JB Financial prioritizes climate, investor protection, risk management to bolster ESG initiatives

JB Financial Group will continue to prioritize climate change, community engagement, investor protection and risk management to bolster environmental, social and governance (ESG) initiatives, the group said Thursday. In its annual ESG strategy report, JB Financial said its nonfinancial business achievements included the establishment of an integrated climate risk management system. Also notable was the group’s implementation of renewable energy sourcing based on the RE100 drive, with quantitative analysis of corporate social responsibility efforts and its outcomes, as well as higher scoring in ESG ratings. RE100 drive's goal is to use renewable resources for all energy, including for electricity, heating, cooling and transport. This is motivated by climate change, pollution and other environmental issues, as well as economic and energy security concerns. JB said it launched loan products targeting the private RE100 market, an effort recognized as exemplary in its support for Korean companies pursuing RE100 goals in achieving carbon neutrality. The report said the group made significantWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times