KB Financial Group Selected for Bloomberg Gender-Equality Index for 4 Consecutive Years
[Asia Economy Reporter Buaeri] KB Financial Group announced on the 27th that it has been selected for the fourth consecutive year as a company included in the '2022 Bloomberg Gender-Equality Index (BGEI)'.
The BGEI is an index published by Bloomberg to provide investors with information on companies' Environmental, Social, and Governance (ESG) management status. It evaluates companies listed on U.S. stock exchanges with a market capitalization of over $1 billion across five categories: female leadership and talent development, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and women-friendly brands.
A total of 418 companies from 45 countries were included in the '2022 Bloomberg Gender-Equality Index' announced this year. KB Financial was selected alongside global financial firms such as Goldman Sachs, S&P, and Bank of America.
KB Financial operates customized training programs to strengthen the capabilities of female talent, and among its seven outside directors, it has two female outside directors, the first among domestic financial holding companies. The company is implementing practical measures for gender equality, including expanding female executives and middle managers and establishing principles for female staff at KB Kookmin Bank headquarters.
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A KB Financial official stated, "Being included in the Bloomberg Gender-Equality Index for four consecutive years is a recognition of KB Financial's ESG management efforts and achievements that emphasize diversity and inclusion," adding, "Going forward, KB Financial Group will continue to lead as a pioneering ESG management group by strengthening female talent capabilities and promoting a culture of gender equality."
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