Meritz Securities Research

Climate Impact & Sustainability Data (2018-01 to 2019-12, 2020)

Reporting Period: 2018-01 to 2019-12

Environmental Metrics

Total Carbon Emissions:2361.7 tCO2e/year (2018); 1370.8 tCO2e/year (2019)

Scope 1 Emissions:305.6 tCO2e/year (2018); 213.0 tCO2e/year (2019)

Scope 2 Emissions:1716.7 tCO2e/year (2018); 1157.8 tCO2e/year (2019)

Total Energy Consumption:22014 GJ (2018); 16227 GJ (2019)

Water Consumption:21053 m3 (2018); 14588 m3 (2019)

Waste Generated:27 tons (2018); 24.18 tons (2019)

ESG Focus Areas

Economic Performance
Employee Well-being
Customer Satisfaction
Social Contribution
Compliance
Environmental Sustainability
Digital Transformation
Ethical and Integrity

Environmental Achievements

Significant reduction in gas, electricity, and water usage after moving to a LEED Gold certified office building in May 2019. 40% reduction in per capita office paper usage.
Investment in renewable energy projects including solar power generation and biomass power generation.

Social Achievements

Launched 'Meritz Securities University' for retail investors.
Operated 'Meritz Charity Volunteer Group' for 179 times, donating a total of 469 million won.
Achieved 3rd place in the 2019 Fund Sales Company Evaluation by the Korea Financial Investment Association, and 1st place in the branch mystery shopping category.
Won Best Sales Company in the 11th Asia Fund Awards.

Governance Achievements

Received the Excellent Award in the Internal Control Improvement category at the 2018 Compliance Awards hosted by the Korea Exchange.
Maintained a high dividend payout ratio (over 30% on average for the past three years).

Climate Goals & Targets

Environmental Challenges

Increasing uncertainty in domestic and international financial markets.
Intensifying competition in the domestic financial market.
Growing need for diverse and specialized talent in the financial industry.
Growing social concerns about corporate social responsibility and ethical management.

Mitigation Strategies

Diversification of business models through investments in various sectors (real estate, shipping, aviation, overseas M&A).
Establishment of a fair and transparent recruitment process.
Implementation of various welfare programs to improve employee work-life balance.
Establishment of a robust internal control system and compliance program.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

Investment in renewable energy projects.

Reporting Standards

Frameworks Used: GRI Standards Core Option

Certifications: ISMS (Information Security Management System)

Third-party Assurance: Korea Management Certification Institute (KMR)

UN Sustainable Development Goals

Goal 1
Goal 5
Goal 8
Goal 9
Goal 10
Goal 11
Goal 12
Goal 16

Various initiatives contribute to these SDGs through economic development, gender equality, decent work, innovation, reduced inequalities, sustainable cities, responsible consumption, and peace, justice, and strong institutions.

Sustainable Products & Innovation

Renewable energy investment products

Awards & Recognition

2018 Compliance Awards (Korea Exchange)
16th Money Today IR Awards (2018)
11th Asia Fund Awards (2020)

Reporting Period: 2020