Shinhan Financial Group (SFG), based in Seoul South-Korea, is principally engaged in the banking business. It is Korea's largest banking group by assets and profits. Shinhan Financial Group, established in 2001, operates its business through five segments: banking, securities brokerage, trust banking, and assets management to individuals, businesses, and other financial institutions. It holds 12 subsidiaries across the financial industry including bank, credit card, securities, insurance, asset management, lease and financial consulting services. In September 2020 Shinhan Bank, a subsidiary of SFG, adopted the Equator Principles.

Voluntary initiatives

• Carbon Disclosure Project
• Equator Principles
• Partnership for Carbon Accounting Financials (PCAF)
• Principles for Responsible Banking (PRB)
• Principles for Sustainable Insurance
• Task Force on Climate-related Financial Disclosures
• UNEP Finance Initiative
• United Nations Global Compact