Company Directory - Hana Financial Group
Company Details - Hana Financial Group
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Hana Financial Group
WebsiteA financial services group that operates in various sectors including banking, investment, and credit card services.
CCI Score
CCI Score: Hana Financial Group
48.54
-0.02%
Latest Event
Hana Financial Group Reassures Investors Amid Political Turbulence
Hana Financial Group bolstered its engagement with international regulators and foreign investors by sending reassuring communications amid domestic political turmoil, aiming to stabilize market confidence and reinforce shareholder value.
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LEADER
Hana Financial Group is currently rated as a Leader.
Latest Events
- DEC102024
Hana Financial Group bolstered its engagement with international regulators and foreign investors by sending reassuring communications amid domestic political turmoil, aiming to stabilize market confidence and reinforce shareholder value.
+30
Public and Political Behavior
March 18
Hana Financial Group demonstrated strong public and political behavior by proactively engaging with regulators and communicating with foreign investors during a period of domestic political instability. This transparent approach supports market stability and counters potential authoritarian pressures by keeping government oversight active.
Hana Financial reassures foreign investors amid political unrest
+40
Business Practices and Ethical Responsibility
March 18
The firm has reinforced its business practices by outlining measures to safeguard shareholder rights and improve risk management, demonstrating ethical responsibility in its operational strategy. This enhances transparency and accountability in a volatile market environment.
Hana Financial reassures foreign investors amid political unrest
+20
Economic and Structural Influence
March 18
By coordinating with international regulatory bodies and maintaining active communication channels across multiple regions, Hana Financial Group demonstrates a commitment to preserving economic stability and sound structural influence, which indirectly supports democratic oversight.
Hana Financial reassures foreign investors amid political unrest
- JUL262024
Hana Financial Group's Chairman was cleared of severe regulatory punishment for internal control failures related to mis-selling derivatives-linked funds, raising concerns about corporate accountability and potential regulatory capture.
-50
Business Practices and Ethical Responsibility
March 18
The case highlights serious ethical concerns rooted in mis-selling practices and internal control failures. The fact that the disciplinary actions against the chairman and related executives were cancelled after a prolonged legal battle raises questions about the group's commitment to ethical responsibility and accountability, potentially undermining public trust.
-40
Economic and Structural Influence
March 18
The appellate court's decision to cancel major disciplinary actions suggests an undue influence over regulatory mechanisms, signaling potential regulatory capture. This outcome may reflect broader issues in economic and structural influence where corporate interests override strict accountability measures, indirectly bolstering authoritarian-friendly deregulation.
- JAN012024
Hana Financial Group introduced a robust anti-corruption policy that emphasizes ethical business practices, including a prohibition on political contributions, thereby reducing potential corporate complicity in political interference and authoritarian practices.
+80
Political Contributions and Lobbying Efforts
March 18
The policy explicitly prohibits the use of company resources for political contributions, curbing corporate influence in political lobbying. This measure supports ethical governance and limits the potential for corporate complicity in authoritarian practices.
+75
Business Practices and Ethical Responsibility
March 18
The comprehensive anti-corruption policy underscores Hana Financial Group's commitment to ethical business practices and transparency. Clear guidelines on fair competition, conflict of interest avoidance, and internal controls enhance their integrity and reduce risks associated with unethical business conduct.
- JAN012023
Hana Financial Group has enacted a comprehensive anti-corruption policy that prohibits bribery, improper political donations, and unethical practices across all affiliates. This measure underscores its commitment to fair business practices and transparent political engagement, thereby reducing risks of complicity in authoritarian influences.
+80
Political Contributions and Lobbying Efforts
March 18
Hana Financial Group's anti-corruption policy explicitly prohibits the use of company resources for any political contributions and establishes strict internal controls to avoid bribery and conflicts of interest. This proactive stance lessens the risk of indirectly funding groups or actions that might support authoritarian agendas, marking a strong commitment within the Public and Political Behavior category.
+85
Labor Relations and Human Rights Practices
March 18
The group's comprehensive framework not only targets political contributions but also enforces fair business practices, conflict of interest rules, and transparent governance. This holistic approach in managing ethical responsibilities contributes to a high score in the Business Practices and Ethical Responsibility category, thereby bolstering its defense against practices that could support authoritarianism.
- DEC312022
The 2022 sustainability report from Hana Financial Group provides an extensive overview of its environmental, social, and governance practices. It details strong ethical management, transparent stakeholder engagement, robust risk management, and careful adherence to anti-corruption and fair trade standards. Notably, the report confirms a strict policy on political donations and sponsorships, indicating a commitment to non-partisan, responsible public conduct. In technology and services, the group has implemented advanced digital security systems and innovative financial products, while economically it demonstrates sound business practices with responsible leverage and prudent capital management. Overall, the report reflects proactive corporate responsibility and ethical practices that stand in contrast to complicity in authoritarian behavior.
+80
Public and Political Behavior
March 18
Public and Political Behavior: The report outlines strict policies regarding political contributions and sponsorships. There is a clear emphasis on transparency in corporate governance and political neutrality, which reflects positively on the company’s public and political behavior.
+90
Business Practices and Ethical Responsibility
March 18
Business Practices and Ethical Responsibility: The report provides in‐depth disclosure of ethical management, comprehensive ESG policy frameworks, stakeholder engagement processes, and strong internal controls. These practices clearly underline the company's commitment to responsible business operations and ethical labor relations.
+70
Technology and Services Impact
March 18
Technology and Services Impact: Hana Financial Group has implemented advanced digital solutions such as AI-powered wealth management, digital security systems, and customer-centric platforms. These investments demonstrate a commitment to safeguarding customer data and enhancing service delivery, although the emphasis is primarily on internal efficiency and security rather than direct repressive technology.
+60
Economic and Structural Influence
March 18
Economic and Structural Influence: The report shows strong financial performance, prudent capital management, and effective economic planning. While the group holds significant economic influence, its responsible management and adherence to regulatory compliance mitigate risks of complicity in harmful economic structures.
- DEC312022Hana Financial Group 2022 Sustainability Report: A Model of Ethical and Transparent ESG Practices
100.00
The 2022 Sustainability Report of Hana Financial Group details robust ESG strategies, ethical management protocols, strong environmental initiatives, and a clear stance on political neutrality. The company reports no political contributions or lobbying efforts that support authoritarian values, and its business practices, technology implementations, and economic influence are managed transparently and responsibly.
- OCT012022
Hana Financial Group showcases commendable transparency in its political contributions and labor practices. The institution does not make political contributions and openly discloses its lobbying expenditures, while also publicizing a policy on workers' rights. However, opportunities remain to expand these measures to fully align with international standards.
+80
Political Contributions and Lobbying Efforts
March 18
Hana Financial Group demonstrates strong public and political behavior by not engaging in political contributions and by transparently disclosing its lobbying expenditures. This politically neutral stance is in line with anti-fascist values, offering a positive counterbalance to authoritarian financial influences.
+70
Labor Relations and Human Rights Practices
March 18
The institution has established a publicly available policy that pledges to respect workers' rights and has implemented a stewardship code for its subsidiaries, reflecting a commitment to ethical labor practices. However, the approach could be enhanced by integrating broader international labor standards and expanding the policy across the full value chain.
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Industries
- 523910
- Miscellaneous Intermediation
- 523999
- Miscellaneous Financial Investment Activities
- 523920
- Portfolio Management