iM Bank Sustainability Profile
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.
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
iM Bank's score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
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Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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 |
How Carbon Intensive is iM Bank's Industry?
How Carbon Intensive is iM Bank's Location?
iM Bank'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.
iM Bank 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.
