IBK Industrial Bank, 2021 Sustainability Management Report Published
Change and Innovation... Reflecting Commitment to ESG Management
[Asia Economy Reporter Jin-ho Kim] IBK Industrial Bank announced on the 6th that it has published its 2021 Sustainability Management Report.
The report contains IBK's differentiated ESG (Environmental, Social, and Governance) management strategies and achievements, as well as its management commitment focusing on change and innovation.
In particular, it explains responsible activities as a government policy financial institution aimed at carbon neutrality and overcoming the COVID-19 crisis, and introduces various newly attempted systems such as the Employee Rights Protection Officer and open positions.
Additionally, it enhanced the reliability of disclosures by reflecting the recommendations of the Task Force on Climate-related Financial Disclosures and the U.S. Sustainability Accounting Standards Board.
President Yoon Jong-won stated through the report, "IBK Industrial Bank, established to support financing for small and medium-sized enterprises, inherently embodies ESG, but efforts in eco-friendly and governance areas must also be strengthened," and added, "We will strengthen support so that SMEs are not left behind in ESG."
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Meanwhile, the 2021 Sustainability Management Report can be found on the IBK Industrial Bank website and the Financial Supervisory Service's electronic disclosure system (DART).
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