DB Insurance Co Ltd

Common Name
DB Insurance
Country
South Korea
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
4,435
Ticker
005830
Exchange
KOREA EXCHANGE
Description
DB Insurance Co., Ltd. is a prominent player in the insurance industry, providing comprehensive insurance solutions tailored to meet a wide range of consumer and business needs. The company's core fun...

DB Insurance's GHG Emissions Data Preview

In 2023, DB Insurance 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).

DB Insurance has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into DB Insurance's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of DB Insurance amounted to 26,637 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of DB Insurance increased by 2.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.

DB Insurance's Scope 1 Emissions Over Time

202020212022202307501.5 k2.25 k3 ktCO2e+1%+6%-11%
  • Total Scope 1
  • Year-over-Year Change

What are DB Insurance's Scope 1 emissions?

In 2023, the total Scope 1 emissions of DB Insurance were 2,606 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has DB Insurance reduced its Scope 1 emissions over time?

Since 2020, DB Insurance's Scope 1 emissions have decreased by 5.27%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), DB Insurance's Scope 1 emissions decreased by 11.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are DB Insurance's Scope 2 emissions?

In 2023, DB Insurance reported Scope 2 greenhouse gas (GHG) emissions of 24,031 tCOâ‚‚e without specifying the calculation method.

Has DB Insurance reduced its Scope 2 emissions over time?

Since 2020, DB Insurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that DB Insurance 's emissions have plateaued with no significant change in its energy consumption footprint.

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

What methodology does DB Insurance use for Scope 2 reporting?

In 2023, DB Insurance reported its Scope 2 emissions using an unspecified methodology.

DB Insurance's Scope 2 Emissions Over Time

202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into DB Insurance's Value Chain Emissions

In 2023, DB Insurance reported 3,573,506 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of DB Insurance includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

DB Insurance's Scope 3 Emissions Over Time

20202021202220230900 k1.8 M2.7 M3.6 MtCO2e-40%+30%+1910866%
  • Total Scope 3
  • Year-over-Year Change

What are DB Insurance's Scope 3 emissions?

In 2023, DB Insurance reported total Scope 3 emissions of 3,573,506 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.

Has DB Insurance reduced its Scope 3 emissions over time?

Since 2020, DB Insurance's Scope 3 emissions have increased by 1,482,682.57%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), DB Insurance's Scope 3 emissions increased by 1,910,865.78%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does DB Insurance disclose?

In 2023, DB Insurance reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of DB Insurance's Scope 3 emissions?

In 2023, the largest contributors to DB Insurance's Scope 3 emissions were:

  • Investments (Cat. 15): 3,573,330 tCOâ‚‚e (100%)
  • Business Travel (Cat. 6): 176 tCOâ‚‚e (0%)

DB Insurance's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into DB Insurance's Total Carbon Footprint

In 2023, DB Insurance reported a total carbon footprint of 3,600,143 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13,677.81% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to DB Insurance's total carbon footprint was Scope 3 emissions, accounting for 99.26% of the company's total carbon footprint, followed by Scope 2 emissions at 0.67%.

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