Db Insurance, officially known as DB Insurance Co., Ltd., is a prominent player in the South Korean insurance industry, headquartered in Seoul, KR. Founded in 1962, the company has established itself as a leader in various sectors, including life, non-life, and health insurance, catering to a diverse clientele across the nation. With a commitment to innovation, Db Insurance offers a range of unique products and services designed to meet the evolving needs of its customers. The company is particularly noted for its comprehensive coverage options and customer-centric approach, which have earned it a strong market position in South Korea. Over the years, Db Insurance has achieved significant milestones, reinforcing its reputation as a reliable insurance provider. Its dedication to excellence and continuous improvement has positioned it as a trusted choice for individuals and businesses alike in the competitive insurance landscape.
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 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 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, DB Insurance reported total greenhouse gas emissions of approximately 25,000,000 kg CO2e, comprising 2,632,000 kg CO2e from Scope 1, 22,808,000 kg CO2e from Scope 2, and 143,000 kg CO2e from Scope 3 emissions. Over the years, the company has shown a commitment to reducing its carbon footprint, with emissions in 2020 at about 25,228,000 kg CO2e, indicating a slight decrease in total emissions. DB Insurance has not publicly set specific reduction targets or climate pledges, which may limit its ability to align with industry standards for climate action. However, the company continues to monitor and report its emissions, reflecting a level of transparency in its environmental impact. The focus on Scope 1 and Scope 2 emissions, primarily from fuel and electricity use, highlights areas where further reductions could be achieved. Overall, while DB Insurance has made progress in tracking its emissions, the absence of defined reduction initiatives suggests an opportunity for the company to enhance its climate commitments and align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Scope 1 | 3,444,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 23,322,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 697,000 | 000,000 | 000,000 | 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 committed to some 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.