NH Investment & Securities Selected for 2024 UN Global Compact Lead Group

NH Investment & Securities announced on the 6th that it has been selected as a lead group member of the United Nations Global Compact (UNGC) Korea Local Network.

Provided by NH Investment & Securities

This recognition reflects NH Investment & Securities' position as a leading company in ESG (Environmental, Social, and Governance) sustainable management and its commitment to advancing the 10 principles of the UNGC and the Sustainable Development Goals (SDGs).

The UNGC recently held the Korea Leaders Summit Forum, reaffirming the four core values it pursues?human rights, labor, environment, and anti-corruption?along with the UN Sustainable Development Goals and ESG leadership. At the event, eight companies including NH Investment & Securities, Yuhan-Kimberly, and Doosan were selected as lead companies. The UNGC is the world's largest voluntary corporate citizenship initiative, with over 25,000 companies and organizations participating across 167 countries, supporting companies in practicing responsible management for sustainable growth. In South Korea, around 380 member companies are active.

NH Investment & Securities actively participates in global greenhouse gas reduction projects and carbon credit acquisition initiatives, developing investment indices related to eco-friendly businesses to diversify ESG investment products. These efforts play a crucial role in addressing climate change and transitioning to a green economy. The company is also distinguished in carbon finance and green investments. Furthermore, it has established an ESG bond management system and became the first securities firm to issue KRW 110 billion worth of won-denominated ESG bonds. It is also contributing to the creation of an ESG investment ecosystem by developing ESG-related indices and issuing Exchange Traded Notes (ETNs). By expanding the scale of ESG bond underwriting and investments, NH Investment & Securities supports projects that create environmental and social value, thereby spreading an ESG investment culture and leading sustainability in the financial industry.

Supporting rural communities is also one of NH Investment & Securities' key ESG activities. As a member of the NongHyup (National Agricultural Cooperative Federation), the company continuously engages in rural labor support and village environmental beautification activities to promote coexistence with rural areas. It also contributes to the economic independence and development of local communities through campaigns such as the breakfast-eating movement. These activities help improve the practical welfare of farmers and local communities and enhance social value.

Im Cheol-soon, Head of the ESG Division at NH Investment & Securities, stated, "Being selected for the sustainable management lead group is a meaningful achievement that demonstrates NH Investment & Securities’ leading role in strengthening ESG management and practicing the principles of the UNGC." He added, "We will continue to take the lead in climate change response and socially responsible finance, and plan to propose solutions for a sustainable future."

NH Investment & Securities plans to further strengthen sustainable management aligned with global ESG standards and lead the establishment of a sustainable financial ecosystem through collaboration with diverse stakeholders.

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