Hana Bank Participates in Joint Financial Sector Support Declaration for UN Biodiversity Convention

[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 17th that it has signed the ‘Joint Declaration on Biodiversity Support for Coexistence with Nature’ and will undertake various efforts to promote environmental, social, and governance (ESG) management and sustainable finance through biodiversity support.

The ‘Joint Declaration on Biodiversity Support’ was adopted on the final day of the ‘Banking and Financial Institutions Biodiversity Protection Theme Forum’ held from the 11th to the 15th in Yunnan Province, China, during the ‘15th UN Convention on Biological Diversity Conference of the Parties (CBD COP15),’ and the signing ceremony took place on the 15th.

The forum was attended by international financial institutions including Hana Bank, the World Bank Group, International Finance Corporation (IFC), Asian Development Bank (ADB), Bank of America (BOA), Bank of China (BOC), and more than 30 global financial institutions, all of which signed the ‘Joint Declaration on Biodiversity Support.’

Through this, Hana Bank, along with international financial institutions and global financial organizations, plans to promote exchanges and cooperation in various fields related to biodiversity and expand financial investments for biodiversity protection, thereby enhancing the role of financial institutions in environmental and social responsibility.

A Hana Bank ESG Planning Section official stated, “By participating in this joint declaration, Hana Bank aims to raise social awareness of biodiversity and actively fulfill its role in biodiversity protection through various events and financial investments, leading diverse activities to promote ESG management and practice sustainable finance.”