KB Financial Group Included in DJSI World Index for 5 Consecutive Years
Selected as Global No. 2 and Domestic No. 1 in Banking Industry
Proving Capabilities as a Global Leader in ESG Management
[Asia Economy Reporter Sunmi Park] KB Financial Group announced on the 15th that it has been included in the Dow Jones Sustainability Index (DJSI) World Index for five consecutive years.
Since 2016, KB Financial has been included in the DJSI World Index, the highest grade, for five consecutive years. In particular, it has been selected three times as the global 2nd and domestic 1st company in the banking industry, solidifying its position as a global leader in Environmental, Social, and Governance (ESG) management.
In the DJSI evaluation, KB Financial ranked first globally in governance and economic sectors, with its efforts to improve governance, risk management, information security, and sustainable finance being recognized worldwide.
KB Financial is accelerating ESG management at the group level.
In March this year, it established the first ESG Committee within the board of directors among domestic financial groups, with all directors including Chairman Yoon Jong-kyu participating to strengthen the execution of ESG management at the group level. In August, it announced "KB Greenway 2030," aiming to reduce the group's carbon emissions by 25% compared to 2017 by 2030 and expand 'ESG products, investments, and loans,' currently about 20 trillion won, to 50 trillion won. In September, it also declared "coal phase-out finance," the first among domestic financial groups.
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A KB Financial Group official said, "This inclusion in the DJSI World Index is recognition from a credible external institution of the results of actively promoting ESG management. We will continue to strive to bring positive changes to our society and environment, befitting the status of a leading ESG company."
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