Kyobo Securities announced on July 14 that it has published its "2024 Integrated Report," which details its ESG (Environmental, Social, and Governance) management performance and sustainable management strategies.
This report centers on Kyobo Securities' ESG strategy, "Action for Positive Change," which aims to create positive change in the world through responsible actions. It includes specific initiatives to strengthen sustainability and responsible management. The report reflects global disclosure standards such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-related Financial Disclosures (TCFD). Its reliability and objectivity have been enhanced through third-party verification by the Korean Standards Association.
Additionally, the report incorporates the results of a "double materiality assessment," which comprehensively analyzes the impact of corporate activities on the environment and society, as well as the impact of external changes on financial performance. Based on this assessment, the report presents strategies and execution outcomes for three key issues: responding to climate change, protecting consumer rights and interests, and ensuring customer information and data security.
In particular, in the area of consumer rights protection, the company has established a three-phase mid- to long-term roadmap through 2028 with the goal of "realizing financial consumer-centric management through communication innovation," and has outlined plans to enhance customer trust.
Furthermore, the report provides detailed information on company-wide sustainability initiatives, including eco-friendly management, a culture of respect for employees, community engagement, governance, ethical and compliant management, digital and innovative finance, and ESG finance.
Jung Wonil, Head of Change and Innovation Support, stated, "This report embodies the direction and commitment of Kyobo Securities to ESG management," adding, "We will continue to lead sustainable finance through expanded ESG investment and responsible management."
Since publishing its first integrated report in 2022, Kyobo Securities has continued to review its ESG achievements annually and maintain ongoing communication with stakeholders.
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