KB Financial Group Inc 2024 SR

The report outlines KB Financial Group's sustainability strategies and performance for 2024, focusing on five material issues: enterprise risk management, climate change strategy, inclusive finance, protection of financial consumers, and digital innovation and technology. The company disclosed its climate-related risks and opportunities in accordance with IFRS Sustainability Disclosure Standards S1 and S2, detailing its transition and physical risk scenario analyses up to 2050. KB Financial Group reported a reduction in its Scope 1 and 2 operational emissions to 123,545 tCO2eq under SBTi standards and 155,324 tCO2eq under ISSB standards. Additionally, the group highlighted its inclusive finance initiatives, consumer protection frameworks, and digital innovation strategies, including the implementation of AI governance.

Company: KB Financial Group Inc

Sector: Financials

Country: South Korea

Year: 2024

Type: SR

Pages: 192

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KB Financial Group Inc

KB Financial Group Inc 2024 Sustainability Report

Sustainability Report

The report outlines KB Financial Group's sustainability strategies and performance for 2024, focusing on five material issues: enterprise risk management, climate change strategy, inclusive finance, protection of financial consumers, and digital innovation and technology. The company disclosed its climate-related risks and opportunities in accordance with IFRS Sustainability Disclosure Standards S1 and S2, detailing its transition and physical risk scenario analyses up to 2050. KB Financial Group reported a reduction in its Scope 1 and 2 operational emissions to 123,545 tCO2eq under SBTi standards and 155,324 tCO2eq under ISSB standards. Additionally, the group highlighted its inclusive finance initiatives, consumer protection frameworks, and digital innovation strategies, including the implementation of AI governance.

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Document Details

Report Year

2024

Reporting Period

2024

Fiscal Year

2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Other Standards

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

Emissions

Scope 1:

Scope 2:

Energy Consumption

Net Zero Target