Export-Import Bank of Korea

11/24/2021 | Press release | Distributed by Public on 11/24/2021 18:45

Korea Eximbank hold 1st ESG Committee ··· Accelerate ESG man ...

□ The Export-Import Bank of Korea (www.koreaexim.go.kr, Chairman Bang Moon-kyu, "Korea Eximbank) is spurring sustainable management.

□ Korea Eximbank announced on the 24th that it held the "1st ESG Committee" at its headquarters in Yeouido.

ㅇ Earlier in September, Korea Eximbank established an ESG committee consisting of a total of three members under the board of directors.

ㅇ Korea Eximbank's board of directors appointed Chung Da-mi, president of Myongji University Business School, as its chairman, while President Bang Moon-kyu and outside director Yoo Bok-hwan as its members.

□ Korea Eximbank also appointed three external advisors to secure expertise and objectivity.

ㅇ Cho Kyung-jin, former vice chairman of the Seoul National University Graduate School of Environment, Kim In-soo, vice chairman of the Anti-Corruption and Civil Rights Commission and Shin Jin-young, president of the Korea Capital Market Institute, will serve as advisors at the ESG Committee.

□ The ESG Committee plans to manage and supervise the Korea Eximbank's overall ESG management activities, including deliberating on major ESG-related management issues and ESG business plans in the future.

□ The ESG Committee, which was first held on the same day, deliberated on Korea Eximbank's ESG management promotion plan for next year and shared domestic and foreign trends and prospects related to climate change.

ㅇ At the meeting, Chairman Bang recently expressed his feelings about attending the Conference of Parties to the United Nations Convention on Climate Change (COP26), stressing the need to expand the direction of climate change response and the role of finance.

□ Chung Da-mi expressed, in the past, corporate financial factors and short-term performance creation were important, but for sustainable growth, management that considers non-financial factors of environment, society, and governance must be established.

ㅇ "We will have to lead ESG management as a state-run bank by strengthening the ESG management base that Korea Eximbank has promoted in earnest this year and increasing the effectiveness of ESG internalization in all business processes," she said.