Finance
Shinhan Bank joins plastic reduction initiative PACT
Shinhan Bank said on Tuesday it joined PACT (Plastic ACTion), a global plastic reduction initiative led by the World Wide Fund for Nature, becoming the first bank in South Korea to do so. The bank said it plans to expand cooperation with WWF and promote activities to reduce plastic use. It also plans to support related companies through its core financial business and expand green and transition finance to contribute to a shift to a circular economy.