KB Securities Practices Care by Improving Child Care Facility Environments

KB Securities announced on November 17 that it held completion ceremonies for domestic "Rainbow Classrooms" at Jaehye-won, a child care facility in Uiseong, Gyeongbuk, on the 5th, and at Gidok Sam-Ae-Won in Iksan, Jeonbuk, on the 12th.

At the completion ceremony of the KB Securities Rainbow Classroom held on the 5th at Jaehyewon, a child welfare facility in Uiseong, Gyeongbuk, (from left) Jang Seongjun, Head of Eastern Regional Headquarters at Save the Children, Park Junhyun, Head of Brand Strategy Department at KB Securities, Park Miso, Director of Jaehyewon, Jeong Eunjin, Head of Eastern Regional Headquarters at KB Securities, and Kim Heegwon, Head of ESG Business Division at Save the Children, are posing for a commemorative photo.

The Rainbow Classroom project is KB Securities' flagship social contribution initiative aimed at improving educational and play environments for children both in Korea and abroad. Reflecting KB Securities' ESG (Environmental, Social, and Governance) management philosophy of nurturing future generations, the company has completed 25 Rainbow Classrooms domestically and 15 overseas since 2009.

This year's domestic Rainbow Classroom project was carried out in collaboration with Save the Children, an international child rights NGO, to improve the environments of child care facilities with a focus on child participation in response to the climate crisis. The selection process included an open call for participating institutions, document reviews, and on-site evaluations by experts.

In particular, this year the number of project sites was increased to two, with one of them being Jaehye-won in Uiseong, Gyeongbuk, which suffered severe damage from a large wildfire this spring. As Jaehye-won has been in operation for over 70 years, its facilities were significantly outdated. Through this project, major interior remodeling and replacement of heating and cooling systems were supported.

Gidok Sam-Ae-Won in Iksan, Jeonbuk, has also been operating for more than 40 years. The facility had exposed pipes and electrical wiring in the living quarters, posing safety risks, and its heating and cooling systems were also severely outdated. The project supported floor leveling, wallpapering, and replacement of heating and cooling systems.

From the early stages of construction, child participation workshops were held, allowing the diverse opinions of children and teachers to be reflected in the design plans. Additionally, special lectures on the UN Convention on the Rights of the Child and educational programs for children were conducted, taking educational aspects into consideration.

Kim Sunghyun and Lee Honggu, CEOs of KB Securities, stated, "The Rainbow Classroom project has been KB Securities' flagship social contribution initiative for 16 years, aimed at creating living environments for future generations. We will continue to pay attention to various areas of our society and strive to be a company that practices ESG management."

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