Kasikornbank
Kasikornbank Public Company Limited, commonly known as KBank, is a leading financial institution headquartered in Thailand. Established in 1945, KBank has grown to become a prominent player in the banking industry, with a strong presence across Southeast Asia. The bank offers a comprehensive range of services, including retail banking, corporate banking, and investment services, distinguished by its innovative digital solutions and customer-centric approach. KBank has achieved significant milestones, such as being one of the first banks in Thailand to embrace digital banking, enhancing customer experience through technology. With a robust market position, KBank is recognised for its commitment to sustainability and financial inclusion, making it a trusted choice for individuals and businesses alike. Its unique blend of traditional banking values and modern financial services sets KBank apart in a competitive landscape.
DitchCarbon Score
How does Kasikornbank'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
Kasikornbank's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kasikornbank's reported carbon emissions
In 2024, Kasikornbank reported total greenhouse gas emissions of approximately 15,062,220 kg CO2e for Scope 1 and about 57,824,500 kg CO2e for Scope 2, resulting in combined emissions of around 72,886,720 kg CO2e. This marks a slight decrease from 2023, where emissions were approximately 15,467,650 kg CO2e for Scope 1 and about 61,174,880 kg CO2e for Scope 2, leading to total emissions of around 76,642,530 kg CO2e. Kasikornbank has set ambitious climate commitments, aiming for a 21% reduction in Scope 1 and 2 emissions by 2025, using 2020 as the baseline year. Furthermore, the bank is committed to achieving Net Zero emissions in its operations by 2030, targeting at least a 90% absolute reduction in emissions, in alignment with the Science-Based Targets Initiative (SBTi). This commitment encompasses both Scope 1 and Scope 2 emissions, with the remaining emissions to be managed through removal processes. Overall, Kasikornbank is actively working towards significant emissions reductions and has established clear targets to enhance its sustainability efforts.
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| 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 18,249,980 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 95,259,340 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Kasikornbank 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.
