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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.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
KB Kookmin Bank, a financial intermediation services provider headquartered in "KR", reported Scope 1 emissions of 13,429,000 kg CO2e and Scope 2 emissions of 112,383,000 kg CO2e in 2023. This is a reduction from 2022, which saw Scope 1 emissions at 13,993,000 kg CO2e and Scope 2 emissions at 114,994,000 kg CO2e. In 2021, the bank reported Scope 1 emissions of 15,649,000 kg CO2e and Scope 2 emissions of 116,818,000 kg CO2e. For 2020, only the combined Scope 1 and 2 emissions are available, totalling 139,888,000 kg CO2e.
Looking further back, in 2019, KB Kookmin Bank disclosed Scope 1 emissions of 139,888,000 kg CO2e, Scope 2 emissions of 21,778,141,000 kg CO2e, and Scope 3 emissions of 26,761,188,000 kg CO2e. Notably, Scope 3 purchased goods and services accounted for 1,073,911,000 kg CO2e in 2019.
While KB Kookmin Bank reports direct emissions, its climate initiatives, including SBTi, CDP, RE100, and Climate Pledge commitments, are cascaded from its ultimate parent, KB Financial Group Inc. The bank has not disclosed specific reduction targets in the provided data.
No climate goals have been disclosed for Kb Kookmin Bank yet.
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