“Strengthening Women’s Competency and Leading Gender Equality”
KB Financial Group announced on the 28th that it was selected as a ‘2021 Bloomberg Gender-Equality Index (GEI)’ company for the third consecutive year. It is an evaluation that the efforts and achievements that contributed to the promotion of gender equality have been recognized internationally.
GEI is an index released by Bloomberg to inform investors about the current status of companies’ ESG (environmental, social, governance) management. It is investigating companies listed on the US stock exchange with a market capitalization of over $1 billion. It evaluates gender equality policies and efforts in five areas: female leadership and talent development, gender wage equality, inclusive culture, sexual harassment policy, and female-friendly brands.
This year’s Bloomberg Gender Equality Index selected 380 companies from 44 countries. Including KB Finance, many advanced global companies such as Goldman Sachs, S&P, and Bank of America were included.
KB Financial Group, which is the first Korean financial holding company to have two female outside directors on the board of directors, is rapidly pursuing ESG management practices at the group level, including gender equality, centered on the ESG Committee. As an official support organization for the principle of strengthening women’s capabilities, it is continuously expanding its customized education to foster women’s talents and spreading a culture of gender equality through mediation of women’s talents.
In addition, it operates specialized training courses for female talents, such as WE STAR mentoring, a program to strengthen group women’s leadership, KB Insurance’s Dream Campus, and KB Securities’ Value-up Course. Practical efforts are being made such as expanding female executives and establishing the principle of 20% (department manager), 30% (team leader), and 40% (team member) female workforce at the headquarters centered on KB Kookmin Bank.
An official from KB Financial Group said, “The incorporation of the Bloomberg gender equality index for three consecutive years was a result of being recognized for active ESG management efforts.” I will do my best,” he said.
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