KB Kookmin Bank Awarded '2021 Green Finance Excellence Company'

Awarded the Minister of Environment Prize in the Leading Green Finance Excellent Bank Category

On the 6th, at the Conrad Hotel Yeouido, (right) Heo In, President of KB Kookmin Bank, and (left) Han Jeong-ae, Minister of Environment, are taking a commemorative photo at the '2021 Green Finance Excellence Awards Ceremony.'

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 7th that it was selected as an outstanding leading green finance bank and received the Minister of Environment Award at the 2021 Green Finance Excellence Awards hosted by the Ministry of Environment.

The awards ceremony held the previous day at the Conrad Hotel in Yeouido, Yeongdeungpo-gu, Seoul, was attended by Minister of Environment Han Jeong-ae, KB Kookmin Bank President Hur In, and representatives of companies selected as outstanding green finance enterprises.

The '2021 Green Finance Excellence Awards' were held by the Ministry of Environment and the Korea Environmental Industry & Technology Institute to promote the early establishment of environmentally responsible investment and the activation of green finance. KB Kookmin Bank received high marks for its active participation in international initiatives and its concrete establishment and implementation of carbon neutrality plans, earning the honor of being selected as an 'Outstanding Leading Green Finance Bank.'

Based on the group's mid- to long-term carbon neutrality strategy, 'KB Net Zero S.T.A.R,' KB Kookmin Bank has been actively promoting carbon neutrality for the group's internal carbon emissions and asset portfolio. Through the 'KB Green Wave Pil (必) Environment Campaign,' which involves employees and customers, the bank is carrying out various eco-friendly activities for carbon neutrality, such as reducing paper passbooks, copy paper, and disposable products.

Additionally, KB Kookmin Bank issued green bonds worth 100 billion KRW in March and has been striving to spread and establish green finance by launching eco-friendly products such as the 'KB Green Wave ESG Excellent Corporate Loan' and the 'KB Green Wave 1.5℃ Financial Product.'

A KB Kookmin Bank official said, “We are pleased to be recognized for our active promotion of green finance and ESG management,” and added, “We will continue to take the lead in fulfilling our role in activating green finance, which is key to carbon neutrality, befitting the status of an outstanding leading green finance bank.”

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