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Financial Intermediation
KR
updated a month ago

The Korea Development Bank

Company website

The Korea Development Bank (KDB), headquartered in South Korea (KR), is a leading financial institution established in 1954. Renowned for its pivotal role in the nation’s economic development, KDB primarily operates in the banking and financial services industry, focusing on corporate banking, investment banking, and project financing. With a commitment to fostering growth in key sectors, KDB offers a range of unique products and services, including loans tailored for infrastructure projects and support for small and medium-sized enterprises (SMEs). The bank has achieved significant milestones, positioning itself as a cornerstone of South Korea's financial landscape, and is recognised for its contributions to national economic policy and development initiatives.

DitchCarbon Score

How does The 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.

20

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.

30

Industry Benchmark

The Korea Development Bank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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The Korea Development Bank's reported carbon emissions

The Korea Development Bank (KDB), headquartered in South Korea (KR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges available at this time. KDB's commitment to addressing climate change and reducing carbon emissions remains unclear, as there are no initiatives or targets outlined in their current reporting. Without specific data or commitments, it is challenging to assess their environmental impact or progress in sustainability efforts. As the financial sector increasingly prioritises climate action, KDB may need to establish clear emissions reporting and reduction strategies to align with industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Korea Development Bank'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.

Location emissions intensity

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 The Korea Development Bank is in KR, which we do not have grid emissions data for.

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.

The 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.

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

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Where does DitchCarbon data come from?

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