Woori Bank Issues 150 Billion Won Korea-Style Green Bonds... Expands Support for Eco-Friendly Projects
Realizing the Vision of Providing 100 Trillion Won in ESG Finance by 2030
Woori Bank announced that it has issued green bonds worth 150 billion won with a three-year maturity, participating in the "2025 Korea-Style Green Bond Issuance Interest Subsidy Support Project" organized by the Ministry of Climate, Energy and Environment and the Korea Environmental Industry & Technology Institute.
The funds raised through this issuance will be allocated exclusively to projects that comply with the Korea Green Taxonomy (K-Taxonomy). These projects must undergo a suitability assessment by institutions designated by the Ministry of Climate, Energy and Environment, and a post-reporting procedure is mandatory to verify the appropriateness and effectiveness of fund execution.
Through the issuance of these bonds, Woori Bank plans to expand support for green finance, including the construction and operation of zero-emission transportation infrastructure and electric energy storage projects. The bank also intends to disclose details of fund allocation and environmental improvement effects on its website within the year.
Meanwhile, Woori Financial Group is taking the lead in eco-friendly management, creating social value, and strengthening transparent management based on its vision to provide 100 trillion won in ESG finance by 2030. As part of this initiative, Woori Bank has issued Korea-style green bonds for the second consecutive year, continuing its leading role in the expansion of green finance.
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A Woori Bank official stated, "The issuance of these green bonds is intended to support the government's green transition policy and expand funding for eco-friendly businesses," adding, "We will continue to promote ESG management through a variety of green economy activities in the future."
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