[라이프 트렌드&] Contributing to social and economic development through ESG management… Become an industry leader

Mirae Asset Group is preparing to become a leader in the industry this year by actively engaging in environmental, social, and governance (ESG) management practices. As a specialized investment group, Mirae Asset Group has been paying attention to socially responsible investment (SRI), one of the ways to practice ESG management. This is a keyword that the world is paying attention to, and it is an important means of fulfilling the corporate and financial social responsibilities pursued by the current government. Mirae Asset Group is making continuous efforts to make investments that have a positive impact on the social environment, including the rate of return when conducting direct investment in eco-friendly projects, financial advisory and arrangement services.

Mirae Asset Daewoo is providing financing solutions for new and renewable energy power generation projects, such as the 105MW solar energy power plant project in Chile, to respond to climate change, a global issue. In addition, it is taking the lead in socially responsible investment by investing in small and medium-sized venture companies in new growth industries such as fintech and nano new materials, as well as financial arrangements and investments in’Youth Housing in Station Area 2030′.

In addition, after succeeding in issuing ESG bonds in foreign currency for the first time among securities companies in the world in April 2019, the company plans to secure its leading position in the field of ESG bonds by issuing Green Bonds this year. It plans to issue Korean ESG bonds next month, and plans to issue SRI foreign currency bonds this year following 2019.

The funds raised through this issuance will be invested in eco-friendly buildings, support for SMEs, and housing supply projects for the socially disadvantaged. Through these activities, Mirae Asset Daewoo has received the industry’s highest rating from major ESG evaluation agencies, and is solidifying its position as an ESG leading securities company.

Mirae Asset Daewoo obtained the highest grade of’A’ among securities companies in ‘2020 ESG grade evaluation’ of Sustin Best, the largest socially responsible investment (SRI) research institute in Korea last year. Sustin Best is a leading research organization in Korea that provides advisory services for global socially responsible investment funds, including domestic pension funds, by evaluating the ESG management performance of over 1000 companies.

In addition, it was also selected for the 9th consecutive year in the Dow Jones Sustainability Management (DSJI) World Index, which selects and announces the top 10% companies by comprehensively considering corporate financial performance and ESG performance. In the ESG evaluation of listed companies in 2020 announced by the Korea Corporate Governance Agency (KCGS), it received A grade as well, establishing its position as an industry leader in ESG management performance.

According to the data released by the Korea Corporate Governance Agency (KCGS), Mirae Asset Daewoo obtained an A+ in the S (social) field, which evaluates community return based on social contribution, win-win management with suppliers, and consumer protection activities. .

Mirae Asset Daewoo has continued to carry out various activities for consumer protection, such as introducing easy-to-understand product manuals and improving the complaint reception system process to protect consumers. On the 1st, in order to practice trust management based on consumer protection, a ZERO Declaration Ceremony was held to eradicate incomplete sales in the presence of senior vice chairman Choi Hyun-man and other key executives and staff members.

Choi Hyun-man, senior vice chairman of Mirae Asset Daewoo, said, “Companies contributing to social and economic development through ESG management are gaining market trust and growing continuously.” I will practice it.”

In addition, Mirae Asset Venture Investment, an affiliate, completed the liquidation of the Social Enterprise 1 Fund, which was formed in 2011, with a high return of 72.4% in 2019. Mirae Asset Social Enterprise 1 Fund is a fund that invests more than 60% in social enterprises and preliminary social enterprises. It has invested in 8 social enterprises, including the Redstone System, and supports management consulting for the sustainable growth of the invested social enterprises. come.

JoongAng Ilbo Design = Reporter Song Deok-soon [email protected]