The Korea Development Bank
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.
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
The Korea Development Bank's score of 20 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 associated with the bank. As of now, KDB does not inherit emissions data from any parent or related organizations, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of reported data and commitments suggests that KDB may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and reduction targets to align with global sustainability goals.
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.
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.
