ISS ranks Shinhan Financial fifth among 321 global commercial banks
Shinhan Bank headquarters (Photo courtesy of Shinhan Bank)
Shinhan Financial Group announced on April 30 that it has been selected as the sole ‘Industry Leader’ among Asian commercial banks in the 2026 ESG Comprehensive Evaluation (Corporate Rating category) released by Institutional Shareholder Services (ISS), the world’s largest proxy advisory firm.
ISS provides crucial reference indicators for global institutional investors’ investment decisions and ESG risk management through its comprehensive evaluations of the ESG implementation status of major listed companies worldwide.
Recognized for its ongoing ESG management performance, Shinhan Financial ranked 5th among 321 commercial banks globally and was also named an ‘Industry Leader,’ a designation granted to the top five companies in the same industry group.
The group received high praise, particularly for ▲ establishing and operating industry-specific environmental and social risk management guidelines, ▲ internalizing ESG criteria across its asset management and proprietary investments, ▲ building an information security management system, and ▲ its efforts to expand green finance and sustainable services.
An official from Shinhan Financial stated, “We will use this result as a starting point to operate our ESG framework with even greater sophistication.”
Yoon Young-sil
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