Shinhan Bank Establishes 'ESG Consulting' Team to Reduce Carbon Emissions
From Diagnosis to Implementation Based on the Expertise of ESG Professionals
[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 13th that it has established an 'ESG Consulting Cell' to reduce carbon emissions by improving the ESG (Environmental, Social, and Governance) management activities of its corporate clients.
The ESG Consulting Cell is composed of professionals with experience as ESG strategy consultants and employees who can propose financial services linked to ESG. It provides consulting to small and medium-sized enterprises and mid-sized companies that require ESG management consulting through a process of ▲encouraging participation through client proposals ▲diagnosis and evaluation through basic consulting ▲establishing and supporting the implementation of ESG management strategies through advanced consulting.
Shinhan Bank plans to link practical financial services such as low-carbon transition financial products to corporate clients who have undergone ESG consulting to reduce carbon emissions. Through this, the bank intends to continue efforts to achieve the '2050 Net-zero' goal of zero carbon emissions by 2050 together with its corporate clients.
In particular, Shin Ok-dong, President of Shinhan Bank, stated at the 'Executive Headquarters Workshop,' "It is time to expand ESG consulting functions for small and medium-sized enterprises and mid-sized companies and devote efforts to spreading a culture of carbon neutrality through eco-friendly finance," emphasizing the need to systematically spread the positive influence of finance further through structured ESG management strategies and practical daily actions.
Hot Picks Today
Taking Annual Leave and Adding "Strike" to Profiles, "It Feels Like Samsung Has Collapsed"... Unsettled Internal Atmosphere
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "One Comment Could Lead to a Report": 86% of Elementary Teachers Feel Anxious; Half Consider Resignation or Career Change
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
- On Teacher's Day, a Student's Gifted Cake Had to Be Cut into 32 Pieces... Why?
A Shinhan Bank official said, "We believe it is time for all of us to act in the face of the rapidly approaching climate crisis," adding, "Now that ESG management is no longer a choice but a necessity, we hope the ESG Consulting Cell will be helpful to corporate clients in need of ESG consulting."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
