Dgb Financial
DGB Financial Group, commonly referred to as DGB, is a prominent financial services provider headquartered in Daegu, South Korea. Established in 1967, the company has evolved into a key player in the South Korean financial sector, with significant operations across the Gyeongsangbuk-do region and beyond. DGB offers a diverse range of services, including banking, asset management, and insurance, distinguished by its commitment to customer-centric solutions and innovative financial products. The group has achieved notable milestones, such as expanding its digital banking capabilities and enhancing its service portfolio to meet the evolving needs of clients. With a strong market position, DGB Financial Group is recognised for its robust financial performance and dedication to sustainable growth, making it a trusted name in the industry.
DitchCarbon Score
How does Dgb Financial'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 Services Auxiliary to Financial Intermediation 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
Dgb Financial's score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dgb Financial's reported carbon emissions
In 2023, DGB Financial reported total carbon emissions of approximately 28,689,752 kg CO2e, with emissions distributed across various scopes: 2,843,003 kg CO2e from Scope 1, 23,125,116 kg CO2e from Scope 2, and 2,721,633 kg CO2e from Scope 3. The combined emissions from Scope 1 and 2 amounted to about 25,968,000 kg CO2e. DGB Financial has set near-term targets aligned with a 1.5°C pathway, aiming to cover 23% of its total investment and lending activities by monetary value as of 2021. These targets are designed to address greenhouse gas emissions from the company's operations (Scopes 1 and 2) and are consistent with the reductions necessary to limit global warming to 1.5°C. In previous years, DGB's emissions have shown fluctuations, with 2022 emissions recorded at approximately 20,311,000 kg CO2e for Scope 1 and 2 combined, and a significant Scope 3 emission of about 4,721,632,000 kg CO2e. The company continues to focus on enhancing its climate commitments and reducing its carbon footprint in the financial sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,579,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,187,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000 |
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.
Dgb Financial is participating in some of the initiatives that 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.
