JB Financial Group has stepped up its efforts on Environmental, social and governance (ESG) management by declaring an ESG mission.
JB Financial Group held an "ESG Mission Declaration Ceremony" on June 30 with members of the group's ESG committee. At the meeting, JB Financial Group announced its mid-to long-term strategy for ESG management and declared an ESG mission "Let's go with JB Financial for a better future."
JB Financial Group selected its strategic tasks such as responding to climate risks, implementing carbon neutrality (environmental), upgrading ethical management, establishing a human rights risk management system (social sector), improving shareholder rights and board of directors.
In particular, it is planning to strengthen its capabilities in environmental field among ESG field this year. To realize this, JB Financial Group is participating as a signing agency for the Carbon Disclosure Project (CDP).
In the second half of this year, the company plans to focus on climate risk management activities by participating in the declaration of support for the Task Force on Climate-Related Financial Disclosures (TCFD).
Meanwhile, at the end of March this year, JB Financial Group established an ESG Committee. It is strengthening the group's ESG management efficiency by operating the ESG Council and the ESG Working-level Council for the purpose of seamless communication with ESG organizations of each affiliates.
Based on its newly established ESG strategy and mission, JB Financial Group said it will carry out ESG management activities while closely communicating with stakeholders such as customers, executives, shareholders, partners, and communities.