Woori Bank is detailing its ESG management strategy and putting its execution framework into full operation.

Woori Bank on Tuesday said it set four strategic directions to expand ESG finance and confirmed 50 key tasks, dubbed 'NEXT 50'. It aims to strengthen ESG management with a focus on expanding green finance, improving governance and building foundations for sustainable growth.

Woori Bank established a new ESG strategy, 'Next ESG', aimed at achieving carbon neutrality by 2050 and fulfilling social responsibility. It puts into practice Woori Financial Group's ESG vision of "a better world we create through finance."

The four strategic directions comprise Net-zero Transition to reduce carbon emissions, Equity Commitment to create social value through finance, eXpert Leadership to strengthen ESG expertise and implementation, and Transparency First to establish transparent ESG disclosure and governance.

The NEXT 50 tasks include cutting greenhouse gas emissions, expanding resource recycling, increasing financial support for eco-friendly companies and improving access for financially vulnerable groups. Woori Bank plans to use the initiative to expand green finance and build a leading model that strengthens social responsibility.

Shim Sung-jin (심성진), head of Woori Bank's ESG Mutual Growth Finance Department, said, "ESG plays an important role directly linked to customers' lives beyond environmental protection." He added, "Through the 'Next ESG' strategy, we will create changes customers can feel and lay the foundation for companies and society to grow together."