Woori Financial Group Inc

Common Name
Woori Financial Group
Country
South Korea
Sector
Financial Services
Industry
Banks - Regional
Employees
68
Ticker
316140
Exchange
KOREA EXCHANGE
Description
Woori Financial Group Inc. operates as one of South Korea's leading financial holding companies. It was established to provide an integrated platform offering diversified financial services to its cli...

Woori Financial Group's Climate Target Data Preview

As of 2024, Woori Financial Group has disclosed 18 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 18 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 Woori 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)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
*. 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 Woori 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 Woori Financial Group’s data sources below and access millions more through our Disclosure Search.

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

Insights into Woori Financial Group's Greenhouse Gas Emissions Pathways

As of 2024, Woori 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. a

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

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

Woori Financial Group's most ambitious operational target is to reduce these emissions by 84% by 2040, compared to a baseline of 78,339 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2024, Woori Financial Group is ahead of schedule on its operational emissions reduction target, having achieved 17.45% of the planned reduction. a

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

2022202420302040020 k40 k60 k80 kBaselineCurrent (-15%)Target 2030 (-42%)Target 2040 (-84%)

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

As of 2024, Woori 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. a

Woori Financial Group's most ambitious value chain target is to reduce these emissions by 86% by 2040, compared to a baseline of 3,140,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

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

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

202220242030204001.5 M3 M4.5 M6 MBaselineCurrent (+35%)Target 2030 (-67%)Target 2040 (-86%)
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