OK Savings Bank "All Company Vehicles Will Be Replaced with Zero-Emission Cars"

On the 14th, Yoo Byung-cheol, Executive Director of OK Savings Bank (right), received a certificate from Han Jeong-ae, Minister of Environment, at The Plaza Hotel Seoul located on Sogong-ro, Seoul.
[Photo by OK Financial Group]

[Asia Economy Reporter Song Seung-seop] OK Financial Group announced on the 16th that it will introduce zero-emission vehicles as part of its ESG (Environmental, Social, and Governance) management.

OK Financial Group recently participated in the '2030 Korean-style Zero-Emission Vehicle Transition 100 (K-EV100)' declaration ceremony held at The Plaza Hotel on Sogong-ro, Seoul. The event was attended by Minister of Environment Han Jeong-ae and OK Savings Bank Executive Director Yoo Byung-chul, along with representatives of participating companies.

The Zero-Emission Vehicle Transition 100 is a project in which private companies convert 100% of their owned or leased vehicles to electric or hydrogen vehicles by 2030. It is a continuation of the first declaration ceremony held last month by the Ministry of Environment and the Korea Automobile Environment Association.

OK Financial Group, which attended the declaration ceremony, plans to become the first in the savings bank industry to convert all business vehicles to zero-emission vehicles. It will also establish infrastructure to efficiently operate zero-emission vehicles.

Choi Yoon, Chairman of OK Financial Group, emphasized, “We will accelerate ESG management starting with this zero-emission vehicle transition.”