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 GHG Emissions Data Preview

In 2023, JB 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).

JB Financial Group has also provided a category-level breakdown for 5 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 JB Financial Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of JB Financial Group amounted to 18,831 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 JB Financial Group increased by 18.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.

JB Financial Group's Scope 1 Emissions Over Time

202020212022202301 k2 k3 k4 ktCO2e0%+32%
  • Total Scope 1
  • Year-over-Year Change

What are JB Financial Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of JB Financial Group were 3,938 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), JB Financial Group's Scope 1 emissions increased by 32.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are JB Financial Group's Scope 2 emissions?

In 2023, JB Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 14,893 tCOâ‚‚e without specifying the calculation method.

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

Compared to the previous year (2022), JB Financial Group's Scope 2 emissions (Unspecified Calculation Method) rose by 14.95% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

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

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

JB Financial Group's Scope 2 Emissions Over Time

202020212022202304 k8 k12 k16 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into JB Financial Group's Value Chain Emissions

In 2023, JB Financial Group reported 3,518 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 JB Financial Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

JB Financial Group's Scope 3 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e-100%+202%+848%
  • Total Scope 3
  • Year-over-Year Change

What are JB Financial Group's Scope 3 emissions?

In 2023, JB Financial Group reported total Scope 3 emissions of 3,518 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

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

Since 2020, JB Financial Group's Scope 3 emissions have decreased by 99.64%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), JB Financial Group's Scope 3 emissions increased by 848.25%, suggesting that the company faced challenges in reducing emissions across its value chain.

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

In 2023, JB Financial Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Employee Commuting (Cat. 7): 2,683 tCOâ‚‚e (76.29%)
  • Upstream Leased Assets (Cat. 8): 476 tCOâ‚‚e (13.53%)
  • Business Travel (Cat. 6): 187 tCOâ‚‚e (5.32%)

JB Financial Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(5.3%)Employee Commuting(Cat. 7)(76.3%)Upstream LeasedAssets (Cat. 8)(13.5%)

Insights into JB Financial Group's Total Carbon Footprint

In 2023, JB Financial Group reported a total carbon footprint of 22,349 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.03% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to JB Financial Group's total carbon footprint was Scope 2 emissions, accounting for 66.64% of the company's total carbon footprint, followed by Scope 1 emissions at 17.62%.

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