KBank chosen for the world-class Bloomberg Gender-Equality Index (GEI) for the fourth consecutive year
KASIKORNBANK (KBank) has been included in the Bloomberg Gender-Equality Index (GEI) 2022. It is the first and only Thai financial institution to be chosen – for the fourth consecutive year – reflecting KBank’s achievement as an organization that adheres to the policy of promoting fair treatment of employees and fostering an inclusive culture that embraces different perspectives and ways of thinking in order to create sustainable value for all stakeholders.
Ms. Kattiya Indaravijaya, KBank Chief Executive Officer, said that KBank believes in the principles of a Bank of Sustainability, which are ingrained in our business operations to achieve balance in three dimensions, i.e., the economy, society and environment. We always have respect for diversity while prioritizing fair treatment of employees – from directors to staff members at all levels. Therefore, KBank is the first and only financial institution in Thailand to have been selected for inclusion in the Bloomberg Gender-Equality Index 2022, for the fourth consecutive year. KBank won a GEI Score of 83.81 percent, surpassing the average score of the global financial sector at 72.62 percent and the average GEI score (from all industries) at 71.01 percent. The accolade acknowledges KBank’s diversity management in terms of gender, age, education background, race and culture among our employees, customers, suppliers, communities and stakeholders in line with the United Nations’ Sustainable Development Goals (SDGs) (Goal 5: Gender Equality).
KBank has a management policy that focuses on equitable treatment in the workplace. In terms of diversity management, our focus is not only on gender equality. We uphold human rights principles wherein employees are treated equitably across many different dimensions, regardless of their gender, age, shape, race, education or home country. KBank has fostered the concept of diversity in the workplace, from the level of staff members to executives and the Board of Directors. We realize that diversity is conducive to new ideas and perspectives, allowing for well-rounded decision-making, thus enhancing efficiency in our business operations. Diversity acceptance has been ingrained into our organizational culture, where we value performance-based evaluation with equal treatment.
KBank operates our business in alignment with key legal principles and international standards such as the UN Guiding Principles on Business and Human Rights (UNGPs), International Labor Organization (ILO), International Bill of Human Rights and Principles of the United Nations Global Impact (UNGC). Additionally, KBank policies forbid any discrimination, harassment, or intimidation based on race, color, religion, gender, age, national origin, citizenship, sexual orientation, or disability, to ensure that all employees treat their colleagues with respect.
Ms. Kattiya said in closing, “KBank strongly believes that every member of our staff has their own strengths. We always encourage our staff members to unlock their fullest potential at work, thus leading to career advancement. Our focus is on fair employee treatment, which is a prelude to the creation of services for customers, allowing KBank to maintain its status as a leading financial institution, sustainably.”
