KTB Financial Group Launches ESG Committee... Full-Scale Start of ESG Management

Decision on ESG-Related Management Strategy... Separate Organization Established Within Affiliates

On the 5th, KTB Financial Group Chairman Lee Byung-chul (seventh from the left) is taking a commemorative photo with representatives and executives of each affiliate after declaring the launch of the ESG Committee. (Provided by KTB Financial Group)

[Asia Economy Reporter Minwoo Lee] KTB Financial Group is launching full-scale ESG management by establishing a committee dedicated to ESG (Environmental, Social, and Governance).

On the 26th, KTB Financial Group announced that it had launched the 'ESG Committee,' an organization responsible for deciding ESG-related management strategies and policies, the day before. Through this, the group plans to review and improve key initiatives and strategic directions for sustainable growth. Choi Seok-jong, Vice Chairman of KTB Investment & Securities, was appointed as the committee chair. ESG organizations have been formed within each affiliate, and CEOs and executives serve as committee members.

At the inauguration ceremony held the day before, Lee Byung-chul, Chairman of KTB Financial Group, pledged that the group would take the lead in addressing environmental and social issues and make its best efforts to enhance transparency in governance. Vice Chairman Choi concretized the code of conduct for the group’s management activities through the declaration of ESG management principles.

A KTB Financial Group official stated, “With the launch of the ESG Committee as a turning point, we will expand the development and investment of ESG-related financial products and services and strengthen employee participation in social contribution activities,” adding, “We are reviewing various measures to internalize the ESG management system.”

This content was produced with the assistance of AI translation services.