Ditchcarbon
  • Contact
  1. Organizations
  2. The Korea Development Bank
Public Profile
Financial Intermediation
KR
updated 2 months 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.

29

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.

24%

Let us know if this data was useful to you

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

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

Similar Organizations

Standard Chartered Bank Korea Limited

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 22 days ago

Cdb

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Industrial Bank Of Korea

KR
•
Services auxiliary to financial intermediation (67)
Updated 9 days ago

HSBC Bank plc

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Morgan Stanley

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Sumitomo Mitsui Financial

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

Where does DitchCarbon data come from?

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

Ditchcarbon
v251030.1
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy