SFMI is honored to be recognized for the following achievements.
Awards & Recognition
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Rated AA- (Stable) by Credit Rating Agency S&P
- SFMI has been rated as AA- (Stable) by global credit rating agency Standard & Poor’s, which is the highest rating ever given to a domestic private corporation and a rating on par with Korea’s sovereign rating. SFMI is the only company holding this rating in the Korean private sector.
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Rated the highest A++ (Superior) by A.M. Best
- SFMI holds the highest credit rating of A++ (Superior) by the world’s largest insurance credit rating agency A.M. Best. This is the highest rating ever given to a domestic insurer, and granted only to Tokio Marine and SFMI within Asia.
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Achieved ISO 50001 and ISO 14001 Certification
- SFMI achieved ISO 50001 certification (international standard for energy management system)in May 2012 for the first time in the domestic financial sector and ISO 14001 certification (international standard for environmental management system) in May 2014. SFMI is committed to protecting the environment and serving the global community as a responsible corporate citizen.
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Selected as a Constituent of FTSE4Good Global Index
- SFMI was selected in June 2013 by British FTSE Group as a constituent of FTSE4Good Global Index, a leading corporate responsibility indicator. FTSE Group publishes FTSE4Good Global Index every year by assessing companies’ sound management practices in six major categories including environmental, social, human rights, and governance issues. Currently, the index has a total of 721 constituents including 17 Korean corporations.
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Maintained Sustainability Status in DJSI World for Four Consecutive Years
- The Dow Jones Sustainability Index is a global sustainability benchmark launched by Dow Jones in 1999 in cooperation with RobecoSAM. The index evaluates the sustainability of a company from various aspects including not only economic but also environmental and social practices. SFMI has maintained its status in DJSI World for four consecutive years from 2014 to 2017, in DJSI Asia Pacific for five consecutive years from 2013 to 2017, and in DJSI Korea for nine consecutive years from 2009 to 2017.
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Earned A- Rating in CDP Carbon Management Leadership in 2017
- CDP, an international organization commissioned by 827 global institutional investors, evaluates the environmental impact of major listed companies around the world and provides information on their environmental management practices including carbon footprints and climate change strategies, Selected as carbon management best practice company, SFMI won CDP Carbon Management Winner’s Award in the financial sector for six consecutive years from 2011 to 2016. In 2017, SFMI acquired A- rating in Carbon Management Leadership, as the only property & casualty insurer in Korea with such a feat.
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Earned A grade in Comprehensive ESG Evaluation by Korea Corporate Governance Service in 2018
- Korea Corporate Governance Service conducts ESG evaluation to assess the level of domestic companies’ efforts for environment protection, social responsibility, and corporate governance, and grants grades based on the evaluation result, which is used as the basic data for the Social Responsibility Investment (SRI) Index of Korea Exchange (KRX). In 2018 ESG evaluation, SFMI scored an overall A grade with A in Governance, A+ in Society, and A in Environment.
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Earned AAA Rating in 2017 Korea Business Ethics Index – Sustainability Management (KoBEX SM)
- The Ministry of Trade, Industry, and Energy and Institute for Industrial Policy Studies (IPS) conduct an annual survey on sustainable management of major corporations in Korea. SFMI earned the highest rating of AAA in 2017 survey.
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Received Prime Minister’s Award for Equal Employment Opportunities in 2015
- Since 1995, the Ministry of Employment and Labor has selected and awarded companies which improved gender equality by providing equal employment opportunities. In 2015, SFMI won the Prime Minister’s Award in recognition of its endeavor in women employment, maternity protection, and support for work and life balance.
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