Industrial Bank of Korea

Sustainability Report

Report overview

The report covers IBK's 2024 sustainability performance and describes a double materiality assessment, climate-risk scenario analysis, and board-level ESG oversight. It presents detailed GHG inventories and SBTi-validated financed-emissions targets, including operational carbon neutrality by 2040 and financed-emissions carbon neutrality by 2050. It also highlights SME green finance and ESG consulting, financial inclusion, human-rights management, employee safety, and digital accessibility initiatives.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

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

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
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
Employees
Women on the board
Women in management
Workplace fatalities
Net zero target

Materiality

Assessment
Basis

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