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Hana Financial receives highest DJSI grade for second consecutive year
Hana Financial Group Chairman Ham Young-joo / Yonhap
By Lee Kyung-min
Hana Financial Group made the list of Dow Jones Sustainability Indices (DJSI) World Index for the second consecutive year, Dec. 8 (local time), according to the group, Monday.
The DJSI World Index is the highest grade of the 2023 DJSI released by S&P Global. It comprises global sustainability leaders in the top 10 percent of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria.
This was in recognition of the group’s environmental, social and corporate governance (ESG) efforts, as reaffirmed by the global ratings agency, according to Hana Financial.
Most appreciated were the group's strong risk management, human rights-bolstering corporate management and zero carbon emissions strategies.
Evaluation criteria included materiality leave packages, risk management, corporate ethics, tax strategies, climate change strategies, net-zero strategies and human rights.
The group making the DJSI World Index for the second consecutive year is a meaningful result of the group’s efforts to implement and advance the group motto of “Growing Together and Sharing Happiness.”
“In the future, Hana Financial Group will lead the global ESG efforts for sustainable growth through effective communications with key stakeholders including members of society,” said an official from Hana Financial Group's ESG planning team.
The group discloses ESG management activities in its publication “Sustainable Management Report.”
In addition, the group organizes a variety of activities to advance the ESG financial management system.
Included are establishing a foundation for biodiversity-related risk management, as joined by The Taskforce on Nature-related Financial Disclosures (TNFD) and the Partnership for Biodiversity Accounting Financials Standard (PBAF Standard).
TNFD developed a set of disclosure recommendations and guidance on nature-related dependencies, impacts, risks and opportunities. The PBAF Standard assists in evaluating the effects of financial investments and loans on biodiversity.