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DGB Bank Plc, also known as Digital Government Bank, is a prominent financial institution headquartered in Phnom Penh, Cambodia (KH). Established in 2013, DGB Bank has rapidly evolved within the banking sector, focusing on innovative digital banking solutions and customer-centric services. The bank operates primarily in Cambodia, offering a range of core products including personal and business loans, savings accounts, and digital payment services. DGB Bank distinguishes itself through its commitment to leveraging technology, providing seamless online banking experiences that cater to the modern consumer. With a strong market presence, DGB Bank has achieved significant milestones, positioning itself as a leader in the digital banking landscape of Cambodia. Its dedication to financial inclusion and customer satisfaction continues to drive its growth and reputation in the industry.
How does DGB Bank Plc.'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 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.
DGB Bank Plc.'s score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, DGB Bank Plc., headquartered in KH, reported its carbon emissions data, which is cascaded from its parent company, DGB Financial Group Co., Ltd. The bank's emissions data does not specify absolute figures for Scope 1, 2, or 3 emissions, indicating a lack of detailed disclosure for these categories. However, the bank is committed to achieving net zero emissions from operations under its control by 2050, covering both Scope 1 and Scope 2 emissions. This long-term target aligns with the initiatives of the Oil and Gas Climate Initiative (OGCI), which DGB Bank is a part of. The bank's commitment to reducing its carbon footprint is evident in its strategic focus on sustainability, although specific reduction percentages or interim targets have not been disclosed. The emissions data and climate commitments reflect a broader industry trend towards transparency and accountability in climate action, with many financial institutions setting ambitious targets to mitigate their environmental impact. Overall, while DGB Bank Plc. has not provided specific emissions figures, its long-term commitment to net zero emissions by 2050 demonstrates a proactive approach to addressing climate change and aligns with global sustainability goals.
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 Bank Plc. is not participating in any 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.