Woori Bank supported 10.6 trillion won (approximately $8.5 billion) in ESG (Environmental, Social, and Governance) financing last year. As the first bank to apply the Korean Sustainability Standards Board (KSSB) disclosure standards, Woori Bank is also enhancing global disclosure systems.
On June 23, Woori Bank announced the release of its '2025 ESG Report,' which outlines its ESG management achievements and future directions over the past year.
According to the report, Woori Bank provided a total of 10.59 trillion won in ESG financing last year. In line with Woori Financial Group's goal of reaching a cumulative 100 trillion won in ESG financing by 2030, the total support from 2021 to last year amounts to 51.4 trillion won.
Additionally, through a Power Purchase Agreement (PPA) signed with the Korea Water Resources Corporation in February 2025, the bank reduced greenhouse gas emissions by 4,686 tons compared to the previous year and increased the proportion of female outside directors to 50%, enhancing board diversity.
The report emphasizes Woori Bank's commitment to sustainable finance and leading the green transition. It conducted a 'double materiality assessment' that considers both the environmental and social impacts of its activities alongside financial implications. The bank also utilized the 'AI Media Index' to analyze ESG-related issues, marking a first in the financial sector.
Based on these findings, Woori Bank identified four major issues: consumer protection, AX/DX innovation, climate change response, and expansion of ESG financing. Furthermore, it adopted the KSSB disclosure standards, becoming the first bank to do so.
A Woori Bank representative stated, "We will continuously enhance our global ESG disclosure system and actively communicate with stakeholders through responsible information disclosure. We aim to be a bank trusted by society through our ESG management efforts."
* This article has been translated by AI.
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