Shinhan Financial Group

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Created on: Nov 17 2020 Last update: Nov 17 2020

About Shinhan Financial Group (SFG), based in 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 , credit card, securities, insurance, asset management, lease and financial consulting services. In September 2020 , 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 Financial Supervisory Service (South Korea)

Annual CSR report 2019 reports Annual report 2019

Ownership listed on & NYSE Shinhan Financial Group's shareholder structure can be accessed here.

Complaints and grievances

Sustainability

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.

Human rights policy Date listed represents date as accessed on website Nov 19 2020 | Shinhan Financial Group Sustainability policy framework Date listed represents date as accessed on website Nov 19 2020 | Shinhan Financial Group

Code of ethics Date listed represents date as accessed on website Nov 19 2020 | Shinhan Financial Group

ESG investment policy Sep 11 2020 | Orange Life (SFG subsidiary)

Credit assesssment ESG screening policy Jul 24 2020 | Shinhan Bank (subsidiary SFG)

Action principles towards climate change Dec 19 2019 | Shinhan Financial Group

Environmental and social risk policy framework May 10 2018 | Shinhan Financial Group

BankTrack campaigns and Shinhan Financial Group

Equator Principles

Implementation and reporting The Equator Principles require that adopting publicly report on the implementation of the principles. You can find the reporting requirements for EPFIs here.

Contact and complaints The Equator Principles currently lack a formal complaints mechanism. Should you have any concerns or complaints about how the Equator Principles are being applied in a specific project in which Shinhan Financial Group is also involved, please get in touch with our Equator Principles team.

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