JB Financial Group Establishes 'ESG Committee' Under Board of Directors

[Asia Economy Reporter Kim Hyo-jin] JB Financial Group announced on the 14th that it has established an ‘ESG (Environmental, Social, and Governance) Committee’ under its board of directors.

The JB Financial Group ‘ESG Committee’ will formulate ESG strategies and policies, receive reports on various related progress and outcomes, and serve as the highest decision-making body for the group’s ESG management.

With the establishment of the ‘ESG Committee,’ JB Financial Group plans to expand sustainable management activities from an ESG perspective together with its affiliates. It also intends to diligently manage and supervise non-financial performance and lay the foundation for the practical internalization of sustainability.

The committee chairperson is Yoo Kwan-woo, an outside director and advisor at Kim & Chang Law Office.

Last year, JB Financial Group was recognized for its excellence in sustainable management by receiving an integrated grade of A+ in the ‘2020 ESG Evaluation’ conducted by the Korea Corporate Governance Service, being selected as an outstanding ESG company.

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