LOS ANGELES, Nov 16, 2021 – (BUSINESS WIRE) – Aspiration, the worldwide chief in sustainability as a service options for customers, companies and governments, at present introduced a brand new partnership with Hanwha Life Insurance coverage Firm and Hanwha Options identified. two subsidiaries of the Hanwha Group to carry Aspiration’s sustainable monetary options, ESG advisory companies, world reforestation applications and verified carbon offsets to the South Korean market.

Aspiration will information Hanwha Options, South Korea’s main supplier of energy-to-material options, on its journey to attain web zero emissions by 2050. As a part of this partnership, Aspiration will use its company reforestation program of 5 billion bushes with verified emissions certificates to assist Hanwha sequester carbon emissions to considerably cut back its carbon footprint.

Aspiration and Hanwha Life can even work collectively to launch an ESG-centric blockchain ecosystem based mostly on their in depth collective expertise with high-quality, nature-based CO2 certificates and liquidity for the voluntary CO2 markets.

Aspiration not too long ago entered right into a merger settlement with InterPrivate III Monetary Companions Inc. (NYSE: IPVF), a publicly traded special-purpose car, which upon completion will lead to Aspiration being listed as a Public Profit Company, constructing on Aspiration’s present commitments to create social and public good and to behave responsibly and sustainably.

The Hanwha Group is a Fortune World 500 firm with over 50,000 staff worldwide and annual gross sales of greater than $ 55.6 billion. As Korea’s main life insurance coverage firm and institutional ESG investor, Hanwha Life is actively dedicated to digital transformation with the goal of turning into a number one supplier of digital monetary companies. Hanwha Options, one of many world’s main whole vitality options firms, gives a variety of sustainable options by know-how and innovation in its chemistry, photo voltaic vitality, superior supplies and high-tech city growth companies.

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“We’re honored to be trusted by such a well-known and revered company chief in South Korea,” mentioned Andrei Cherny, CEO and co-founder of Aspiration. “Hanwha is setting a powerful world instance of its dedication to ESG and true sustainability, and Aspiration could not be extra excited to construct on our worldwide footprint with this new partnership with Hanwha.”

Earlier this 12 months, Aspiration opened an workplace in South Korea, in Yeouido, the principle monetary and banking district of Seoul. Final 12 months, Aspiration accelerated the tempo of its personal company dedication to planting 100 million bushes by 2030 – coupled with the present pace at which it’s planting on behalf of its residential and enterprise clients – Aspiration is now one of many largest company sponsors of reforestation on the earth.

About Aspiration Companions, Inc.

Aspiration is a number one platform that helps individuals and firms put automated sustainable impression of their fingers and combine them into their each day lives. Aspiration has gained the belief of its 5 million plus members by serving to them spend, save, store, and make investments to attain each “doing good” and “doing good”. Aspiration Companions, Inc. is an authorized B Corp. Go to Aspiration.com or Aspiration.com/enterprise for extra data. Nonetheless and video media property could be discovered at https://tinyurl.com/56u3yu3z.

About InterPrivate III Monetary Companions Inc.

InterPrivate III Monetary Companions Inc., led by Chairman & CEO Ahmed Fattouh, President Nicholaos Krenteras and Vice Chairman Sunil Kappagoda, is a clean examine firm whose enterprise objective is to merge an organization with a number of firms within the monetary companies or fintech sector impact sectors. InterPrivate III’s board of administrators consists of world-renowned monetary service leaders together with: Former Financial institution One Chairman John McCoy; previous chairman of Lucent and Verifone, Wealthy McGinn; Pine Brook founder and former vice chairman of Warburg Pincus, Howard Newman; and fintech investor Gordy Holterman.

About Hanwha Life Insurance coverage Firm

Hanwha Life is South Korea’s second largest life insurer with reported whole property of US $ 116.73 billion. Along with its experience in conventional monetary companies, Hanwha Life is actively pursuing digital transformation with the goal of turning into a number one supplier of digital monetary companies within the Asian market. Hanwha Life can also be an institutional ESG investor. Please go to www.hanwhalife.com/en/ for extra data.

About Hanwha Options Company

Hanwha Options is South Korea’s main energy-to-material firm devoted to delivering sustainable options for the planet. The core enterprise areas embody chemistry, photo voltaic vitality, superior supplies and high-tech city growth. With its revolutionary know-how for sustainable development, Hanwha Options strives to turn out to be a number one world supplier for a greater future for mankind. Extra data is obtainable at www.hanwhasolutions.com/en/.

View supply model on businesswire.com: https://www.businesswire.com/information/house/20211116005535/de/

contacts

Public relations requirement
Sehrish Sayani
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Purpose investor relations
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InterPrivate III Monetary Companions Inc. Investor Relations
Charlotte Luer
[email protected]

Public relations of the Hanwha life insurance coverage firm
[email protected]

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