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Public Profile
Services Auxiliary to Financial Intermediation
KR
updated 5 months ago

K Bank Co.,Ltd.

Company website

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.

20

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.

29

Industry Benchmark

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.

16%

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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 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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. K Bank Co.,Ltd.'s primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for K Bank Co.,Ltd. is in KR, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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