NH Nonghyup Bank has been awarded a commendation from the Minister of Climate, Energy and Environment for its contributions to expanding renewable energy use and practicing carbon neutrality.
On October 23, the bank received the 'Award for Contributions to the Development of the Renewable Energy Industry' during the '2026 Renewable Energy Day' ceremony hosted by the Ministry of Climate, Energy and Environment and organized by the Korea Energy Agency.
Since joining the Korean version of RE100 (K-RE100) in 2021, NH Nonghyup Bank has committed to converting 5% of its annual electricity consumption to renewable energy as part of its carbon neutrality efforts.
The bank has also signed the largest direct power purchase agreement (PPA) in the banking sector and has pursued the purchase of renewable energy certificates (RECs) and the establishment of self-consumption solar power facilities.
Kang Tae-young, President of NH Nonghyup Bank, stated, "We will continue to expand financial support for the revitalization of the renewable energy ecosystem and fulfill our responsibilities as a leading green finance bank."
* This article has been translated by AI.
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