BAAC Thailand
The Bank for Agriculture and Agricultural Cooperatives (BAAC) is a pivotal financial institution headquartered in Thailand, primarily serving the agricultural sector. Established in 1966, BAAC has played a crucial role in enhancing the livelihoods of farmers and promoting rural development across the nation. With a strong presence in various regions, the bank focuses on providing tailored financial solutions, including loans, savings, and investment services specifically designed for agricultural activities. BAAC's unique approach combines financial support with advisory services, empowering farmers to improve productivity and sustainability. The bank has achieved notable milestones, including significant contributions to Thailand's agricultural economy, positioning itself as a leader in rural finance. Through its commitment to fostering agricultural growth, BAAC continues to be an essential partner for farmers and cooperatives throughout Thailand.
DitchCarbon Score
How does BAAC Thailand'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 Salt and Mineral Mining 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
BAAC Thailand's score of 18 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BAAC Thailand's reported carbon emissions
In 2023, BAAC Thailand reported total carbon emissions of approximately 37,970,610 kg CO2e from Scope 2, 18,317,690 kg CO2e from Scope 1, and 10,089,720 kg CO2e from Scope 3. This represents a significant increase in Scope 1 emissions compared to 2022, where they were about 10,448,800 kg CO2e, while Scope 2 emissions decreased slightly from approximately 38,637,990 kg CO2e. Scope 3 emissions also saw a reduction from about 20,202,920 kg CO2e in the previous year. Despite these figures, BAAC Thailand has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or science-based targets indicates a need for further action in addressing their overall emissions and aligning with industry standards for climate responsibility.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 10,448,800 | 00,000,000 |
| Scope 2 | 38,637,990 | 00,000,000 |
| Scope 3 | 20,202,920 | 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.
BAAC Thailand 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.
