Woori launches ESG consulting service for SMEs

Published date05 March 2023
Publication titleThe Korea Times

Woori Bank launched a consulting service for small and medium-sized enterprises (SMEs) seeking to fulfill its environmental, social and corporate governance (ESG) management, Sunday.

Corporate clients of the lender can take advantage of the service by accessing Woori's internet banking site for free. The non-face-to-face service was developed as part of Woori's efforts to raise ESG awareness and help more companies jump on the bandwagon.

Under the partnership with E Credible ? a local credit certification service operator ? Woori offers other diverse benefits to companies using the service. For instance, when a company's ESG evaluation result meets a certain standard, it can receive an ESG loan product at a low interest rate, according to the lender. The bank also provides diverse ESG education programs. One-on-one consulting is also available.

Woori Bank has also partnered with Korea Management Association Consulting for the launch of the service. The Woori ESG...

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