K Bank Co.,Ltd. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
K Bank Co.,Ltd.'s score of 20 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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K Bank Co.,Ltd.'s reported carbon emissions
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 data suggests that K Bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial sector increasingly prioritises sustainability, K Bank's future climate commitments will be crucial for aligning with industry standards and expectations.
How Carbon Intensive is K Bank Co.,Ltd.'s Industry?
How Carbon Intensive is K Bank Co.,Ltd.'s Location?
K Bank Co.,Ltd.'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.
K Bank Co.,Ltd. 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.
