Hana Financial Group Achieves MSCI ESG Rating of A Grade

[Asia Economy Reporter Kiho Sung] Hana Financial Group announced on the 29th that it received an ‘A grade’ in this year’s ESG (Environmental, Social, and Governance) evaluation conducted by Morgan Stanley Capital International (MSCI).

Hana Financial Group’s achievement of an A grade marks a one-level improvement compared to the previous year. According to the MSCI report, Hana Financial Group was recognized for excellence in ▲establishing the ESG evaluation policy called the ‘Sustainable Finance Framework,’ ▲building an ESG review process for project financing as a member of the ‘Equator Principles,’ and ▲conducting climate change scenario analysis on its loan portfolio, which led to the upgrade in its rating.

MSCI, which holds international authority in ESG evaluation, has been assessing ESG indices of publicly listed companies worldwide annually since 1999. It evaluates 10 themes and 35 key issues across the environmental, social, and governance areas, assigning ratings on a seven-level scale from AAA to CCC based on the evaluation results.

A representative of Hana Financial Group stated, “We are pleased that the efforts of our group employees to strengthen ESG management have been recognized through this MSCI ESG rating upgrade,” and added, “Going forward, Hana Financial Group will continue to practice sincere ESG management activities in various fields and take the lead in global ESG pioneering management.”

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