Kb Kookmin Bank, a leading financial institution headquartered in South Korea, operates primarily in the financial intermediation services sector, excluding insurance and pension funding. Founded in 1963, the bank has established itself as a cornerstone of the South Korean banking landscape, with a strong presence in both domestic and international markets.
Specialising in a range of core products and services, Kb Kookmin Bank offers innovative solutions in personal and corporate banking, wealth management, and digital finance. Its commitment to customer-centric services and technological advancements sets it apart in a competitive industry. Recognised for its robust market position, the bank has achieved numerous accolades, reflecting its dedication to excellence and financial stability.
+18 vs industry average
Kb Kookmin Bank’s score of 55 is higher than 69% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Kb Kookmin Bank's reported carbon emissions
KB Kookmin Bank's carbon emissions in 2023 totalled approximately 125,812,000 kg CO2e, encompassing Scope 1 and Scope 2 emissions. In 2022, their combined Scope 1 and 2 emissions were approximately 128,987,000 kg CO2e, a slight decrease from 2021's 132,467,000 kg CO2e. The year 2020 saw combined Scope 1 and 2 emissions of approximately 139,888,000 kg CO2e. In 2019, KB Kookmin Bank reported Scope 1 emissions of approximately 139,888,000 kg CO2e, Scope 2 emissions of approximately 21,778,141,000 kg CO2e, and Scope 3 emissions of approximately 26,761,188,000 kg CO2e, with purchased goods and services accounting for approximately 1,073,911,000 kg CO2e of this total.
KB Kookmin Bank's climate commitments are cascaded from KB Financial Group Inc., which is the source for their Science Based Targets initiative (SBTi) targets. Further details on specific reduction initiatives or targets for KB Kookmin Bank itself are not provided.
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Kb Kookmin Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Kb Kookmin Bank yet.
Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Inherited from KB Financial Group Inc.
Carbon Disclosure Project
Inherited from KB Financial Group Inc.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Inherited from KB Financial Group Inc.
Climate Action 100
Emissions comparison with industry peers
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Kb Kookmin Bank
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