K Bank Co., Ltd., commonly referred to as K Bank, is a pioneering digital bank headquartered in South Korea (KR). Established in 2016, K Bank has rapidly positioned itself as a leader in the fintech industry, primarily focusing on online banking services. With a strong operational presence across major urban centres in South Korea, the bank offers a range of innovative financial products, including personal loans, savings accounts, and mobile payment solutions. K Bank distinguishes itself through its user-friendly digital platform, which provides seamless banking experiences tailored to the needs of tech-savvy consumers. As a trailblazer in the digital banking sector, K Bank has achieved significant milestones, including being the first internet-only bank in South Korea, and continues to expand its market share with a commitment to customer-centric services and cutting-edge technology.
How does K Bank Co.,Ltd.'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.
Mean score of companies in the Services Auxiliary to 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.
K Bank Co.,Ltd.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
K Bank Co., Ltd., headquartered in South Korea (KR), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of emissions data and commitments suggests that K Bank may not yet have established a formal framework for addressing its carbon footprint or engaging in climate action initiatives. As the financial sector increasingly prioritises sustainability, K Bank's absence of emissions reporting and climate commitments may place it at a disadvantage compared to peers who are actively working towards measurable environmental goals. The bank's future climate strategy will be crucial in aligning with industry standards and responding to growing stakeholder expectations regarding corporate responsibility and environmental stewardship.
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.
K Bank Co.,Ltd. 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.