NongHyup Financial, Global ESG Management... Supports 67 Oxygen Generators in India

[Asia Economy Reporter Kiho Sung] NH Nonghyup Financial announced on the 24th that it has supported 67 oxygen generators to help India, which is struggling due to COVID-19.

This relief supply support was promoted as part of NH Nonghyup Financial's ESG (Environmental, Social, and Governance) management practice, and was carried out through NH Nonghyup Bank, which operates a New Delhi office, and NH Nonghyup Capital, which operates IFFCO-Kisan Finance, a joint credit specialized finance company.

NH Nonghyup Bank supported 50 oxygen generators to Indian medical institutions and the local Korean community by the 8th of this month. Through the Indian Red Cross Society, 35 oxygen generators were distributed to local medical institutions, and 15 oxygen generators were delivered to the local Korean communities in New Delhi, Chennai, and Mumbai through the Korean Embassy in India. NH Nonghyup Capital will send 17 oxygen generators to the Indian Red Cross Society in early July in cooperation with the Korean Red Cross. These will also be distributed to local medical institutions.

An NH Nonghyup Financial official said, “NH Nonghyup Financial will continue to strive to fulfill environmental and social responsibilities in overseas expansion areas from the perspective of ESG management.”