Korea Development Bank
Korea Development Bank (KDB), headquartered in Seoul, South Korea, is a leading financial institution in the development banking sector. Established in 1954, KDB has played a pivotal role in the nation’s economic growth, focusing on providing financial support to key industries and infrastructure projects. Operating primarily in South Korea, KDB also extends its services to international markets, enhancing its global footprint. The bank offers a range of core products, including project financing, corporate loans, and investment banking services, distinguished by its commitment to fostering sustainable development. With a strong market position, KDB has achieved notable milestones, such as its involvement in major national projects and its role in promoting innovation and entrepreneurship. As a trusted partner in economic development, KDB continues to contribute significantly to South Korea's financial landscape.
DitchCarbon Score
How does Korea Development 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
Korea Development Bank's score of 23 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Korea Development Bank's reported carbon emissions
In 2024, Korea Development Bank (KDB) reported significant carbon emissions totalling approximately 20,152,097,000 kg CO2e for Scope 1, 2,526,564,000 kg CO2e for Scope 2, and 3,591,145,000 kg CO2e for Scope 3 emissions. Notably, the majority of their emissions stem from purchased goods and services, accounting for about 14,479,834,000 kg CO2e within Scope 3. Despite the substantial emissions figures, KDB has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. This lack of defined climate commitments may reflect broader industry trends, where financial institutions are increasingly scrutinised for their environmental impact and sustainability practices. As KDB continues to operate within a global context, the need for robust climate strategies and transparent reporting will be essential for aligning with international climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2024 | |
|---|---|
| Scope 1 | 20,152,097,000 |
| Scope 2 | 2,526,564,000 |
| Scope 3 | 3,591,145,000 |
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.
Korea Development Bank 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.
