Shinhan Financial Group came in at 18th place on a list of the world’s 100 most sustainable companies, announced Wednesday at the ongoing World Economic Forum in Davos, Switzerland, the Seoul-based group said Thursday. 



It is the highest ranking that a Korean company has ever reached on the list, which is known as the Global 100 and compiled annually by Canada-based Corporate Knights since 2005. German carmaker BMW topped this year’s list.

Aside from Shinhan, three other Korean companies made it to the list – steelmaker POSCO at 40th, LG Electronics at 44th and Samsung Electronics at 94th.

Shinhan first appeared on the list in 2013 at 86th place and ranked 30th in 2014 and 70th in 2015.

By Lee Sun-young (milaya@heraldcorp.com)