Mirae Asset Securities in the DJSI World Index for 10th year

The headquarters of Mirae Asset Group in central Seoul / Courtesy of Mirae Asset Group

By Anna J. Park

Mirae Asset Securities announced that the firm has been selected to be included in the Dow Jones Sustainability World Index (DJSI World) for the tenth consecutive year.

DJSI World is comprised of diverse businesses around the world, which are recognized for their efforts in boosting global sustainability, assessed by long-term economic, environmental and social criteria. The index represents only the top 10 percent of firms out of the largest 2,544 companies by market cap listed in the S&P Global Broad Market Index (BMI).

In the category of financial services, under which Mirae Asset Securities is classified, only 14 companies made the index list this year.

“It is the deepest honor that Mirae Asset Securities' diverse activities in the realm of ESG management, ranging from committing to impact investment to providing sustainable financial loans, have been recognized for a decade by a reliable international financial institution,” an official from Mirae Asset Group's brokerage arm said.

“The company will try to maintain its exemplary reputation in sustainability activities globally, as it clearly accepts its social responsibility and roles required to advance into the sustainable future,” the official added.

The brokerage firm began publishing a report on sustainable management in 2006, as the first company to do so among local securities companies. From 2008, the company has publicly announced its total greenhouse gas emissions. The firm also joined the Carbon Disclosure Project (CDP) ― a non-profit charity that runs a global disclosure system for investors, companies and countries to manage their environmental impacts ― in 2010.

The company declared its support for the Task Force on Climate-related Financial Disclosures (TCFD) and the Science-based Targets initiative (SBTi) to demonstrate the firm's commitment towards a carbon-free vision.

Mirae Asset Securities also strives to increase the fulfillment of the firm's ESG criteria by pursuing detailed related goals through the company's ESG policy.