Meritz Financial Group Inc

Common Name
Meritz Financial Group
Country
South Korea
Sector
Financial Services
Industry
Capital Markets
Employees
21
Ticker
138040
Exchange
KOREA EXCHANGE
Description
Meritz Financial Group Inc., a prominent financial holding company, serves as a key player within the South Korean finance industry. The primary function of this entity is to manage its subsidiaries, ...

Meritz Financial Group's Climate Target Data Preview

As of 2024, Meritz Financial Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction 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 Meritz Financial Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Meritz Financial Group’s Climate Targets 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 Meritz Financial Group’s data sources below and access millions more through our Disclosure Search.

a. Meritz Financial Group's Sustainability Report 2024
a. Meritz Financial Group's Sustainability Report 2024

Insights into Meritz Financial Group's Greenhouse Gas Emissions Pathways

As of 2024, Meritz Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

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

As of 2024, Meritz Financial Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Meritz Financial Group's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 9,525 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing operational emissions, Meritz Financial Group has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

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

20222024203003 k6 k9 k12 kBaselineCurrent (+14%)Target 2030 (-30%)
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