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About Shinhan Financial Group
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 asset 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.
Website | http://www.shinhangroup.com/en/index.jsp |
Headquarters |
Shinhan Financial Group, Deakyung B/D, 120.2-Ga, Taepyung-ro, jung-Gu.
Seoul, 100-102
South Korea
|
CEO/chair |
Cho Yong-byoung CEO |
Supervisor | |
Annual reports |
Annual report 2020 CSR Report 2020 |
Ownership |
listed on Korea Exchange & NYSE
Shinhan Financial Group's shareholder structure can be accessed here. |
Complaints and grievances |
Shinhan Financial Group does not operate a complaints or grievances channel for individuals or communities that might have been affected by its finance. |
Related Dodgy Deals
Dodgy Deals map
Policy Assessments
Banks and Climate
Bank net zero commitments
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
Banks and Human Rights
Human Rights Benchmark Asia 2022
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News
Documents
Links
Policies
Voluntary standards
Shinhan Financial Group has committed itself to the following voluntary standards:- Carbon Disclosure Project
- Equator Principles
- Net-Zero Banking Alliance (NZBA)
- 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
Investment policies
Shinhan Financial Group's webpage on corporate social responsibility can be accessed here.