Industrial Bank of Korea

Sustainability Report

Report overview

The report presents IBK's 2022 sustainability performance through a double materiality assessment, extensive ESG finance and SME support, and climate-risk management. It sets carbon neutrality targets for IBK's own emissions by 2040 and financial assets by 2050, while reporting verified Scope 1 and 2 emissions and a partial Scope 3 total. The report also documents Board-level ESG oversight, GRI-aligned reporting, and participation in major responsible-finance initiatives.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Publication date: 1 July 2023
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 2 emissions
Scope 3 emissions
Energy consumption
Water consumption
Waste
Employees
Women on the board
Women in management
Workplace fatalities
Net zero target

Materiality

Assessment
Basis

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