[서울=뉴스핌] Reporter Seung-dong Kim = Shinhan Life Insurance announced on the 25th that it had appointed Choi Jae-cheol, former ambassador for climate change in the Ministry of Foreign Affairs, as the’ESG Advisory Ambassador’ on the 24th.
Ambassador Jae-cheol Choi is considered one of the ESG experts as a person who dealt with various domestic and foreign climate and environmental diplomacy issues, including participating as the chief representative of the Korean delegation at the time of the signing of the Paris Climate Change Agreement in 2015. Ambassador Choi plans to provide professional lectures and consulting on strategies to enhance Shinhan Life’s ESG management capabilities.
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| [서울=뉴스핌] Reporter Seung-Dong Kim = Shinhan Life Insurance, ESG-based leading company leap forward 2021.03.25 [email protected] |
Shinhan Life Insurance has been pursuing ESG management in the direction of’eco-friendly’,’win-win’ and’trust’ of the group, and has been accelerating this further since the inauguration of Dae-gyu Seong.
First, in the field of environment (E), in July 2019, it acquired’ISO 14001′, which is the highest level in the environmental management system of the International Organization for Standardization (ISO). Through this, we have established and implemented a system that considers the environment in all business processes.
It has strengthened eco-friendly business processes such as revitalizing electronic subscriptions, expanding smart window app services, and introducing office automation (RPA), and has continuously expanded the scale of investments in eco-friendly fields such as solar power and socially responsible investment (SRI) funds. In addition, the’ESG Inspection Checklist’ system is in place to check ESG elements in advance when developing insurance products.
In the social responsibility (S) sector, we are reinforcing social contribution activities that fit the Corona 19 situation beyond the existing method. △ Reinforced non-face-to-face social contributions such as the Sunple Movement △ Donated PCs for children’s home-school classes at childcare facilities △ Supported meals for the vulnerable in connection with small businesses in traditional markets.
In particular, in order to fulfill corporate social responsibility through job creation, Shinhan Life is planning to openly hire Shinhan Life on a double-digit scale. The recruitment process begins with the recruitment announcement on April 1st, and will be recruited in July, when the integrated Shinhan Life is launched.
In the governance (G) sector, in March of last year, it was the first Korean life insurance industry to subscribe to the UN Sustainable Insurance Principles. This is an international agreement signed by 171 insurance companies around the world, and stipulates the principle of incorporating ESG elements into overall management such as insurance company operation strategies and product and service development.
In order to systematically operate ESG management, Shinhan Life Insurance formed a dedicated working-level council and strengthened execution power by having working-level managers from major departments participate.
An official at Shinhan Life said, “ESG is a key element to create sustainable performance for a company.”