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KB Financial Group Inc
KB Financial Group's GHG Emissions Data Preview
In 2024, KB 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).
KB Financial Group has also provided a category-level breakdown for 10 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind KB 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 KB Financial Group’s data sources below and access millions more through our Disclosure Search.
Insights into KB Financial Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofKB Financial Group amounted to155,324metric 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 KB Financial Groupdecreased by 0.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
KB Financial Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are KB Financial Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of KB Financial Group were 22,510 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has KB Financial Group reduced its Scope 1 emissions over time?
Since 2019, KB Financial Group's Scope 1 emissions have increased by 18.6%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), KB Financial Group's Scope 1 emissions decreased by 3.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are KB Financial Group's Scope 2 emissions?
In 2024, KB Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 132,814 tCOâ‚‚e without specifying the calculation method.a
Has KB Financial Group reduced its Scope 2 emissions over time?
Since 2019, KB Financial Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 18.87%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), KB Financial Group's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that KB Financial Group's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does KB Financial Group use for Scope 2 reporting?
In 2024, KB Financial Group reported its Scope 2 emissions using an unspecified methodology.a
KB Financial Group's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into KB Financial Group's Value Chain Emissions
In 2024, KB Financial Group reported 694,239 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of KB Financial Group includes a breakdown across 10of 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
KB Financial Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are KB Financial Group's Scope 3 emissions?
In 2024, KB Financial Group reported total Scope 3 emissions of 694,239 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 10.49%of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.51%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has KB Financial Group reduced its Scope 3 emissions over time?
Since 2019, KB Financial Group's Scope 3 emissionshave increased by 4,231.14%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), KB Financial Group's Scope 3 emissions decreased by 98.77%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does KB Financial Group disclose?
In 2024, KB Financial Group reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of KB Financial Group's Scope 3 emissions?
In 2024, the largest contributors to KB Financial Group's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 590,011 tCOâ‚‚e(84.99%)
- Employee Commuting (Cat. 7): 36,110 tCOâ‚‚e(5.2%)
- Use of Sold Products (Cat. 11): 31,213 tCOâ‚‚e(4.5%)
KB Financial Group's Scope 3 Emissions by Categories
Insights into KB Financial Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, KB Financial Group reported Scope 1 greenhouse gas (GHG) emissions of 22,510 tCOâ‚‚e and total revenues of USD 13,701 millions. This translates into an emissions intensity of 1.64 tCOâ‚‚e per millions USD.a
KB Financial Group's Scope 1 Emissions Intensity Compared to Peers
How does KB Financial Group's GHG emissions intensity compare to its peers?
In 2024, KB Financial Group reported a Scope 1 emissions intensity of 1.64 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.91, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does KB Financial Group rank on GHG emissions intensity within its industry?
In 2024, KB Financial Group ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
KB 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 KB Financial Group's Total Carbon Footprint
In 2024, KB Financial Group reported a total carbon footprint of 849,563 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 98.5% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to KB Financial Group's total carbon footprint was Scope 3 emissions, accounting for 81.72% of the company's total carbon footprint, followed by Scope 2 emissions at 15.63%.a