Woori Bank Releases 2024 ESG Report Highlighting Transparent Governance and Green Finance Initiatives

Woori Bank has published its 2024 ESG Report, outlining its efforts and achievements in environmental, social, and governance (ESG) management over the past year.

On the 27th, Woori Bank announced the release of the “Woori Bank 2024 ESG Report,” its third annual edition since 2023. The report systematically compiles the bank’s progress and strategies across environmental, social, and governance sectors, with a special focus on the sustainability of finance and social responsibility.

Notably, the report places key improvements in governance structure at the forefront, underscoring Woori Bank’s commitment to transparent management. The bank also highlights data privacy protection, financial consumer rights, and climate change response as core priorities. By identifying risks and opportunities for each theme, Woori Bank has made an initial trial of applying global ESG disclosure standards within the report.

Within the finance section, the report details the bank’s direction for ESG financing, with an emphasis on “green finance” and “shared growth finance.” In the management section, it presents tangible outcomes based on systems for “environmental management” and “human rights management.”

Jung Jinwan, CEO of Woori Bank, stated, “This year’s report reflects our strong commitment to sustainable management,” adding, “We will continue to demonstrate responsible finance through open communication with all stakeholders.”

The 2024 ESG Report is available in digital format and can be accessed via the Woori Bank website under ‘All Menu → About Us/IR → ESG Management → ESG Performance.’

Note “This article was translated from the original Korean version using AI assistance, and subsequently edited by a native-speaking journalist.”

Photo=Woori Bank