Potential offtaker

Woori Financial Group

www.woorifg.com

Estimated electricity consumption

N/A

Countries of production presence

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Woori Financial Group is a South Korean financial services company that operates in the diversified banks sector. The company was founded in 2001 and is headquartered in Seoul, South Korea. Woori Financial Group is one of the largest financial services companies in South Korea and has a strong presence in the Asia-Pacific region.

Woori Financial Group is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of initiatives to achieve these goals. Woori Financial Group has invested in renewable energy and has implemented energy-saving measures in its buildings and operations.

One of the key initiatives that Woori Financial Group has implemented to reduce its carbon footprint is the use of corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is an agreement between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy from the provider over a specified period of time. By using corporate PPAs, Woori Financial Group is able to support the development of renewable energy projects and reduce its reliance on fossil fuels.

Woori Financial Group has also implemented a range of energy-saving measures in its buildings and operations. The company has installed energy-efficient lighting and heating systems, and has implemented a range of measures to reduce energy consumption in its data centers and other facilities. Woori Financial Group has also implemented a range of measures to reduce water consumption, including the installation of water-saving fixtures and the implementation of water recycling systems.

In addition to its commitment to decarbonisation, Woori Financial Group is also committed to corporate energy management. The company has implemented a range of initiatives to improve its energy efficiency and reduce its energy costs. Woori Financial Group has implemented an energy management system that monitors and controls energy consumption in its buildings and operations. The company has also implemented a range of energy-saving measures, such as the use of energy-efficient lighting and heating systems, and the implementation of energy-saving policies for its employees.

Woori Financial Group has also implemented a range of initiatives to promote renewable energy. The company has invested in renewable energy projects, including wind and solar power projects, and has partnered with renewable energy providers to promote the development of renewable energy in South Korea. Woori Financial Group has also implemented a range of initiatives to promote energy efficiency and reduce energy consumption in the communities where it operates.

In conclusion, Woori Financial Group is a South Korean financial services company that operates in the diversified banks sector. The company is committed to decarbonisation and reducing its carbon footprint, and has implemented a range of initiatives to achieve these goals. Woori Financial Group has invested in renewable energy and has implemented energy-saving measures in its buildings and operations. The company has also implemented a range of initiatives to promote renewable energy and energy efficiency in the communities where it operates.

✓ Science Based Targets member
✓ Declared Net Zero commitment