DB Insurance Co., Ltd.
DB Insurance Co., Ltd., a prominent player in the South Korean insurance industry, is headquartered in Seoul, KR. Established in 1962, the company has evolved significantly, marking key milestones in its journey towards becoming a leading provider of comprehensive insurance solutions. DB Insurance offers a diverse range of products, including life, health, and property insurance, distinguished by their customer-centric approach and innovative coverage options. With a strong market presence in both domestic and international regions, the company is recognised for its commitment to quality service and financial stability. Notable achievements include a robust financial rating and a reputation for reliability, positioning DB Insurance as a trusted choice for individuals and businesses seeking tailored insurance solutions.
DitchCarbon Score
How does DB Insurance Co., Ltd.'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 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
DB Insurance Co., Ltd.'s score of 41 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
DB Insurance Co., Ltd.'s reported carbon emissions
In 2023, DB Insurance Co., Ltd. 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 primarily arise from direct operations, and 24,031,000 kg CO2e from Scope 2 emissions, associated with purchased electricity. Notably, Scope 3 emissions accounted for approximately 1,723,083,000 kg CO2e, with significant contributions from investments and purchased goods and services. Over the years, DB Insurance has shown fluctuations in its emissions. In 2022, the total emissions were about 26,122,000 kg CO2e, with Scope 1 at 2,935,000 kg CO2e and Scope 2 at 23,008,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. DB Insurance operates within a global context where financial institutions are increasingly held accountable for their carbon footprints. The lack of defined reduction strategies may reflect a broader industry trend, where many companies are still developing comprehensive climate action plans.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 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 |
| Scope 2 | 21,664,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 460,000 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
DB Insurance Co., Ltd. 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.
