On July 1, iM Financial Group announced the publication of its "2024-2025 Sustainability Management Report," which outlines the group's annual performance and plans across the areas of Environment, Social, and Governance (ESG).
iM Financial adhered to global ESG disclosure standards such as the GRI (Global Reporting Initiative) and the SASB (Sustainability Accounting Standards Board) industry standards. The report also underwent third-party verification by an independent assurance agency.
This year's report prioritized reporting issues based on a double materiality assessment. For the three core issues with the highest priority, the group proactively applied the disclosure standards of the International Sustainability Standards Board (ISSB), organizing the content around four pillars: governance, strategy, risk management, and metrics and targets.
The report introduces the results of an analysis of biodiversity risks, a recent area of stakeholder interest. It also includes a separate TCFD (Task Force on Climate-related Financial Disclosures) report, which provides detailed information on climate change response issues, as well as an "Impact Report" that quantifies the environmental and social outcomes generated by the group's various ESG management activities in monetary terms.
Hwang Byungwoo, Chairman of iM Financial Group, stated, "iM Financial Group continues to strive for a virtuous cycle of value creation based on trust with our stakeholders," adding, "We will continue to place ESG principles at the core of our management and pursue sustainable growth through challenge and innovation."
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