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OrganisationsiM Bank
iM Bank logo

iM Bank

Financial IntermediationSouth Korea
Last verified 10 months agodgb.co.kr

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.

26
DitchCarbon score

-9 vs industry average

iM Bank’s score of 26 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Reported emissions

No reported emissions data is available for iM Bank yet.

iM Bank's reported carbon emissions

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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iM Bank’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for iM Bank yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from DGB Financial Group Co., Ltd.
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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from DGB Financial Group Co., Ltd.
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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
iM Bank logoiM Bank
KRFinancial Intermediation
10 months ago
26
Standard Chartered Bank Korea Limited logoStandard Chartered Bank Korea Limited
KRFinancial Intermediation
19 hours ago
81
View
HSBC Korea Ltd. logoHSBC Korea Ltd.
KRFunds, trusts, and financial vehicles
21 hours ago
68
View
Goldman Sachs logoGoldman Sachs
USFinancial Intermediation
6 hours ago
60
View
Shinhan Bank logoShinhan Bank
KRFinancial Intermediation
21 hours ago
59
View
Kb Financial logoKb Financial
KRFinancial Intermediation
21 hours ago
52
View
Hana Financial logoHana Financial
KRServices Auxiliary to Financial Intermediation
9 hours ago
51
View

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Ditchcarbonv260709.1
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