Db Insurance, officially known as DB Insurance Co., Ltd., is a prominent player in the South Korean insurance industry, headquartered in Seoul. Established in 1962, the company has evolved significantly, marking key milestones in its journey, including the expansion of its service offerings and technological advancements in insurance solutions. Specialising in a diverse range of products, Db Insurance provides comprehensive coverage options, including life, health, and property insurance. What sets them apart is their commitment to customer-centric services and innovative risk management solutions tailored to meet the unique needs of their clients. With a strong market position, Db Insurance is recognised for its reliability and financial stability, making it a trusted choice for individuals and businesses alike in South Korea and beyond.
How does Db Insurance'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.
Mean score of companies in the Insurance 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.
Db Insurance's score of 42 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, DB Insurance reported total carbon emissions of approximately 3,600,143,000 kg CO2e. This figure includes 2,606,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 24,031,000 kg CO2e from Scope 2 emissions, related to the generation of purchased electricity. Notably, Scope 3 emissions, which cover indirect emissions from the value chain, amounted to approximately 1,723,083,000 kg CO2e, primarily driven by investments and business travel. Over the years, DB Insurance has shown a commitment to addressing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. In summary, while DB Insurance has made strides in measuring its emissions, further details on specific reduction targets or climate pledges are currently unavailable. The company continues to monitor and report its emissions, reflecting an ongoing commitment to sustainability within the insurance industry.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 3,335,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 21,664,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 460,000 | 000,000 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Db Insurance 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.