iM Financial Group is enhancing its ESG (Environmental, Social, and Governance) management framework at the group level, strengthening sustainable management linked to its core financial operations.
On October 3, iM Financial announced that it has received the highest 'AAA' rating in the MSCI ESG assessment.
Previously, iM Financial set a goal to achieve $8 billion in ESG financing (loans and investments) by 2030. As of the end of last year, the company reported ESG financing of approximately 5.8 trillion won, achieving about 72% of its target.
Affiliated companies are also expanding their ESG financing efforts. iM Capital is increasing its financing related to eco-friendly electric vehicles and has participated in 'K-RE100' since 2023, becoming the first in the specialized credit finance sector to do so. K-RE100 is a program that supports companies in transitioning their electricity usage to renewable energy.
iM Asset Management is managing ESG funds worth about 380 billion won, focusing on renewable energy and infrastructure as of the first half of this year.
The company is also engaged in environmental and social initiatives, including campaigns for creating habitats for protected species and bee forests to promote biodiversity. Additionally, it offers free ESG self-assessment and greenhouse gas calculator services to support the green transition of small and medium-sized enterprises.
Furthermore, iM Financial is working to improve access for financially vulnerable groups by operating senior-focused branches and providing financial education to migrant women and foreigners.
Hwang Byeong-woo, Chairman of iM Financial Group, stated, "We will continue to internalize ESG across our management and expand sustainable finance to grow alongside our customers, communities, and future generations as a nationwide financial group."
* This article has been translated by AI.
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