KakaoBank Corp
KakaoBank's GHG Emissions Data Preview
In 2024, KakaoBank 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).
KakaoBank 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind KakaoBank’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 KakaoBank’s data sources below and access millions more through our Disclosure Search.
Insights into KakaoBank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of KakaoBank amounted to 5,412.416 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 2023, the total operational greenhouse gas (GHG) emissions of KakaoBank increased by 9.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
KakaoBank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are KakaoBank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of KakaoBank were 59.216 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), KakaoBank's Scope 1 emissions increased by 21.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are KakaoBank's Scope 2 emissions?
In 2024, KakaoBank reported Scope 2 greenhouse gas (GHG) emissions of 5,353.2 tCO₂e without specifying the calculation method.a
Has KakaoBank reduced its Scope 2 emissions over time?
Since 2019, KakaoBank's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 250.98%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), KakaoBank's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that KakaoBank's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does KakaoBank use for Scope 2 reporting?
In 2024, KakaoBank reported its Scope 2 emissions using an unspecified methodology.a
KakaoBank's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into KakaoBank's Value Chain Emissions
In 2024, KakaoBank reported 1,315,917.707 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 2024 disclosure of KakaoBank includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
KakaoBank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are KakaoBank's Scope 3 emissions?
In 2024, KakaoBank reported total Scope 3 emissions of 1,315,917.707 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.96% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), KakaoBank's Scope 3 emissions increased by 652.87%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does KakaoBank disclose?
In 2024, KakaoBank reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of KakaoBank's Scope 3 emissions?
In 2024, the largest contributors to KakaoBank's Scope 3 emissions were:a
- Investments (Cat. 15): 1,314,959.869 tCO₂e (99.93%)
- Use of Sold Products (Cat. 11): 459.508 tCO₂e (0.03%)
- Waste Generated in Operations (Cat. 5): 224.829 tCO₂e (0.02%)
KakaoBank's Scope 3 Emissions by Categories
Insights into KakaoBank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, KakaoBank reported Scope 1 greenhouse gas (GHG) emissions of 59.216 tCO₂e and total revenues of USD 1,039 millions. This translates into an emissions intensity of 0.06 tCO₂e per millions USD.a
KakaoBank's Scope 1 Emissions Intensity Compared to Peers
How does KakaoBank's GHG emissions intensity compare to its peers?
In 2024, KakaoBank reported a Scope 1 emissions intensity of 0.06 tCO₂e per millions USD. Compared to the peer group median of 1.11, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does KakaoBank rank on GHG emissions intensity within its industry?
In 2024, KakaoBank ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places KakaoBank among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into KakaoBank's Total Carbon Footprint
In 2024, KakaoBank reported a total carbon footprint of 1,321,330.123 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 635.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to KakaoBank's total carbon footprint was Scope 3 emissions, accounting for 99.59% of the company's total carbon footprint, followed by Scope 2 emissions at 0.41%.a