NH Nonghyup Financial Drives Green Finance Initiatives

NH Nonghyup Financial Group is accelerating its expansion into green finance as a future growth engine, aligning its strategy with the government's green transition policy (K-GX) to capture related market opportunities.

On June 18, the financial sector reported that Lee Chan-woo, Chairman of NH Nonghyup Financial, convened the first ESG (Environmental, Social, Governance) Strategy Council meeting for 2026 the previous day. The meeting focused on assessing business opportunities in climate finance and renewable energy, as well as strategies for implementing transition finance and enhancing operational systems.

During the meeting, NH Nonghyup Financial discussed its goals to lead the transition finance sector, including updates on the transition finance strategy and operational system enhancement project, sharing results from pilot programs, and strategies based on strengths in agriculture, local communities, and mutual growth.

Recently, the government has been promoting a public-private partnership strategy for the Korean-style green transition to meet the '2035 National Greenhouse Gas Reduction Target (NDC)' and foster new decarbonized industries.

In line with government initiatives, NH Nonghyup Financial plans to expand financing for renewable energy infrastructure and actively seek new growth opportunities centered on green and transition finance.

Transition finance supports carbon-intensive industries and companies in securing the necessary funds to shift toward a low-carbon economy. Just three months after announcing its transition finance guidelines on June 16, NH Nonghyup Financial provided 12.2 billion won in transition loans.

Chairman Lee stated, "The green transition across the entire industrial structure is a key task for achieving carbon neutrality and enhancing national competitiveness. We will create new business opportunities in climate finance and the renewable energy market in line with the pace of government policies."