Kookmin Bank

Sustainability Report and Carbon Intensity Rankings

Is Kookmin Bank doing their part?

Their DitchCarbon score is 38

Kookmin Bank has a DitchCarbon Score of 38 out of 100, indicating a lower performance in sustainability efforts. This score suggests that the bank’s carbon intensity is relatively high, reflecting a need for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to environmental sustainability and lower carbon intensity.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Kookmin Bank operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

Kookmin Bank is situated in South Korea, a country with a specific carbon intensity rating that influences the bank’s environmental impact. The sustainability efforts of Kookmin Bank are thus affected by South Korea’s overall strategies and performance in reducing carbon emissions.
12.83%

...this company is doing 12.83% worse in emissions than the industry average.

Kookmin Bank, located in South Korea and operating within the finance sector, was founded in 1963. As one of the largest banks in South Korea, it offers a wide range of financial services including personal banking, corporate banking, and wealth management. Known by its Korean name 국민은행, Kookmin Bank has established a strong presence in the Korean financial market.

Good news, Kookmin Bank has set solid SBTi commitments

Kookmin Bank has established Science Based Targets initiative (SBTi) commitments to significantly reduce their greenhouse gas emissions from company operations, which include direct emissions and indirect emissions from purchased energy. Their targets align with the ambitious goal of limiting global temperature rise to 1.5°C above pre-industrial levels.

There’s always room for improvement,

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.