Hana Financial Group Supports UN Women’s Empowerment Principles... Joins Net-Zero Banking Alliance

Declaration Supporting UN Women’s Empowerment Principles (WEPs) for Fostering Female Talent and Promoting Women’s Rights
Strengthening Climate Risk Management by Joining Global Environmental Initiative Net-Zero Banking Alliance (NZBA)
Leading Global ESG Management through Enhanced Participation in Global Initiatives

[Asia Economy Reporter Song Hwajeong] Hana Financial Group announced on the 16th that it has declared support for the United Nations Women’s Empowerment Principles (WEPs) and joined the Net-Zero Banking Alliance (NZBA), a coalition of global financial institutions under the UN promoting carbon neutrality, to lead global ESG (Environmental, Social, and Governance) management.

The WEPs, which Hana Financial Group declared support for this time, is an initiative jointly launched by UN Women and the United Nations Global Compact (UNGC) to empower women. Hana Financial Group plans to further strengthen group-level ESG management by expanding tailored education for developing female talent and promoting a culture of gender equality through the active appointment of women.

Additionally, to enhance climate risk management and participate in the global trend toward carbon neutrality, Hana Financial Group joined the Net-Zero Banking Alliance (NZBA), a leadership group of global banks aiming to achieve carbon neutrality by 2050. Starting this year, the group will readjust carbon emission targets for each business site based on the Science Based Targets initiative (SBTi) standards and disclose carbon emission targets for its asset portfolio.

A representative from Hana Financial Group’s ESG Planning Team stated, "Along with the declaration of support for WEPs, we will make greater efforts to institutionally support the establishment of a corporate culture that fosters genuine gender equality and expand women’s empowerment programs." They added, "Through joining NZBA, we will continue efforts to achieve a Net-Zero economy, including publishing the 'Task Force on Climate-related Financial Disclosures (TCFD) Implementation Report' in the first half of this year."

Hana Financial Group operates various educational programs to expand the development of female talent and has been recognized for institutional efforts and active practices to improve women’s welfare, leading to its inclusion in Bloomberg’s Gender-Equality Index (BGEI) in January. Furthermore, in April, the group established the '2050 Carbon Neutrality Achievement Roadmap' and joined the Partnership for Carbon Accounting Financials (PCAF), a global environmental initiative, thereby strengthening practical implementation and leading global ESG management.

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