DGB Bank Plc. Sustainability Profile
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.
DitchCarbon Score
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.
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
DGB Bank Plc.'s score of 22 is lower than 71% 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 Bank Plc.'s reported carbon emissions
In 2021, DGB Bank Plc. reported its carbon emissions data, inheriting relevant information from its parent company, DGB Financial Group Co., Ltd. However, specific emissions figures for Scope 1, 2, and 3 were not disclosed. The bank's emissions data is based on a Scope 2 emission factor of approximately 3.27 kg CO2e per KRW 100 million in revenue, as detailed in their sustainability report. DGB Bank has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's climate commitments remain vague, with no significant pledges or initiatives reported. As a current subsidiary of DGB Financial Group Co., Ltd., DGB Bank's climate strategy may align with broader corporate sustainability goals, but specific details on emissions reductions or climate action plans are not available. The bank's commitment to addressing climate change and reducing carbon emissions is still developing, and further transparency in reporting would enhance its sustainability profile.
How Carbon Intensive is DGB Bank Plc.'s Industry?
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DGB Bank Plc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
DGB Bank Plc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
