IBK Industrial Bank, Awarded 'Carbon Management Sector Honors' for 2 Consecutive Years

Improvement Achievements in Business Strategy, Portfolio Impact, and Supply Chain Management

IBK Industrial Bank announced on the 14th that it received the 'Carbon Management Sector Honors' at the '2023 CDP Korea Awards' held on the 13th.

CDP (Carbon Disclosure Project) is an organization that annually evaluates and discloses the climate change response and water management performance of major listed companies worldwide, regarded as the most reliable sustainability assessment. The 'CDP Korea Awards,' hosted annually by the CDP Korea Committee, honors companies with outstanding evaluation results. The 'Carbon Management Sector Honors' selects high-scoring companies across nine sectors, including finance.

IBK Industrial Bank earned a 'Leadership A-' rating in the '2023 CDP Evaluation,' marking its second consecutive year receiving the 'Carbon Management Sector Honors.' Improved scores in climate change-related business strategies, portfolio impact, and supply chain management contributed to its selection as an excellent company. A representative from IBK Industrial Bank stated, "We will continue to strive to solidify our efforts in carbon neutrality and green finance."

Meanwhile, IBK Industrial Bank has consistently been recognized for its ESG management achievements in various areas, including receiving the 'Best Sustainable Finance Bank Award' selected by the global financial magazine Global Finance.

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