JB Financial Group Co Ltd

Common Name
JB Financial Group
Country
South Korea
Sector
Financial Services
Industry
Banks - Regional
Employees
77
Ticker
175330
Exchange
KOREA EXCHANGE
Description
JB Financial Group Co., Ltd. is a leading financial services company based in South Korea. The conglomerate primarily operates in the banking sector, offering a wide range of financial solutions to in...

JB Financial Group's Climate Target Data Preview

As of 2023, JB Financial Group has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 6 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into JB Financial Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2026
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 JB Financial Group's Greenhouse Gas Emissions Pathways

As of 2023, JB Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does JB Financial Group have a target to reduce the emissions from its operations?

As of 2023, JB Financial Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

JB Financial Group's most ambitious operational target is to reduce these emissions by 67% by 2030, compared to a baseline of 17,514 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, JB Financial Group has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

JB Financial Group's Operational (Scope 1+2) Emissions Pathway

20202023203005 k10 k15 k20 kCurrent (+8%)Target 2030 (-67%)

Does JB Financial Group have a target to reduce the emissions from its value chain?

As of 2023, JB Financial Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

JB Financial Group's most ambitious value chain target is to reduce these emissions by 76% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020.

JB Financial Group's Value Chain (Scope 3) Emissions Pathway

20202026203000000BaselineTarget 2026 (-41%)Target 2030 (-76%)
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