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Public Profile
Financial Intermediation
KR
updated 5 months ago

iM Bank

Company website

iM Bank, officially known as Industrial and Merchant Bank, is a prominent financial institution headquartered in South Korea (KR). Established in 2000, the bank has made significant strides in the banking sector, focusing on retail banking, corporate finance, and investment services. With a strong presence in major operational regions across Asia, iM Bank has positioned itself as a leader in providing innovative financial solutions. The bank offers a diverse range of core products, including personal loans, business financing, and wealth management services, distinguished by their customer-centric approach and advanced digital banking capabilities. iM Bank has garnered recognition for its commitment to financial inclusion and technological advancement, solidifying its market position as a trusted partner for individuals and businesses alike.

DitchCarbon Score

How does iM Bank'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.

37

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.

27

Industry Benchmark

iM Bank's score of 37 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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iM Bank's reported carbon emissions

Inherited from DGB Financial Group Co., Ltd.

iM Bank, headquartered in South Korea (KR), currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of DGB Financial Group Co., Ltd., which may influence its climate commitments and emissions reporting. As part of its climate strategy, iM Bank inherits reduction initiatives and targets from its parent company, DGB Financial Group Co., Ltd. However, there are no documented reduction targets or specific climate pledges available for iM Bank at this time. The absence of emissions data and reduction commitments suggests that the bank may still be in the early stages of formalising its climate action strategy. In the context of the financial industry, it is increasingly important for institutions like iM Bank to establish clear carbon reduction targets and transparent reporting practices to align with global climate goals. As the bank develops its sustainability framework, it may look to adopt industry-standard practices and targets, potentially cascading further commitments from DGB Financial Group in the future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. iM Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for iM Bank is in KR, which we do not have grid emissions data for.

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.

iM Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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