- Increased internal greenhouse gas emissions through operation of fleet vehicles.
- Increased financial emissions through consumer use stage emissions and sales of high-carbon financial products and services.
- Greenwashing issues in relation to eco-friendly investments.
- Mis-selling, violations, and lawsuits resulting from the launch and sale of greenwashing products.
- Talent drain due to lack of human capital development plan.
- Market dominance weakened by products and services that do not meet customer needs.
- Rise in consumer complaints due to inadequate customer communication.
- Rise in customer information leaks due to new fraud tactics.
- Establishment of an unhealthy trading environment due to unethical corporate behavior.
- Escalation of risks due to changes in the business environment.
Shinhancard Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Shinhancard Co., Ltd. disclosed greenhouse gas emissions of 7.6K tCO2eq (Internal); 631709 tCO2e (Financed). By scope: Scope 1: 1.4K tCO2eq; Scope 2: 6.2K tCO2eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
7.6K tCO2eq (Internal); 631709 tCO2e (Financed)
2023
Water Usage
47.2K m3
2023
Waste
52.5 tons (General); 57.1 tons (Recyclable Paper)
2023
Energy Use
154.0K GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.4K tCO2eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 6.2K tCO2eq |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 7.6K tCO2eq (Internal); 631709 tCO2e (Financed) |
| 2022 | 8.3K tCO2e/year (internal); 697975 tCO2e/year (financed) |
| 2021 | 3.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Issued 1.25 million cards made from recycled materials.
- Reduced annual paper usage by 2,160 sheets (A4 standard).
- Achieved certification of its environmental management system (ISO 14001).
- Developed an “eco-friendly initiative and roadmap” with goals of RE100, BP100, and NP50 by 2040.
- Internal carbon emissions reduced to 7,555 tCO2eq (2,835 tCO2eq reflecting REC/green premium purchase performance).
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce carbon emissions by 25.7% by 2030.
🔭 Long-term
- Achieve net zero emissions by 2050.
🌱 ESG Focus Areas
Climate changeCustomer satisfactionCustomer information and data securityDeveloping products and services considering environmental and social factorsHuman capital development and trainingFinancial inclusion and accessibilityEthics and regulatory complianceFinancial and non-financial risk managementFinancial consumer protectionDigital finance and technological innovation