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Public Profile
Financial Intermediation
KR
updated 8 months ago

Meritz Financial Group Inc. Sustainability Profile

Company website

Meritz Financial Group Inc., headquartered in South Korea, is a prominent player in the financial services industry, specialising in insurance, asset management, and investment solutions. Founded in 1992, the company has established itself as a leader in the South Korean market, with significant operations across Asia. The firm is renowned for its innovative insurance products and comprehensive asset management services, which are tailored to meet the diverse needs of its clients. Meritz Financial Group's commitment to customer-centric solutions and robust financial performance has earned it a strong market position, making it a trusted name in the financial sector. With a focus on sustainable growth and strategic partnerships, the company continues to achieve notable milestones in its journey.

DitchCarbon Score

How does Meritz Financial Group Inc.'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.

22

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.

29

Industry Benchmark

Meritz Financial Group Inc.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Meritz Financial Group Inc.'s reported carbon emissions

Meritz Financial Group Inc., headquartered in South Korea (KR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. Consequently, there are no recorded Scope 1, 2, or 3 emissions. Additionally, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to carbon reduction initiatives at this time. As there is no available data on emissions or reduction strategies, it is unclear how Meritz Financial Group Inc. aligns with industry standards for climate action. The absence of specific targets or commitments may reflect a broader trend within the financial sector, where many institutions are increasingly recognising the importance of sustainability and climate responsibility. However, without concrete data or initiatives, it is challenging to assess the company's position in this context.

How Carbon Intensive is Meritz Financial Group Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meritz Financial Group Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Meritz Financial Group Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Meritz Financial Group Inc. is in KR, which we do not have grid emissions data for.

Meritz Financial Group Inc.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Meritz Financial Group Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Meritz Financial Group Inc.'s Emissions with Industry Peers

Kyobo Life Insurance

KR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 14 days ago

Samsung Life Insurance Co., Ltd.

KR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 1 day ago

Mirae Asset Financial Group

KR
•
Services auxiliary to financial intermediation (67)
Updated 15 days ago

Shinhan Bank

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Manulife

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Metlife

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 1 day ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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