Kb Kookmin Bank
Kb Kookmin Bank, a leading financial institution in South Korea, is headquartered in Seoul and operates extensively across the Asia-Pacific region. Founded in 1963, the bank has established itself as a key player in the banking industry, offering a diverse range of services including retail banking, corporate finance, and wealth management. With a commitment to innovation, Kb Kookmin Bank has introduced unique products such as digital banking solutions and tailored financial services that cater to both individual and business clients. The bank's strong market position is underscored by its significant achievements, including being one of the largest banks in South Korea by assets. Kb Kookmin Bank continues to enhance its reputation through customer-centric services and a robust digital transformation strategy.
DitchCarbon Score
How does Kb Kookmin Bank'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 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
Kb Kookmin Bank's score of 26 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kb Kookmin Bank's reported carbon emissions
In 2022, Kb Kookmin Bank reported carbon emissions of approximately 95,965,000 kg CO2e for Scope 1 and about 128,987,000 kg CO2e for Scope 2. The bank has not disclosed any Scope 3 emissions for this year. Over the years, Kb Kookmin Bank has shown a trend of fluctuating emissions. In 2021, the bank's Scope 1 emissions were about 100,491,000 kg CO2e, while Scope 2 emissions were approximately 132,467,000 kg CO2e. Notably, in 2019, the bank's total Scope 3 emissions peaked at around 26,761,188,000 kg CO2e, indicating significant contributions from upstream activities. Despite these figures, Kb Kookmin Bank has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint effectively. Overall, Kb Kookmin Bank's emissions data reflects the challenges faced by financial institutions in managing their environmental impact, highlighting the importance of establishing clear climate action plans and reduction goals in line with industry standards.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 19,179,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 112,322,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000 | 00,000,000,000 | 0,000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
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.
Kb Kookmin Bank is committed to some reduction initiatives 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.
