Krungthai Bank
Krungthai Bank Public Company Limited, commonly known as Krungthai Bank, is a leading financial institution headquartered in Bangkok, Thailand. Established in 1966, the bank has grown to become a pivotal player in the Thai banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence throughout Thailand, Krungthai Bank is renowned for its innovative financial products, including personal loans, savings accounts, and digital banking solutions. The bank's commitment to customer service and technological advancement has positioned it as a trusted partner for millions of customers. Notable achievements include its extensive network of branches and ATMs, making banking accessible to a diverse clientele. Krungthai Bank continues to play a significant role in driving Thailand's economic growth while maintaining a focus on sustainable practices.
DitchCarbon Score
How does Krungthai 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.
Industry Average
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.
Industry Benchmark
Krungthai Bank's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Krungthai Bank's reported carbon emissions
In 2023, Krungthai Bank reported total carbon emissions of approximately 54,483,780 kg CO2e. This figure includes 17,478,130 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 37,005,660 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, the bank's Scope 3 emissions totalled approximately 28,254,180 kg CO2e, which includes emissions from business travel, employee commuting, and other indirect sources. Over the years, Krungthai Bank has made significant strides in reducing its carbon footprint. For instance, in 2022, the bank's total emissions were about 56,220,550 kg CO2e, indicating a slight reduction in 2023. The bank has implemented various initiatives aimed at reducing emissions, particularly through document destruction processes, which have yielded reductions of approximately 14,230 kg CO2e in 2010, increasing to about 22,500 kg CO2e by 2016. Despite the absence of specific science-based targets or formal climate pledges, Krungthai Bank continues to focus on enhancing its sustainability practices and reducing its overall carbon emissions. The bank's commitment to addressing climate change is evident in its ongoing efforts to monitor and report emissions across all scopes, aligning with industry standards for transparency and accountability.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 120,894,910 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Krungthai Bank is not committed to any reduction initiatives 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.
