JB Financial Group declares ESG mission statement

JB Financial Group Chairman Kim Ki-hong, fourth from left, poses for a photo with JB Financial's ESG Committee Chairman Yoo Kwan-woo, fifth from left, and other company members during the firm's ESG mission declaration ceremony held at the group's Yeouido building in Seoul, Wednesday. Courtesy of JB Financial Group

By Anna J. Park

JB Financial Group released a “mission statement” Wednesday pledging its commitment to environmental, social and corporate governance goals as part of the group's mid- to long-term strategic vision.

Chairman Kim Ki-hong, group ESG Committee Chairman Yoo Kwan-woo and other key company officials gathered at the firm's Yeouido building to announce the group's ESG goals.

The group pledged various commitments, including eliminating climate change risks, achieving carbon neutrality, and ensuring ethical management and respect for human rights while advancing shareholders' values and rights.

“JB Financial Group plans to commit to ESG-led management activities, while closely communicating with clients, company members, shareholders and regional communities based on the firm's mid- to long-term ESG strategic mission,” an official from the group said.

JB launched its ESG committee in late March.