"Strengthening ESG Disclosure"
IBK Industrial Bank announced on June 30 that it has published its 2025 Sustainability Management Report, which details its performance in environmental, social, and governance (ESG) management.
The report highlights achievements related to top issues identified through double materiality assessment, such as responding to climate change, supporting the growth of small and medium-sized enterprises, and strengthening risk management, as its main themes.
Double materiality assessment is a method that identifies key ESG issues by considering both the impact a company has on the environment and society, and the effect external factors have on the company’s financial performance.
The bank explained that, during the report’s preparation, it applied the Taskforce on Nature-related Financial Disclosures (TNFD) methodology to analyze the mutual impacts between the company and nature. Through this, IBK Industrial Bank believes it has established a foundation for systematic management of natural capital.
The report also disclosed major achievements such as the establishment of a green loan strategy, the creation of a climate technology fund, and the launch of the IBK Small Business Value Finance Coexistence Fund.
An IBK Industrial Bank official stated, “This year, we have included an ESG data pack to more efficiently deliver ESG information to stakeholders,” adding, “We will continue to communicate with stakeholders regarding key ESG issues.”
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