NH Nonghyup Bank, Republic of Korea CSR·ESG Management Award Deputy Prime Minister Prize

[Asia Economy Reporter Eunju Lee]

NH Nonghyup Bank announced on the 1st that it received the Deputy Prime Minister and Minister of Education Award at the '17th Korea CSR/ESG Management Awards' held at the National Assembly Main Building on August 31.

The 'Korea CSR/ESG Management Awards' is hosted and organized by the Korea Service Industry Promotion Agency and the Korea CSR/ESG Management Awards Organizing Committee. It was established to reward companies that have contributed to the spread of ESG management and to promote an ESG management culture.

NH Nonghyup Bank was recognized for its achievements in each of the E, S, and G sectors. In the E sector, it was acknowledged for implementing global initiatives at the level of advanced financial institutions, signing business agreements for carbon neutrality with the Ministry of Environment and the Korea Forest Service, and participating in government eco-friendly policies.

In the S sector, the evaluation reflected the 52 trillion KRW financial support for social responsibility, being the top social contribution bank for seven consecutive years since 2011, and receiving the highest grade for three consecutive years in the regional reinvestment evaluation hosted by the Financial Services Commission.

Furthermore, in the G sector, the company’s selection was strengthened by receiving an A grade in the 2021 governance evaluation conducted by the Korea Corporate Governance Service, establishing an ESG governance system through the operation of an internal ESG promotion committee, and strengthening the financial consumer rights protection system.

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