Tmbthanachart Bank
TMBThanachart Bank, commonly referred to as TMB, is a prominent financial institution headquartered in Thailand. Established in 1957, the bank has evolved significantly, merging with Thanachart Bank in 2020 to enhance its market presence and service offerings. TMB operates primarily in the banking and financial services industry, focusing on retail banking, corporate banking, and wealth management. The bank is renowned for its innovative products, including personal loans, savings accounts, and investment services, which are tailored to meet the diverse needs of its customers. TMB's commitment to customer-centric solutions and digital banking has positioned it as a leader in the Thai financial sector. With a strong emphasis on sustainability and community engagement, TMBThanachart Bank continues to achieve notable milestones, reinforcing its reputation as a trusted banking partner in Thailand and beyond.
DitchCarbon Score
How does Tmbthanachart 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
Tmbthanachart Bank's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tmbthanachart Bank's reported carbon emissions
In 2023, TMBThanachart Bank reported total carbon emissions of approximately 32,658,000 kg CO2e. This figure includes Scope 1 emissions of about 3,040,000 kg CO2e, Scope 2 emissions of approximately 21,600,000 kg CO2e, and Scope 3 emissions of about 8,020,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 24,642,170 kg CO2e. Comparatively, in 2022, the bank's total emissions were about 26,012,000 kg CO2e, with Scope 1 emissions at approximately 3,670,000 kg CO2e, Scope 2 emissions around 22,018,000 kg CO2e, and Scope 3 emissions significantly lower at about 330,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. TMBThanachart Bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the bank may not yet have formalised its long-term climate strategy. Overall, while the bank has made strides in emissions reporting, further commitments and reduction initiatives would be beneficial in addressing its carbon footprint effectively.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 971,320 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,408,950 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 492,170 | 000,000 | 000,000 | 0,000,000 |
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.
Tmbthanachart 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.
