Hanwha Asset Management said on the 24th that it won the Minister of Employment and Labor Award at the 2025 K-ESG Management Awards.
The K-ESG Management Awards recognize corporations and institutions that raise corporate value by practicing exemplary ESG management—such as environmental management (E), creation of social value (S), and securing sound governance (G)—and that contribute to spreading an innovative and sustainable management culture.
Hanwha Asset Management was recognized for strengthening communication with a wide range of global stakeholders, including employees, customers, and local communities, and for taking the lead in ESG (environment, society, governance) management.
Hanwha Asset Management emphasized that, as a fiduciary that manages customers' assets, it has taken the lead in realizing responsible investment. Since 2020, it has actively carried out shareholder activities as part of its stewardship responsibilities.
In the second half of last year, it sent shareholder letters to major corporations on a variety of ESG themes, not only social (S) issues such as industrial safety and serious industrial accidents, and information security, but also climate change, natural capital, circular economy, artificial intelligence (AI) ethics, corporate ethics (embezzlement and breach of trust, etc.), and corporate value (value-up disclosures).
Since 2021, it has published an annual Responsible Investment Report that briefs investors on the status of responsible investment. In particular, this year, reflecting the trend of strengthening implementation reviews of the stewardship code (principles of fiduciary responsibility) at home and abroad, it released the industry's first English Responsible Investment Report among private asset management firms.
Also, at the end of last year, after establishing "Korea's leading global asset manager" as a companywide management goal, it has been pushing core tasks such as generating alpha (α) for customers, advancing investment and work processes, nurturing talent and strengthening capabilities, and improving organizational culture.
In addition, it created the Bright World Fund, an employee fund. Through the fund, it supports activities that spread social value, including financial education for children in protective facilities, financial education for self-reliant youth and sponsorship of self-reliance support grants, volunteer cleaning at group homes for persons with disabilities, and in-house charity bazaars.
Kim Jong-ho, CEO of Hanwha Asset Management, said, "We will continue to strengthen our ESG global competitiveness as Korea's leading global asset manager."