Jb Financial Group Co Sustainability Profile
Jb Financial Group Co., a prominent player in the financial services industry, is headquartered in South Korea (KR) and operates extensively across the Asia-Pacific region. Founded in 2005, the company has established itself as a leader in investment management, asset allocation, and financial advisory services. Jb Financial Group is renowned for its innovative approach to wealth management, offering tailored solutions that cater to both individual and institutional clients. Their unique blend of cutting-edge technology and personalised service sets them apart in a competitive market. With a strong commitment to client satisfaction and a track record of notable achievements, Jb Financial Group continues to solidify its position as a trusted partner in financial growth and stability.
DitchCarbon Score
How does Jb Financial Group Co'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
Jb Financial Group Co's score of 36 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Jb Financial Group Co's reported carbon emissions
In 2023, JB Financial Group Co., Ltd. reported total carbon emissions of approximately 18,831,000 kg CO2e, comprising 3,938,000 kg CO2e from Scope 1, 14,893,000 kg CO2e from Scope 2, and 3,518,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included 187,000 kg CO2e from business travel and 2,683,000 kg CO2e from employee commuting. The company has set near-term targets aligned with a 1.5°C pathway, aiming to cover 19% of its total investment and lending activities by 2026. This commitment reflects JB Financial Group's dedication to reducing greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the Science Based Targets initiative (SBTi) standards. In previous years, JB Financial Group's emissions were as follows: in 2022, total emissions were about 15,939,000 kg CO2e, with Scope 1 at 2,983,000 kg CO2e and Scope 2 at 12,956,000 kg CO2e. In 2021, the total was approximately 15,584,000 kg CO2e, with Scope 1 at 2,997,000 kg CO2e and Scope 2 at 12,587,000 kg CO2e. The company has not committed to a net-zero target as of now, but its ongoing initiatives and targets demonstrate a proactive approach to climate action within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,031,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,230,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Jb Financial Group Co's Industry?
How Carbon Intensive is Jb Financial Group Co's Location?
Jb Financial Group Co's Scope 3 Categories Breakdown
Jb Financial Group Co's Scope 3 emissions, which increased by 848% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 16% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Jb Financial Group Co'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.
Jb Financial Group Co has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
