance

[Asia Economy Reporter Song Hwajeong] Mirae Asset Securities announced on the 22nd that it has published the 2021 Integrated Report, which includes the implementation status of ESG (Environmental, Social, and Governance) management and the financial performance of 2020.

Mirae Asset Securities was the first in the domestic securities industry to publish a sustainability management report in 2006, and in the same year, it joined the United Nations Global Compact (UNGC), which promotes corporate social responsibility, to comply with global standards for sustainability management. Since 2018, it has been publishing an Integrated Report that combines the Annual Report containing financial performance and the Sustainability Report.

The 2021 Integrated Report includes the achievements over the past year related to global business growth, differentiated risk management, exploration of new business opportunities, digital transformation, and strengthening ESG management, based on Mirae Asset Securities' core management strategy 'G.R.O.W.T.H. (Globalization, Risk Management, Opportunity, Wealth Management, Technology, High Quality)'.

Additionally, this report contains information on the four-stage ESG governance operation to strengthen company-wide execution of ESG management, mid- to long-term ESG strategic directions, and the three core areas. In particular, Mirae Asset Securities plans to thoroughly manage non-financial risks for all investments based on the 'Environmental and Social Policy Declaration,' which was established to continuously pursue management based on principles of responsibility, transparency, and ethics, and to strengthen the prior identification of environmental and social risks alongside financial risks.

Mirae Asset Securities plans to actively participate in solving global warming by faithfully providing investment and financial advisory services for the successful transition to carbon neutrality by 2050. As part of this, it has declared support for the global initiative Task Force on Climate-related Financial Disclosures (TCFD) and decided to participate in the Science Based Targets initiative (SBTi), which sets goals and guidelines in line with TCFD recommendations. Following the industry's first issuance of a Sustainability Bond in 2019, Mirae Asset Securities plans to continue investments targeting eco-friendly projects, small and medium enterprises, and socially vulnerable groups through ESG-purpose fundraising. As a social activity plan, it will continue organic collaboration centered on the Mirae Asset Park Hyun-joo Foundation and carry out social contribution activities that can grow together with local communities, while faithfully fulfilling social responsibility by providing inclusive finance and services to financially vulnerable groups.

Based on strict risk management and a diversified revenue structure, Mirae Asset Securities recorded its highest-ever performance in 2020 by surpassing 1 trillion KRW in pre-tax profit for the first time in the domestic securities industry. In particular, driven by the determination to export finance, it led the Korean financial wave by surpassing 200 billion KRW in pre-tax net profit from overseas subsidiaries through steady overseas localization strategies. In the first half of 2021, it achieved numerous 'industry firsts,' including reaching 400.5 trillion KRW in customer deposits through a balanced portfolio based on high-quality assets, surpassing 20 trillion KRW in pension assets, and exceeding 20 trillion KRW in overseas stock assets.

A representative of Mirae Asset Securities stated, “Mirae Asset Group plans to pioneer a sustainable future through finance and play a leading role in the development of a healthy social environment.”

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