Overall impact
B (74)

Commentary

Woori Bank is a strong overall performer. With a 'B' rating of 74.0 for overall impact (88th percentile compared to all companies), Woori Bank ranks 31st out of 180 industry peers, behind Bancolombia, Banco Santander Chile, Banco Santander Brasil and 27 others, and ahead of Popular, Itau Unibanco, Macro Bank and 146 others. On top material causes for Woori Bank's industry (Banking), Woori Bank performs well in Lgbtq Equality (84.0 score), Clean Water Access (95.3), Accountable Institutions (82.2) and 6 other causes where it received an 'A' score and performs poorly in Equal Pay and Opportunity (31.1 score).
Impact
Cause WF
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Employees
77
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
South Korea
Share classes
WF
Description
Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, the company provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. Additionally, the company offers automated telephone, Internet, and mobile banking services; and trust management, trustee, and custodian service. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.
Material causes
Ethos considers the following causes material for Woori Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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