- Climate change and its impact on the financial sector.
- Biodiversity loss.
- Need for a circular economy.
- Maintaining ethical management and compliance.
- Managing risks related to ESG factors.
Woori Financial Group
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Woori Financial Group disclosed greenhouse gas emissions of 46.26 million tCO2eq (financed emissions in 2023). By scope: Scope 1: 10.8K tCO2eq (2022); Scope 3: 71.4K tCO2eq (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
46.26 million tCO2eq (financed emissions in 2023)
2022
Waste
927 tons (plastic waste collected in 2022)
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 10.8K tCO2eq (2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 71.4K tCO2eq (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 46.26 million tCO2eq (financed emissions in 2023) |
| 2021 | 74.4K tCO2e/year (2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced financed emissions by 27% by 2030 (target)
- Reduced internal carbon emissions by 42% by 2030 (target)
- Achieved Net-Zero carbon emissions target by 2050 (target)
- Collected 927 kg of plastic waste through the “Act for Nature with Woori” campaign.
- Participated in the East-West Trail Korea Project for forestation.
- Supported Cambodia REDD+ project for forest preservation.
🎯 Climate & Sustainability Targets
🔜 Short-term
- SBTi certification within 2023 for carbon emission reduction targets.
📅 Medium-term
- Reduce financed emissions by 27% by 2030.
- Reduce internal carbon emissions by 42% by 2030.
- Expand ESG finance support to KRW 100 trillion by 2030.
🔭 Long-term
- Achieve Net-Zero carbon emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeBiodiversityCircular EconomyDiversity, Equality, and InclusionInclusive FinanceSocial ContributionEthical ManagementRisk ManagementESG Finance