Public Profile

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.

32

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.

3

Industry Benchmark

Kasikornbank's score of 32 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Kasikornbank's reported carbon emissions

In 2023, Kasikornbank reported total carbon emissions of approximately 76,642,530 kg CO2e, comprising 15,467,650 kg CO2e from Scope 1 and about 61,174,880 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, with emissions in 2022 recorded at approximately 81,402,170 kg CO2e. Over the years, Kasikornbank has demonstrated a commitment to reducing its carbon footprint. In 2021, the bank's emissions were about 90,172,910 kg CO2e, indicating a downward trend in emissions intensity. The bank has not specified any formal reduction targets or climate pledges, but its ongoing efforts to lower emissions reflect a proactive approach to climate responsibility. The bank's emissions data highlights its focus on Scope 1 and Scope 2 emissions, which are critical for understanding its direct and indirect environmental impact. As part of its sustainability strategy, Kasikornbank continues to monitor and report its emissions, aiming for further reductions in the future.

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20122017201820192020202120222023
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
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
Scope 3
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kasikornbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Kasikornbank is headquartered in TH, which has a rank of low, indicating low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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