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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.
+23 vs industry average
Kb Kookmin Bank’s score of 60 is higher than 74% 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 based in "KR", reported Scope 1 emissions of 13,429,000 kg CO2e and Scope 2 emissions of 112,383,000 kg CO2e for 2023. This data indicates that the bank's disclosed emissions for 2023 were approximately 125,812,000 kg CO2e for Scope 1 and 2 combined. In 2022, their Scope 1 emissions were 13,993,000 kg CO2e and Scope 2 emissions were 114,994,000 kg CO2e. For 2021, the bank recorded Scope 1 emissions of 15,649,000 kg CO2e and Scope 2 emissions of 116,818,000 kg CO2e. There is no Scope 3 emissions data available.
KB Kookmin Bank has set a long-term absolute reduction target for its internal emissions (Scope 1 and Scope 2), aiming for a 42% reduction by 2030 from a 2020 baseline, with a net-zero target by 2040. This target was published in 2021. Emission data for KB Kookmin Bank is reported directly by the organization.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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