BNK Financial Group Publishes 2024 Sustainability Management Report

Reflection of Double Materiality Assessment and International Disclosure Frameworks

BNK Financial Group announced on June 30, 2025, that it has published its 2024 Sustainability Management Report, which details its activities and achievements in the areas of Environment, Social, and Governance (ESG).

Since 2012, BNK Financial has published an annual ESG report. This thirteenth edition is notable for further advancing the "double materiality assessment" approach from the European Union's Corporate Sustainability Reporting Directive (CSRD) and for proactively applying the disclosure standards of the Korea Sustainability Standards Board (KSSB). In particular, the double materiality assessment process now includes the identification of key issues across the entire corporate value chain and the evaluation of their priorities. The report also comprehensively covers the major achievements under each of BNK Financial's ESG strategic directions.

In the Environment (Green Finance) section, the report presents the current status of greenhouse gas emissions and reduction targets, and emphasizes practical activities such as establishing a management system for eco-friendly financial products to achieve carbon neutrality, expanding technology-driven growth investments for the transition to a low-carbon economy, and further advancing environmentally friendly management practices.

In the Social (Mutual Growth Finance) section, the report details various achievements aimed at revitalizing the local economy and creating social value. It also describes BNK Financial's efforts to support fair growth for all through the establishment of an ESG ecosystem in the southeastern region, the expansion of inclusive finance, and social contribution activities.

In the Governance (Sound Finance) section, the report highlights efforts to establish transparent and responsible governance, including strengthening the ESG risk management system, fostering a culture of ethical and compliant management, and enhancing human rights risk management. BNK Financial explained that these concrete activities demonstrate its commitment to establishing responsible governance.

The report also features a separate "Special Page" that focuses on the essential role of finance in ensuring the sustainability of local communities. This section covers achievements in sustainable finance support, family-friendly financial products to address low birth rates, the operation of a digital citizen platform, and responses to biodiversity issues (applying TNFD standards). For the first time this year, the company introduced the Taskforce on Nature-related Financial Disclosures (TNFD) framework, clearly stating its awareness of corporate responsibility and response strategies for natural capital and ecosystem preservation.

Kang Jonghoon, Head of Strategic Planning at BNK Financial Group, stated, "This report is the result of BNK's commitment to and implementation of ESG management, with a focus on providing more reliable information to domestic and international stakeholders." He added, "We will continue to strengthen our ESG leadership by actively contributing to sound financial practices and the creation of social value for sustainable growth."