Hanwha Life Insurance Launches ESG Management... Declares 'Green Life 2030'
[Asia Economy Reporter Changhwan Lee] Hanwha Life announced on the 8th that it will officially launch ESG (Environmental, Social, and Governance) management by unveiling its '2030 ESG Management Strategy and Roadmap.'
The strategy was approved at the Sustainability Management Committee held on the 3rd. Hwang Young-gi, an outside director, was reappointed as the chairman.
Hanwha Life adopted the slogan 'Green Life 2030,' symbolizing its commitment to a sustainable future through its ESG management implementation plan until 2030.
The three main strategic goals are ▲ more than doubling the proportion of eco-friendly and socially responsible investments ▲ reducing carbon emissions by more than 40% ▲ improving the D·E·I (Diversity, Equity, Inclusion) index.
Hwang Young-gi, appointed as chairman of the Sustainability Management Committee, has served as chairman of Woori Financial Group, KB Financial Group, and the Korea Financial Investment Association.
Along with appointing Hwang Young-gi as chairman, Hanwha Life's Sustainability Management Committee increased diversity last year by appointing Professor Lee In-sil of Sogang University as a female outside director, and this year appointed Professor Kim Se-jik of Seoul National University as an outside director.
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Meanwhile, following last year's declaration of 'Coal Phase-out Finance by Hanwha Financial Affiliates' toward a carbon-zero era, Hanwha Life has been actively engaging in ESG management activities, including establishing a Corporate Governance Charter earlier this year to build a sound and transparent governance structure and lay the foundation for sustainable growth.
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