Shinhan Card Co., Ltd.
Shinhan Card Co., Ltd., a leading player in the financial services industry, is headquartered in South Korea (KR) and operates extensively across the Asia-Pacific region. Founded in 1984, the company has established itself as a pioneer in credit card services, offering a diverse range of financial products tailored to meet the needs of consumers and businesses alike. With a focus on innovation, Shinhan Card provides unique offerings such as contactless payment solutions and customised rewards programmes, setting it apart in a competitive market. The company has achieved significant milestones, including being one of the first to introduce mobile payment technologies in South Korea. Recognised for its strong market position, Shinhan Card continues to enhance customer experiences while maintaining a commitment to financial excellence and security.
DitchCarbon Score
How does Shinhan Card Co., Ltd.'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
Shinhan Card Co., Ltd.'s score of 50 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shinhan Card Co., Ltd.'s reported carbon emissions
In 2024, Shinhan Card Co., Ltd. reported total carbon emissions of approximately 2,056,000 kg CO2e, with emissions distributed across various scopes: 282,000 kg CO2e (Scope 1), 1,590,000 kg CO2e (Scope 2), and 184,000 kg CO2e (Scope 3). This data reflects a commitment to transparency in emissions reporting, as the company disclosed emissions across all three scopes. For the previous year, 2023, Shinhan Card's total emissions were about 2,169,000 kg CO2e, comprising 317,000 kg CO2e (Scope 1), 1,671,000 kg CO2e (Scope 2), and 181,000 kg CO2e (Scope 3). This indicates a slight reduction in total emissions from 2022, where emissions were reported at approximately 2,779,000 kg CO2e. Shinhan Card's emissions data is cascaded from its parent company, Shinhan Financial Group Co., Ltd., which oversees various sustainability initiatives, including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or climate pledges have not been detailed in the available data. Overall, Shinhan Card Co., Ltd. demonstrates a proactive approach to managing its carbon footprint, with a clear commitment to reporting and transparency in emissions across its operations in South Korea.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,020,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,294,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Shinhan Card Co., Ltd. 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.
