Kiwoom Securities Establishes ESG Committee... "Full-Scale ESG Management"

[Asia Economy Reporter Park Jihwan] Kiwoom Securities announced on the 23rd that it has established an ESG Committee under the board of directors to actively promote ESG (Environmental, Social, and Governance) management.

Through the committee, Kiwoom Securities plans to manage and supervise the establishment and implementation of ESG strategies and action plans. The committee consists of three members: outside directors Choi Seonhwa and Lee Sunwoo, and CEO Lee Hyun. Outside director Choi Seonhwa was appointed as the inaugural chairperson.

Kiwoom Securities is currently engaged in ESG activities related to its core financial role. These include selling ESG funds and related products, participating as lead underwriter in ESG bond issuance, and implementing in-house eco-friendly policies and activities.

As the first step to fully internalize ESG into its management strategy, Kiwoom Securities has designated a dedicated task force and established a consultative body. With the establishment of the ESG Committee, which serves as a decision-making body, a company-wide ESG promotion system is expected to be fully operational.

Building on the establishment of this promotion system, Kiwoom Securities plans to develop a mid- to long-term ESG strategy and implement it in phases within the second half of the year. To effectively practice ESG management, the company will set internal standards to assess the level of ESG management implementation, identify areas for improvement, and continuously enhance its efforts.

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