Kyobo Life Insurance Publishes Report Highlighting Sustainable Management Achievements

Kyobo Life Insurance announced on the 10th that it has published the "2019 Sustainability Management Report," which contains its sustainability management activities and achievements.

[Asia Economy Reporter Oh Hyung-gil] Kyobo Life Insurance announced on the 10th that it has published the '2019 Sustainability Management Report,' which contains its sustainability management activities and achievements.

The report, titled 'People, and the Future,' includes the progress and achievements related to promises made to stakeholders such as customers, financial planners, employees, investors, government, and local communities.

It highlights key achievements such as enhancing customer value through digital-based products and services, supporting the capacity building of financial planners, strengthening employee capabilities and development support, management activities for investors, and social contribution activities reflecting the characteristics of the life insurance industry.

It reflects ESG (Environmental, Social, Governance)-centered issues such as ethical management, win-win cooperation, and environmental management, and includes newly launched social contribution activities such as the Wow Dasomi Soribit Support Project and digital innovation.

A Kyobo Life Insurance official stated, "In 2010, we became the first domestic insurance company to join the UN Global Compact (UNGC), an international corporate social responsibility agreement, and publicly committed to systematically promoting sustainability management," adding, "The report contains the implementation details of the ten principles of the agreement."

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