ESG Initiative Activities
KB Financial Group is actively participating in various ESG initiatives relevant in the financial sector to enhance our ESG strategy and performance.
TCFD (Task Force on Climate-related Financial Disclosures) |
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UNEP FI (United Nations Environment Programme Finance Initiative) |
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EU Taxonomy Working Group |
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WEPs (Women's Empowerment Principles) |
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PCAF (Partnership for Carbon Accounting Financials) |
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SBTi (Science Based Targets initiative) |
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NZBA (Net-Zero Banking Alliance) |
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RE100 (Renewable Energy 100%) |
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UNEP FI Working Group
To carry out tasks and achieve targets of UNEP FI Working Group, we have been operating internal councils since May 2020. We cooperate with major global financial companies to establish the global guidelines for managing the environmental risk in the financial industry.
Goals and Tasks of the Internal Council
Classification | Goals | Tasks |
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Principles for Responsible Banking (PRB) | Analysis of impacts from product and investment activities on environmental and social sectors and advancement of the UNEP FI Tool |
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Collective Commitment to Climate Action (CCCA) | Setup of goals by industry sector through benchmarking of climate-related data and advanced methodologies of global financial institutions |
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