Became the first Korean financial institution to earn Leadership A for 02 INITIATIVE REPORT 03 APPENDIX 01 BUSINESS REPORT SHINHAN ESG WAYINTRODUCTION ENVIRONMENTAL SOCIAL GOVERNANCE Status of Climate Change Initiatives Beginning with its joining of CDP in March 2007, Shinhan Financial Group has been active in joining climate change initiatives, such as PCAF, SBTi, TCFD, and Equator Principles, to better respond to climate change management, public disclosure, target setting, and emissions measurement.