IBK Industrial Bank Publishes 'ESG Guide' for SMEs

[Asia Economy Reporter Jin-ho Kim] IBK Industrial Bank announced on the 31st that it has published the ‘ESG Guide for Small and Medium Enterprises (SMEs),’ which provides an understanding of ESG (Environmental, Social, and Governance) management and practical tasks for SMEs.

The guide is characterized by addressing the low accessibility of ESG management materials, which are mostly centered on large corporations, for SMEs. The main contents of the guide include ▲ What is ESG management ▲ Why ESG management is necessary ▲ What SMEs should do for ESG management ▲ Information on government and major institutions’ support programs for SME ESG management.

Yoon Jong-won, President of IBK, said, “We published the guide to help SMEs understand and practice ESG management,” and added, “We will continue to strengthen related support to raise ESG awareness among SMEs and help them achieve sustainable growth.”

The ‘ESG Guide for Small and Medium Enterprises’ is scheduled to be distributed to branches nationwide in early next month. It can also be accessed on the IBK Industrial Bank website and the IBK Economic Research Institute website.

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