ESG Initiatives
Kyobo Life has joined and cooperated with and various global sustainable management initiatives
- UNGC (UN Global Compact)
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- Joined as the first company among Korean life insurers in September 2010
- Voluntary global initiatives on social responsibility supporting ten (10) principles in four (4) areas(human rights, labor, environment, and anti-corruption)
- WEP's (Women's Empowerment Principles)
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- Joined in 2019
- An initiative jointly launched by UNGC and UN Women which strives to achieve gender equality and empowerment of women in workplace
- CDP (Carbon Disclosure Project)
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- Joined in May 2021 as a signatory
- Global environmental initiative that asks enterprises to disclose environmental management information
- UNEP FI (UN Environmental Program Financial Initiative)
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- Joined in January 2022
- Partnership between UNEP and global financial sector for sustainable finance
- PSI (Principles for Sustainable Insurance)
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- Joined in January 2022
- Global initiative launched by UNEP FI for sustainable development of insurance industry
- TCFD (Task force on Climate-related Financial Disclosures)
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- Joined in January 2022
- Task force for recommending voluntary disclosure of corporate impact in relation to climate change
- ‘Initiative’ refers to self-regulation in the form of codes of conduct of guidelines for global companies.
Companies join initiatives that reflect the characteristics of their industry and encourage each other to implement them