Hana Financial chief highlights green financing efforts in Australia


Hana Financial Group Chairman Ham Young-joo emphasized the significance of green financing during a meeting with a high-ranking Australian government official in Canberra. The meeting, part of Ham's three-day visit to Australia to bolster the firm's global presence, included discussions with Alex Heath, the first assistant secretary of the Australian Treasury's climate and energy division. Heath commended Hana Financial for making substantial progress towards its '2030&60' vision, which aims to allocate 60 trillion won ($43 billion) for green and sustainable industries by 2030. Heath expressed hope for increased collaboration with Hana Financial, given the firm's alignment with Australia's environmentally friendly policies and participation in various green financing initiatives. Additionally, Hana Bank's Sydney branch has been actively engaging in environmental, social, and governance (ESG) directives, including investments in recycled energy, green loans, and participation in the Australian government's smart meter project. During the visit, Ham also met with potential investors interested in Korean banking shares, introducing the firm's initiatives related to the Corporate Value-up Program and highlighting its ESG accomplishments in both Korea and Australia. Ham emphasized that the essence of 'value-up' extends beyond share price enhancement, focusing on sustainable profit fundamentals and shareholder returns, aiming for a win-win situation for all market participants, including retail investors. He underscored Hana Financial's commitment to strengthening shareholder value through efficient capital management and shareholder-friendly policies, positioning the firm as a model for value enhancement in the finance industry in Korea.


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