Environmental
In order to enhance the convenience of stakeholders, Shinhan Financial Group has organized the major sustainability management activities in terms of Environment, Social, and Governance, that is, ESG, at a glance.
ENVIRONMENTAL
Establishment of a green finance system for zero carbon
- Green finance exclusive and guaranteed loans,expansion of infrastructure PF
- Investment in energy and eco-friendly means
- Issuance of green bonds
- Promotion of eco-friendly consumption(Shinhan Card)
- SDG Financing Framework
- Shinhan Bank Credit Assessment ESG Screening Policy
- Financial Opportunities from Climate Change
- Shinhan Asset Management ESG Guidelines(KOR)
- Shinhan Investment ESG Blue Book(Theme)(KOR)
- Shinhan Investment ESG Blue Book(Company)(KOR)
01 Green finance
- Establishment of financed emissionscalculation system
- Calculation of financed emissions, using PCAFand SBTi, and setting of reduction targets
- Climate Risk Management Code of Practice(ENG)
- Shinhan Financial Group SBTi Target (Approved)
02 Management of financed emissions
- Establishment and operation of anenvironmental/social risk management system
- Analysis of climate-related impacts ofthe Group’s asset portfolio
- Adoption of the Equator Principles(Shinhan Bank)
- Development of an ESG evaluation model
- Environmental and Social Risk Management Policy Framework_full text
- Environmental and Social Risk Checklist
- Group Environmental and Social Risk Management Policy Framework
- Financial Risks of Climate Change
- Shinhan Bank Equator Principles Annual Report
- Application and review of Equator Principles
03 Environmental risk system
- Declaration of Zero Carbon Drive- Became the first financial group in
East Asia to announce a zero-carbon initiative - Establishment of the Group’s principles forclimate change response
- Action Principles towards Climate Change
- Shinhan Bank Statement on Exiting Coal Financing
04 Eco-friendly policy
- Development/operation of a green managementsystem
- Acquisition of the ISO 14001 certification(Shinhan Bank, Shinhan Card, Shinhan
Investment, Shinhan Life, Shinhan Capital) - Zero Fuel (Transition to 100% zero-emissionvehicles for work)
- Zero Paper (Execution of 29 documentdigitalization tasks)
- Declaration of ESG building (Shinhan Bank)
- Environmental management standards
- Commitment to Net-Zero
05 Environmental management
- UNEP FI Principles for Responsible Banking andSustainable Insurance
- UNEP FI Global Steering Committee Asia PacificBanking Sector Representative
- Efforts to achieve zero carbon of the Group’sasset portfolio, including by joining SBTi, PCAF
- Joining of NZBA (Shinhan Financial Group),NZIA (Shinhan Life), and NZAMI (Shinhan Asset
Management) - TCFD Report
- Shinhan Financial Group CDP response
- CDP Assurance Statement
- Shinhan Bank Climate Finance Report(KOR)
- UNEP FI PRB
- UNEP FI PSI
06 Environmental leadership
First in Korea’s financial industry
