IBK Industrial Bank Introduces Over 200 Electric Vehicles for Business Use

Replacement of 80% of All Vehicles by 2023

[Asia Economy Reporter Jin-ho Kim] IBK Industrial Bank announced on the 9th that it has introduced about 200 eco-friendly electric vehicles to its headquarters and nationwide branches to actively participate in greenhouse gas reduction activities.

Starting with this introduction, the bank plans to convert more than 80% of its entire fleet to electric vehicles by 2023. Yoon Jong-won, president of IBK Industrial Bank, said, "As a policy bank, we will continue various activities to promote ESG management and practice carbon neutrality."

Since 2019, IBK Industrial Bank has been serving as a carbon credit market maker. Recently, it was selected as an observer institution for the 'Platform Project' conducted by the World Bank (WB) to enhance the efficiency of the global carbon market, and it continues to carry out activities for carbon neutrality.