Mirae Asset Life Insurance Publishes Sustainability Management Report

Mirae Asset Life Insurance announced on the 8th that it has published the '2023 Sustainability Management Report.'

Mirae Asset Life Insurance transparently disclosed its ESG (Environmental, Social, Governance) management activities and achievements, emphasizing management policies that fulfill corporate responsibility and promote long-term growth. In a joint message at the beginning of the report, Kim Jae-sik and Hwang Moon-kyu, co-CEOs of Mirae Asset Life Insurance, stated, "Last year, Mirae Asset Life Insurance laid the foundation to grow despite the uncertain financial market and economic recession environment," and added, "We will continue to achieve new growth through continuous innovation."

Mirae Asset Life Insurance presented five directions for sustainable management: ▲ quantitative and qualitative growth through expanding strategic products ▲ accelerating digital transformation ▲ customer satisfaction management ▲ continuous efficient profit and capital management ▲ internal control and risk management.

Mirae Asset Life Insurance has promoted various systems to create a green finance ecosystem. It has established a governance system to stably and sustainably pursue environmental management and is strengthening systems to implement it. The company is expanding ESG investments and striving to internalize environmental culture among all employees through company-wide environmental education.

Under the slogan "Practicing warm capitalism with consideration," Mirae Asset Life Insurance has continuously made efforts to protect customers and contribute to society. Through various social contribution activities such as the employees' small salary donation campaign "I Love You," donation delivery to help children with pediatric cancer, economic and financial education for consumers called "One Company One School," mobile dental services for elderly living alone, and a campaign to make sleep vests to prevent diseases in infants and toddlers, the company strives to fulfill its corporate social responsibility.

For long-term growth, Mirae Asset Life Insurance practices responsible management based on ethics and compliance awareness by fulfilling expertise, independence, diversity, and transparency. Based on a sound governance centered on the board of directors, it has established a stable risk management system and continues active communication with shareholders to protect their value and interests. It operates an autonomous internal control system to ensure effective internal control. To complement the limitations of post-detection inspections, it practices proactive internal control that supports and cooperates in advance.

Baek Soo-dong, Head of Management Innovation at Mirae Asset Life Insurance, said, "Mirae Asset Life Insurance will introduce ESG perspectives across all management areas to build a win-win corporate culture that grows together with customers and society for the practice of healthy and considerate capitalism," and added, "We will comply with management policies reflecting the importance of sustainability management to protect the essence of the insurance industry that safeguards individuals and society."