Korea Citibank Signs Agreement with WWF and Donates 100 Million Won
Citibank Korea signed a sponsorship agreement with WWF (World Wide Fund for Nature) on the 26th at its Jongno headquarters in Seoul for the ‘Climate Action Partnership Program’ and donated 100 million KRW.
Since 2018, Citibank has been running the ‘Change for Tomorrow’ program with WWF to support domestic companies in effectively responding to global challenges such as the climate crisis and biodiversity, and to enhance environmental sustainability.
This program is the first domestic case where companies and non-profit organizations lead social change in the climate sector, sharing the importance of climate action and taking the lead in driving behavioral changes in companies. This year, the program plans to focus on strengthening the capabilities that corporate ESG practitioners need on the ground by sharing methods for calculating greenhouse gas emissions for ESG (Environmental, Social, and Governance) disclosure compliance, industry-specific SBTi (Science Based Targets initiative) sessions, supply chain due diligence methods, responses to major overseas ESG regulations, and providing insights on global policy changes and corporate environmental risks. Through this, companies will be supported to respond more systematically and proactively to climate and environmental issues and to strengthen the foundation for sustainable management.
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Myungsoon Yoo, CEO of Citibank Korea, said, “Citi is proactively responding to global challenges such as the climate crisis and biodiversity crisis by participating in TCFD and TNFD,” adding, “Citibank Korea will fulfill its responsibility as a reliable partner to help corporate clients achieve sustainable growth, and especially strive to create positive changes in the climate and environmental fields.”
Yoom Young-soon, President of Citibank Korea (left), and Park Min-hye, Secretary General of the World Wide Fund for Nature (right), are posing for a commemorative photo. Photo by Citibank Korea
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