Kyobo Securities headquarters in Yeouido, Seoul /Courtesy of Kyobo Securities

Kyobo Securities announced on the 14th that it has published an integrated report containing its environmental, social, and governance (ESG) management performance and sustainable management strategy.

This report includes specific actions to enhance sustainability and responsible management, centering on Kyobo Securities' ESG strategy of "Action for Positive Change," which aims to create positive changes in the world.

Kyobo Securities has been checking its ESG performance annually since it published its first integrated report in 2022 and continues to communicate with stakeholders.

The report reflects global disclosure standards, including Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-related Financial Disclosures (TCFD), and has increased its reliability and objectivity through third-party verification by the Korean Standards Association.

It also reflects the results of the "double materiality assessment" that comprehensively analyzes the impact of corporate activities on the environment and society and the effects of external changes on financial performance.

In particular, in the area of consumer rights protection, it established a three-phase mid-to-long-term roadmap aiming to achieve "consumer-centered management through communication innovation" by 2028 and presented plans to enhance customer trust.

Jeong Won-il, head of the Innovation Support Division, noted, "This report is a product that embodies the direction and willingness to practice ESG management that Kyobo Securities aims for," and added, "We will continue to lead sustainable finance through expanded ESG investment and responsible management."

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