NH NongHyup Financial Group said on the 24th it has immediately introduced a groupwide five-day vehicle rotation system as the government raised its resource security alert due to the prolonged war in the Middle East.
With uncertainty growing over energy supplies as Middle East conditions deteriorate, the government raised the resource security alert for crude oil to the “caution” level as of 3 p.m. on the 18th. Starting at midnight on the 25th, the public sector will begin a five-day passenger-car rotation system that restricts driving by day of the week based on the last digit of a vehicle’s license plate number.
NongHyup Financial said it will apply the policy from the 24th to all affiliates, including the financial holding company, in line with the government’s energy-saving measures for public institutions. The rule covers both corporate vehicles and employees’ commuting vehicles. Exemptions apply to electric and hydrogen vehicles and to cases where travel is difficult, including people with disabilities, pregnant women and vehicles carrying infants.
The group said it is also stepping up energy-saving and carbon-reduction efforts by turning off lights in office areas, shutting down unused electronic devices and encouraging stair use.
Chairman Lee Chan-woo said the group has maintained an emergency response system for financial markets since the outbreak of the Middle East war. “All employees will join in saving energy and take the lead in overcoming this national crisis,” he said.
* This article has been translated by AI.
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