Kb Kookmin Bank, a leading financial institution in South Korea, is headquartered in Seoul and operates extensively across the Asia-Pacific region. Founded in 1963, the bank has established itself as a key player in the banking industry, offering a diverse range of services including retail banking, corporate finance, and wealth management. With a commitment to innovation, Kb Kookmin Bank has introduced unique products such as digital banking solutions and tailored financial services that cater to both individual and business clients. The bank's strong market position is underscored by its significant achievements, including being one of the largest banks in South Korea by assets. Kb Kookmin Bank continues to enhance its reputation through customer-centric services and a robust digital transformation strategy.
How does Kb Kookmin 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.
Mean score of companies in the 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.
Kb Kookmin Bank's score of 26 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Kb Kookmin Bank reported total carbon emissions of approximately 224,952,000 kg CO2e, comprising 95,965,000 kg CO2e from Scope 1 and 128,987,000 kg CO2e from Scope 2. The bank's emissions have shown fluctuations over the years, with a notable increase in Scope 3 emissions in 2021, reaching approximately 912,090,000 kg CO2e, primarily from purchased goods and services. The bank has not publicly committed to specific reduction targets or initiatives, nor does it appear to have set Science-Based Targets Initiative (SBTi) reduction targets. This lack of formal commitments may reflect a broader industry context where financial institutions are increasingly pressured to disclose and reduce their carbon footprints. Overall, Kb Kookmin Bank's emissions data highlights the importance of transparency and accountability in addressing climate change, as the financial sector plays a crucial role in driving sustainable practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 19,179,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 2 | 112,322,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 0,000,000 | 00,000,000,000 | 0,000,000,000 | 000,000,000 | - |
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.
Kb Kookmin Bank is committed to some reduction initiatives 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.