BNK Financial Group Inc

Common Name
BNK Financial Group
Country
South Korea
Sector
Financial Services
Industry
Banks - Regional
Employees
7,833
Ticker
138930
Exchange
KOREA EXCHANGE
Description
BNK Financial Group Inc. is a diversified financial services institution based in South Korea, primarily engaged in banking and financial operations. Its primary function is to provide a comprehensive...

BNK Financial Group's GHG Emissions Data Preview

In 2023, BNK Financial Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

BNK Financial Group has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind BNK Financial Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BNK Financial Group’s data sources below and access millions more through our Disclosure Search.

a. BNK Financial Group's Sustainability Report 2023
a. BNK Financial Group's Sustainability Report 2023

Insights into BNK Financial Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of BNK Financial Group amounted to 29,345 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of BNK Financial Group decreased by 6.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

BNK Financial Group's Scope 1 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e+18%-16%-13%
  • Total Scope 1
  • Year-over-Year Change

What are BNK Financial Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of BNK Financial Group were 3,170 metric tons of CO₂ equivalent (tCO₂e). a

Has BNK Financial Group reduced its Scope 1 emissions over time?

Since 2020, BNK Financial Group's Scope 1 emissions have decreased by 13.67%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), BNK Financial Group's Scope 1 emissions decreased by 13.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are BNK Financial Group's Scope 2 emissions?

In 2023, BNK Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 26,175 tCO₂e without specifying the calculation method. a

Has BNK Financial Group reduced its Scope 2 emissions over time?

Since 2020, BNK Financial Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 23.74%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), BNK Financial Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that BNK Financial Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does BNK Financial Group use for Scope 2 reporting?

In 2023, BNK Financial Group reported its Scope 2 emissions using an unspecified methodology. a

BNK Financial Group's Scope 2 Emissions Over Time

202020212022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into BNK Financial Group's Value Chain Emissions

In 2023, BNK Financial Group reported 27,772,908 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of BNK Financial Group includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

BNK Financial Group's Scope 3 Emissions Over Time

202020212022202307 M14 M21 M28 MtCO2e+5799399%+11%+8%
  • Total Scope 3
  • Year-over-Year Change

What are BNK Financial Group's Scope 3 emissions?

In 2023, BNK Financial Group reported total Scope 3 emissions of 27,772,908 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.99% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has BNK Financial Group reduced its Scope 3 emissions over time?

Since 2020, BNK Financial Group's Scope 3 emissions have increased by 6,960,528.57%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), BNK Financial Group's Scope 3 emissions remained relatively stable, indicating that BNK Financial Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does BNK Financial Group disclose?

In 2023, BNK Financial Group reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of BNK Financial Group's Scope 3 emissions?

In 2023, the largest contributors to BNK Financial Group's Scope 3 emissions were: a

  • Investments (Cat. 15): 27,770,000 tCO₂e (99.99%)
  • Fuel- and Energy-Related Services (Cat. 3): 2,018 tCO₂e (0.01%)
  • Business Travel (Cat. 6): 674 tCO₂e (0%)

BNK Financial Group's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into BNK Financial Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, BNK Financial Group reported Scope 1 greenhouse gas (GHG) emissions of 3,170 tCO₂e and total revenues of USD 2,885 millions. This translates into an emissions intensity of 1.1 tCO₂e per millions USD. a

BNK Financial Group's Scope 1 Emissions Intensity Compared to Peers

202005,00050,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)IFIHIIiM Financial GroupYear: 2023Scope 1: 2,843 tCO2eRevenue: $M 1,865Scope 1 Intensity: 1.52 tCO2e/$MHana Financial GroupYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 10,298Scope 1 Intensity: 0.76 tCO2e/$MQingdao Rural Commercial BankYear: 2023Scope 1: 155 tCO2eRevenue: $M 1,449Scope 1 Intensity: 0.11 tCO2e/$MFFFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MJB Financial GroupYear: 2023Scope 1: 3,938 tCO2eRevenue: $M 1,744Scope 1 Intensity: 2.26 tCO2e/$MKakaoBankYear: 2024Scope 1: 59 tCO2eRevenue: $M 1,039Scope 1 Intensity: 0.06 tCO2e/$MBerner KantonalbankYear: 2024Scope 1: 570 tCO2eRevenue: $M 621Scope 1 Intensity: 0.92 tCO2e/$MValiant HoldingYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 612Scope 1 Intensity: 1.69 tCO2e/$MWoori Financial GroupYear: 2023Scope 1: 10,954 tCO2eRevenue: $M 9,235Scope 1 Intensity: 1.19 tCO2e/$MIIIndustrial Bank of KoreaYear: 2023Scope 1: 6,242 tCO2eRevenue: $M 7,767Scope 1 Intensity: 0.80 tCO2e/$MBandhan BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,475Scope 1 Intensity: 0.00 tCO2e/$MBank Danamon IndonesiaYear: 2024Scope 1: 247 tCO2eRevenue: $M 1,239Scope 1 Intensity: 0.20 tCO2e/$MBank of East AsiaYear: 2024Scope 1: 2,254 tCO2eRevenue: $M 2,638Scope 1 Intensity: 0.85 tCO2e/$MJyske BankYear: 2023Scope 1: 639 tCO2eRevenue: $M 2,199Scope 1 Intensity: 0.29 tCO2e/$MKB Financial GroupYear: 2023Scope 1: 23,325 tCO2eRevenue: $M 15,261Scope 1 Intensity: 1.53 tCO2e/$MKyushu Financial GroupYear: 2023Scope 1: 1,562 tCO2eRevenue: $M 1,434Scope 1 Intensity: 1.09 tCO2e/$MHirogin HoldingsYear: 2023Scope 1: 1,457 tCO2eRevenue: $M 941Scope 1 Intensity: 1.55 tCO2e/$MYapi ve Kredi BankasiYear: 2024Scope 1: 16,421 tCO2eRevenue: $M 4,242Scope 1 Intensity: 3.87 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MBank of ChangshaYear: 2023Scope 1: 862 tCO2eRevenue: $M 3,501Scope 1 Intensity: 0.25 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MShinhan Financial GroupYear: 2024Scope 1: 13,575 tCO2eRevenue: $M 11,972Scope 1 Intensity: 1.13 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MBNK Financial GroupYear: 2023Scope 1: 3,170 tCO2eRevenue: $M 2,885Scope 1 Intensity: 1.10 tCO2e/$M

How does BNK Financial Group's GHG emissions intensity compare to its peers?

In 2023, BNK Financial Group reported a Scope 1 emissions intensity of 1.1 tCO₂e per millions USD. Compared to the peer group median of 1.09 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does BNK Financial Group rank on GHG emissions intensity within its industry?

In 2023, BNK Financial Group ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

BNK Financial Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into BNK Financial Group's Total Carbon Footprint

In 2023, BNK Financial Group reported a total carbon footprint of 27,802,253 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to BNK Financial Group's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 2 emissions at 0.09%. a

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