Industrial Bank of Korea 2025 SR

The report outlines the sustainability achievements and strategies of Industrial Bank of Korea (IBK) for the fiscal year 2024. Key highlights include providing KRW 75 trillion in funding to support small and medium-sized enterprises (SMEs) and supplying KRW 2.7 trillion in green finance. The company also completed the construction of the Hanam Data Center, becoming the first financial institution in Korea to obtain Zero Energy Building (ZEB) certification. Additionally, IBK obtained validation from the Science Based Targets initiative (SBTi) for its carbon reduction targets, aligning with its goal to achieve carbon neutrality by 2040 for internal operations and by 2050 for financial assets.

Company: Industrial Bank of Korea

Sector: Financials

Country: South Korea

Year: 2025

Type: SR

Pages: 172

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Industrial Bank of Korea

Industrial Bank of Korea 2025 Sustainability Report

Sustainability Report

The report outlines the sustainability achievements and strategies of Industrial Bank of Korea (IBK) for the fiscal year 2024. Key highlights include providing KRW 75 trillion in funding to support small and medium-sized enterprises (SMEs) and supplying KRW 2.7 trillion in green finance. The company also completed the construction of the Hanam Data Center, becoming the first financial institution in Korea to obtain Zero Energy Building (ZEB) certification. Additionally, IBK obtained validation from the Science Based Targets initiative (SBTi) for its carbon reduction targets, aligning with its goal to achieve carbon neutrality by 2040 for internal operations and by 2050 for financial assets.

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Document Details

Report Year

2025

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees