Hana Bank Expands ESG Consulting Team to Support Small and Medium Enterprises

Hana Bank announced on the 28th that it will expand and reorganize its ESG (Environmental, Social, and Governance) consulting organization to support ESG management for small and medium-sized enterprises (SMEs). It will also implement specialized ESG consulting services to help SMEs actively respond to global ESG regulations.

Recently, ESG management has been spreading worldwide, including responses to supply chain due diligence. SMEs are also required to internalize ESG management systems to effectively respond to various ESG trade regulations and achieve sustainable growth.

To support SMEs struggling to establish ESG management systems, Hana Bank has recruited three ESG specialists. The existing corporate consulting team has been expanded and reorganized into the 'Corporate ESG Consulting Team,' consisting of 10 experts in ESG, legal, and accounting fields. Additionally, comprehensive consulting services covering ▲ ESG ▲ finance and taxation ▲ business succession ▲ mergers and acquisitions (M&A) will be provided.

On the 27th, employees of the 'Hana Bank Corporate ESG Consulting Team' are taking a commemorative photo at the Hana Bank Euljiro Headquarters located in Euljiro, Jung-gu, Seoul.
[Photo by Hana Bank]

The ESG consulting services provided by the ESG experts of the Corporate ESG Consulting Team include ▲ detailed ESG diagnosis ▲ greenhouse gas emissions calculation ▲ employee training and seminars for ESG internalization, all tailored according to the size, industry, and business type of SMEs.

Hana Bank plans to utilize the ‘ESG Detailed Diagnosis System’ and ‘Greenhouse Gas Emissions Calculation System,’ which were developed last year through collaboration with Ewha Womans University and verified by ESG experts from the Financial Supervisory Service. Hana Bank expects to offer more practical assistance to SMEs in establishing mid- to long-term ESG strategies, such as climate change response.

A Hana Bank official stated, “With the strengthening of ESG management obligations through legislation such as the European Union (EU) Supply Chain Due Diligence Act and various regulations, we will spare no effort to support SMEs in systematically establishing ESG response strategies through specialized ESG consulting services. We will also provide various financial benefits linked to ESG consulting to practice finance that grows together with SMEs and shares happiness.”