IBK Securities Focuses on ESG as a Future Management Key Topic

CEO Seobyungki Urges ESG Management Practice and Business Opportunity Exploration

[Asia Economy Reporter Minji Lee] IBK Investment & Securities announced on the 13th that ESG (Environmental, Social, and Governance) should be focused on as a mega trend this year and that it will actively practice ESG management.

At the '2022 Theme Discussion Meeting' held both online and offline the previous day, presentations were made on three topics: ▲inflation and interest rate hikes ▲international relations and regulations ▲the relationship between virtual assets and traditional assets, followed by free discussions among participants on each topic.

Among these, national-level implementation plans for environmental regulations, including the global regulatory trend of carbon neutrality policies, and corporate responses related to these attracted attention.

Shin Gwangheon, Head of the Carbon Finance Department, said, “As South Korea has confirmed to reduce carbon emissions by more than 35% by 2030, it is necessary to closely examine the impact of the market’s own cycle and government policy directions on the carbon finance market, such as carbon emission permit prices.”

Lee Seunghoon, Head of the Research Division, also forecasted, “In the stock market, ESG including environmental issues will become a major topic over the next 2 to 3 years, and related stocks will attract attention regardless of whether they are listed or unlisted.”

CEO Seo Byunggi emphasized, “Eco-friendly issues such as carbon neutrality will bring about fundamental changes not only in the carbon finance market but also in industrial structure reform,” adding, “We must focus on ESG as a mega trend that will lead changes in our society over the next 20 to 30 years.” He further added, “I hope that insights will be gained on which factors are opportunities and threats in each field and how to respond, thereby discovering new business opportunities.”

Meanwhile, IBK Investment & Securities has been striving to practice ESG management and diversify business opportunities by establishing an ESG council last year and creating a Carbon Finance Department within the Sales & Trading Division.

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