With a confident approach to change and with the support of our customers, Hyundai Capital has become a leading consumer finance company in Korea.
We posted 110 trillion won in global assets amidst the unprecedented challenges posed by the COVID-19 pandemic. I think we can say that the company is spearheading the globalization of Korea’s finance sector.
We operate in 13 countries in the Americas, China and Europe and continue to expand with a commitment to delivering differentiated value to our customers.
We have also been diversifying our business model. We have, for example, developed new mobility-exclusive products and set up an automobile leasing company overseas. We believe diversification will help us to pre-emptively respond to changes in the rapidly evolving global mobility environment.
As a leader in finance, Hyundai Capital has long taken a sincere approach to corporate social responsibility.
In 2016, for example, we joined the corporate global move to tackle rising environmental challenges and issued green bonds to exclusively fund eco-friendly projects. We were the first private company in Korea and the first auto finance company in the world to do so. With continued issuing of green bonds in Korea and overseas, Hyundai Capital has been leading the way in the practice of ESG.
Hyundai Capital’s transparency and credibility have been acknowledged. For example, we acquired an A+ rating in the ESG evaluation conducted by the Korea Corporate Governance Service in 2021. This rating gave us the distinction of being the first company in the local credit market to earn an A+ three years in a row. In addition, Hyundai Capital was awarded an ISO 37301 certification in recognition of its efforts to scale up corporate compliance levels in its management system and various business operations.
All of Hyundai Capital’s achievements thus far would not have been possible without the support of our customers and their confidence in us. We vow to maintain our commitment to listening to them and to investing in our future.