Hanwha Investment & Securities Earns 'A Grade' in KCGS ESG Assessment for Fourth Consecutive Year

Hanwha Investment & Securities said on November 11 that it had received an overall A grade for the fourth consecutive year in the ESG assessment conducted by the Korea Institute of Corporate Governance and Sustainability (KCGS).

KCGS evaluates the management systems and performance of domestic listed companies in the areas of ESG (environmental, social and governance) each year and assigns them grades.

The overall A grade is awarded to companies whose capabilities in company-wide sustainability management have been verified through consistently high assessments across all ESG areas.

In this year's assessment, Hanwha Investment & Securities received an A+ in the environmental category, an A+ in the social category and a B+ in the governance category, achieving an overall A grade for the fourth consecutive year.

This year, the company's performance in the environmental category was particularly influential. It analyzed risks and opportunities related to climate change, identified their impact on the company's medium- and long-term business operations and finances, and disclosed detailed response strategies.

The company was also recognized for its efforts to restore ecosystems, including expanding biodiversity conservation activities such as planting endangered species and continuing systematic post-activity monitoring.

Hanwha Investment & Securities improved its internal processes for identifying and preventing human rights and occupational health and safety risks in advance, and also strengthened its efforts to protect financial consumers' rights and interests.

The company said the assessment also reflected its efforts to improve risk oversight and management transparency, including increasing the frequency of reports to the board on internal control reviews.

"Our sincere efforts to put ESG values into practice across all areas of our work have resulted in an A grade for the fourth consecutive year," said Park Byung-gil, head of the ESG Office at Hanwha Investment & Securities. "We will actively respond to investors' changing expectations and practice systematic ESG management as we grow into a global financial institution that fulfills its social responsibilities."

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