Industrial Bank of Korea 2024 SR
The 2024 IBK Sustainability Report details the bank's progress toward its 'Value-Creating Finance' vision, focusing on SME support and climate action. IBK achieved a significant milestone as the first Korean policy financial institution to receive SBTi validation for its 2040 operational and 2050 financed emission reduction targets. The bank expanded its ESG finance portfolio, notably issuing a USD 600 million Gender Bond and launching the first RE100 fund in Korea. Socially, IBK matched 220,000 jobs for SMEs and enhanced financial accessibility for vulnerable groups. The report also highlights IBK's robust information security, maintaining zero data breaches for 13 consecutive years.
Company: Industrial Bank of Korea
Sector: Financials
Country: South Korea
Year: 2024
Type: SR
Pages: 148
Industrial Bank of Korea
Sustainability Report
The 2024 IBK Sustainability Report details the bank's progress toward its 'Value-Creating Finance' vision, focusing on SME support and climate action. IBK achieved a significant milestone as the first Korean policy financial institution to receive SBTi validation for its 2040 operational and 2050 financed emission reduction targets. The bank expanded its ESG finance portfolio, notably issuing a USD 600 million Gender Bond and launching the first RE100 fund in Korea. Socially, IBK matched 220,000 jobs for SMEs and enhanced financial accessibility for vulnerable groups. The report also highlights IBK's robust information security, maintaining zero data breaches for 13 consecutive years.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jul 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees