Shinhan Financial Group earns A+ in ESG ratings for 12 consecutive years, the only Korean company to do so

[Financial News] Shinhan Financial Group is the only Korean company to have earned an overall A+ rating in ESG (environmental, social and governance) assessments for 12 consecutive years. Its achievements include reaching its green-finance target ahead of schedule and strengthening support for companies’ low-carbon transitions.
According to financial industry sources on the 11th, Shinhan Financial Group earned an overall A+ rating in the “2026 KCGS ESG Assessment and Ratings Announcement” released by the Korea Institute of Corporate Governance and Sustainability (KCGS). Shinhan is the only Korean company to have maintained the same rating for 12 consecutive years, since 2015.
KCGS assesses the environmental (E), social (S) and governance (G) performance of listed companies in Korea each year and announces their ratings. Of the 1,020 listed companies assessed this year, only 18 received an overall A+ rating.
Shinhan Financial Group is supporting companies’ substantive low-carbon transitions by improving its framework for promoting green and transition finance. In particular, it reached ahead of schedule its goal of providing 30 trillion won in green finance by 2030. Within the group, it is also working to reduce its own carbon emissions by increasing renewable energy use and strengthening its carbon management system.
In the social sector, the group runs programs to strengthen young people’s job-readiness, identify gaps in support for people facing livelihood crises, and expand the social safety net. It measures the social value created through ESG management in monetary terms and discloses it in its sustainability report.
A Shinhan Financial Group representative said, “Earning an overall A+ ESG rating for 12 consecutive years is a meaningful achievement that shows the group’s efforts toward sustainable growth have been recognized externally.” The representative added, “We will continue to support companies’ low-carbon transitions through green and transition finance and expand the creation of social value, helping build a sustainable future in which customers and society grow together.”

[email protected] Seo Ji-yoon Reporter