"Leading ESG Management"... KB Securities Publishes 2020 Sustainability Management Report
Explanation of ESG Strategy and Performance
[Asia Economy Reporter Minwoo Lee] KB Securities has published a report detailing its ESG (Environmental, Social, and Governance) management strategy and key achievements.
KB Securities announced on the 26th that it has released the "2020 KB Securities Sustainable Management Report" containing this information.
This report has been newly structured by expanding the previously published Corporate Social Responsibility (CSR)-focused sustainable management report into an ESG management system-centered report. It explains the ESG promotion strategy called "ESG Plus I" and outlines major ESG-related achievements.
The report includes efforts to reduce carbon emissions independently, expansion of ESG investments, investment-related strategies such as issuance of ESG bonds by companies, as well as activities aimed at enhancing customer-centric financial convenience, digital financial innovation, and leading financial consumer protection. It also covers social contribution activities such as employee development, organizational culture improvement, and initiatives to promote inclusive finance.
KB Securities has already established an ESG Solutions Team within its Research Center and executed approximately 300 billion KRW in ESG-related investments by the end of last year. Park Jung-rim
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Park Jung-rim and Kim Seong-hyun, CEOs of KB Securities, stated, "ESG management has now become an essential management strategy and a corporate obligation," adding, "As a financial company, we will do our best to expand the positive impact on the world through responsible ESG management practices."
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