KB Financial Group.
KB.US | Activities of holding companies
KB Financial Group Inc. is a financial holding company. The Company provides a range of financial services and products for both retail and corporate customers. Its segments include Corporate Banking, Retail Banking, KB Securities, KB Insurance, KB Kookmin Card, KB Capital, KB Asset Management, and ...Show More
Better Health for All
0
KB Financial Group operates mental health initiatives, including 5 Golden Life Centers providing dementia support, with plans to expand to 12 centers nationwide.
1
The company also launched a senior tech pilot project to modernize care facility infrastructure.
2
Its principal goods and services are financial, which have no significant direct health impact. The company excludes projects related to alcohol and tobacco from fund support targets.
3
Several KPIs, such as safety record, pharma patent flexibility, nutrition and food safety, addiction mitigation, and clinical trial ethics, are not applicable to the company's business model. Other KPIs could not be scored due to a lack of specific quantitative data, including the percentage of revenue from harmful products, affordability of health products, extent of health access for vulnerable populations, share of R&D for health innovation, scale of health externalities, funding for health equity programs as a percentage of revenue, support for healthcare workforce, investment in preventative health measures as a percentage of expenditure, specific health data responsibility, global health crisis response, or health education initiatives.
Fair Money & Economic Opportunity
0
KB Financial Group offers MyData-based services, including a My Cash Flow Service with 250,000 monthly active users
1
and a Public MyData Service with 13.0 million cumulative uses
2
. The company is also enhancing its 'Open Pay Platform' with new technologies
3
. These initiatives indicate the provision of open APIs and user dashboards for customer data portability.
Fair Pay & Worker Respect
50
In 2022, 85.1% of employees were covered by a labor union.
1
The ratio of female to male employees' base salary and base salary plus other cash incentives was 100% for executives, management, and non-management positions.
2
The employee engagement score was 82.5 points in 2022.
3
The total turnover rate in 2022 was 6.3%.
4
Fair Trade & Ethical Sourcing
0
The provided articles are policy documents and summaries that explicitly state a lack of quantitative data for all KPIs related to Fair Trade & Ethical Sourcing
1
,
2
,
3
. No specific numbers, dates, events, policies, actions, or outcomes regarding fair-trade certification, audit frequency, forced/child labor incidents, traceability, remediation speed, ethical clause coverage, materials risk, or supplier diversity spend were found
4
,
5
,
6
. Therefore, no KPIs can be scored
7
,
8
,
9
.
Honest & Fair Business
0
KB Financial Group has a comprehensive anti-corruption framework, including an Ethics Charter established in January 2010
1
, a Code of Conduct, and a Compliance & Ethics program
2
. The company implements regular anti-corruption and compliance education and training
3
, pre-approval of external activities
4
, a self-diagnosis checklist for ethical conflicts
5
, an integrity contract system
6
, and monitoring programs
7
. It also has a Compliance Support Department with a compliance officer
8
, a Follow-up Management System (FMS)
9
, and dedicated internal and external reporting channels
10
. Reporting on these programs is conducted to the Board of Directors, Audit Committee, and Internal Control Committee
11
.
Kind to Animals
0
As a financial services company, KB.US does not engage in activities such as product manufacturing, animal testing, or animal agriculture, making most KPIs related to animal welfare not applicable.
1
While the company undertakes wildlife conservation initiatives like the K-Bee Project and the KB Sea Forestation Project, the provided articles do not contain specific quantitative data on measurable biodiversity impact, species recovery metrics, or the percentage of revenue invested in these initiatives, which are required by the rubric for scoring.
2
Similarly, the company's public policy engagement focuses on climate and ESG, not specifically animal welfare.
3
No War, No Weapons
-50
A board member supervises the management of risks related to financing exports of weapons and military material to high-risk countries and those with undemocratic and authoritarian governments.
1
KB Financial Group established a human rights policy in November 2021.
2
However, a BankTrack Human Rights Benchmark Asia 2022 assessment scored the company 4 out of 14, ranking it as a "Follower," with specific low scores for due diligence (0.5/5), reporting (1/3), and remedy (0.5/3).
3
Planet-Friendly Business
0
No evidence available to assess KB Financial Group on Planet-Friendly Business.
Respect for Cultures & Communities
-50
KB Financial Group demonstrated a non-response to rights violations linked to Moorim P&P's pulpwood plantation.
1
The company has 3 formal partnerships: with the Ministry of Education for all-day care system support, with the Korea Family Center Association for global family support, and with 795 schools across the country for financial education.
2
Safe & Smart Tech
-40
KB Financial Group was suspended for 3 months and fined $5,640 by the South Korean Financial Supervisory Commission for insufficient security.
1
Zero Waste & Sustainable Products
0
No quantitative data or specific initiatives related to waste, zero-waste, or sustainable products were found in the provided article. The company's 2024 sustainability report, released in June 2025, adheres to Global Reporting Initiative Standards 2021
1
but does not contain metrics relevant to this ethical value.
2