Hana Financial Group Publishes First-Ever "2024 Sustainability KSSB Report" in the Financial Sector

First Financial Sector KSSB Report for Proactive Response to Mandatory Disclosures and Stakeholder Communication
Comprehensive Analysis by Breaking Down Four Key Elements of Climate-Related Risks and Financial Consumer Protection

Hana Financial Group announced on November 24 that it has published the "2024 Sustainability KSSB Report," becoming the first in the financial sector to proactively respond to mandatory sustainability disclosures.

This report was created to proactively address the introduction of mandatory domestic sustainability disclosures based on the draft released by the Korea Sustainability Standards Board (KSSB), and to communicate with various stakeholders regarding the status of Hana Financial Holdings and its 14 affiliates in managing sustainability-related risks and opportunities.

The Korea Sustainability Standards Board (KSSB), established by the Korea Accounting Standards Board, sets sustainability disclosure standards with the goal of providing transparent information to the market and investors by quantitatively and qualitatively evaluating companies' sustainability management activities.

In this report, Hana Financial Group provides a conceptual explanation of sustainability disclosures and conducts a comprehensive analysis by breaking down climate-related risks and various elements of financial consumer protection into four key disclosure elements: ▲ governance ▲ strategy ▲ risk management ▲ metrics and targets.

Through this, Hana Financial Group is implementing its mid- to long-term ESG goals in alignment with KSSB standards, including its ESG vision "Big Step for Tomorrow," ▲ achieving 60 trillion won in ESG financing by 2030 ▲ reaching net-zero carbon emissions at business sites by 2050 ▲ and achieving zero coal project financing by 2050.

A Hana Financial Group representative stated, "The publication of this report marks the first step in proactively establishing an ESG disclosure system that meets global standards," adding, "We plan to continue actively communicating with various stakeholders and further advancing our ESG management system."

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