NongHyup Financial Group Delivers Fund for Livestock Environment Improvement Project

NongHyup Financial held a "Fund Delivery Ceremony for Livestock Environment Improvement Project" on the 5th at the NongHyup Headquarters in Seodaemun-gu, Seoul, and delivered 100 million KRW raised through the NH-Amundi Green Korea Fund to the "Nanum Livestock Movement Headquarters." Son Byunghwan, Chairman of NH NongHyup Financial Group (left), and Kim Taehwan, CEO of NongHyup Livestock Economy (right), are taking a commemorative photo after the ceremony. Photo by XXX

[Asia Economy Reporter Kiho Sung] NH Nonghyup Financial Group announced on the 6th that it has donated 100 million KRW raised through the NH-Amundi Green Korea Fund to the ‘Nanum Livestock Movement Headquarters’.

The ‘Fund Delivery Ceremony for Livestock Environment Improvement Project,’ held the previous day at the Seoul Nonghyup Headquarters with attendees including Son Byunghwan, Chairman of Nonghyup Financial Group, Kim Taehwan, CEO of Nonghyup Livestock Economy, and Park Hakju, CEO of NH-Amundi Asset Management, was conducted as part of the business agreement signed last August between Nonghyup Financial Group and Nonghyup Economic Holdings to achieve ‘carbon neutrality in the agriculture and livestock sectors.’

Nonghyup Financial and Nonghyup Economic have established various cooperation plans to participate in the government’s 2050 carbon neutrality goal and reduce carbon emissions in the agriculture and livestock sectors. Livestock Economy is implementing resource recycling and renewable energy conversion of livestock manure, while Nonghyup Financial is carrying out a promotion plan to contribute to achieving carbon neutrality in agriculture and livestock through ESG financial products and agricultural impact investment support.

The donated fund will be used for the ‘Clean Livestock Environment Improvement Project’ promoted by the Nanum Livestock Movement Headquarters.

Chairman Son Byunghwan emphasized that “support for the sustainable development and carbon neutrality of the agriculture and livestock sectors is the fundamental role of Nonghyup Financial,” and added, “We will continue to expand financial support through ongoing cooperation with Economic Holdings.”

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