Korea Development Bank (KDB), headquartered in Seoul, South Korea, is a leading financial institution in the development banking sector. Established in 1954, KDB has played a pivotal role in the nation’s economic growth, focusing on providing financial support to key industries and infrastructure projects. Operating primarily in South Korea, KDB also extends its services to international markets, enhancing its global footprint. The bank offers a range of core products, including project financing, corporate loans, and investment banking services, distinguished by its commitment to fostering sustainable development. With a strong market position, KDB has achieved notable milestones, such as its involvement in major national projects and its role in promoting innovation and entrepreneurship. As a trusted partner in economic development, KDB continues to contribute significantly to South Korea's financial landscape.
How does Korea Development Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Korea Development Bank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Korea Development Bank (KDB), headquartered in South Korea (KR), currently does not provide specific carbon emissions data or reduction targets. As of the latest available information, there are no recorded emissions figures in kg CO2e, nor are there documented initiatives or commitments towards carbon reduction. This absence of data suggests that KDB may still be in the early stages of formalising its climate commitments or may not have publicly disclosed its emissions profile. In the context of the financial sector, it is increasingly important for institutions like KDB to establish clear climate strategies and reduction targets to align with global sustainability goals.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Korea Development Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.