NongHyup Financial Group Inc.
NongHyup Financial Group Inc., commonly referred to as NH Financial Group, is a prominent financial services provider headquartered in South Korea (KR). Established in 1961, the group has significantly evolved, becoming a key player in the banking, insurance, and investment sectors across Asia. With a strong presence in both retail and corporate banking, NH Financial Group offers a diverse range of products and services, including loans, savings accounts, and insurance solutions tailored to meet the needs of its clients. The company is renowned for its commitment to customer service and innovative financial solutions, which have solidified its market position. Over the years, NH Financial Group has achieved notable milestones, including expanding its operations internationally, thereby enhancing its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does NongHyup Financial Group Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
NongHyup Financial Group Inc.'s score of 24 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
NongHyup Financial Group Inc.'s reported carbon emissions
In 2022, NongHyup Financial Group Inc. reported significant carbon emissions, totalling approximately 37,317,100,000 kg CO2e across all scopes. This figure includes 54,000 kg CO2e from Scope 1, 85,000 kg CO2e from Scope 2, and a staggering 37,317,100,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as capital goods (184,000 kg CO2e), business travel (222,000 kg CO2e), purchased goods and services (11,524,000 kg CO2e), and waste generated in operations (59,000 kg CO2e). In 2021, the group's emissions were lower, with Scope 1 emissions at 52,000 kg CO2e, Scope 2 at 160,000 kg CO2e, and Scope 3 at 5,900 kg CO2e. The previous year, 2020, saw Scope 1 emissions of 55,000 kg CO2e, Scope 2 at 133,000 kg CO2e, and Scope 3 at 10,070 kg CO2e. Despite these figures, NongHyup Financial Group has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for enhanced focus on sustainability and carbon footprint reduction within the organisation.
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Get Started| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 55,000 | 00,000 | 00,000 |
| Scope 2 | 133,000 | 000,000 | 00,000 |
| Scope 3 | 10,070 | 0,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NongHyup Financial Group Inc. is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
