Bangkok Life Assurance Public Company Limited
Bangkok Life Assurance Public Company Limited, commonly referred to as Bangkok Life, is a prominent player in Thailand's insurance industry, headquartered in Bangkok. Established in 1951, the company has built a strong reputation for providing a diverse range of life insurance products and services tailored to meet the needs of its clients across the nation. With a focus on individual and group life insurance, Bangkok Life distinguishes itself through innovative offerings and exceptional customer service. The company has achieved significant milestones, including expanding its operational reach throughout major regions in Thailand, solidifying its position as a trusted provider in the market. Recognised for its commitment to financial stability and customer satisfaction, Bangkok Life continues to thrive in an increasingly competitive landscape.
DitchCarbon Score
How does Bangkok Life Assurance Public Company Limited'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 Insurance Services 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
Bangkok Life Assurance Public Company Limited's score of 38 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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Bangkok Life Assurance Public Company Limited's reported carbon emissions
In 2023, Bangkok Life Assurance Public Company Limited reported total carbon emissions of approximately 2,439,000 kg CO2e. This figure includes 461,000 kg CO2e from Scope 1 emissions, 1,175,000 kg CO2e from Scope 2 emissions, and 803,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 1,636,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 2,153,000 kg CO2e, with Scope 1 emissions at 475,000 kg CO2e, Scope 2 at 1,349,000 kg CO2e, and Scope 3 at 329,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. In 2021, the total emissions were approximately 2,853,000 kg CO2e, comprising 477,000 kg CO2e from Scope 1, 1,460,000 kg CO2e from Scope 2, and 916,000 kg CO2e from Scope 3. The data shows a downward trend in emissions from 2021 to 2022, followed by an increase in 2023. Currently, Bangkok Life Assurance has not set specific reduction targets or initiatives, nor do they participate in any recognised climate pledges such as the Science Based Targets initiative (SBTi). The company does not inherit emissions data from any parent organisation, indicating that all reported figures are independently sourced. Overall, while Bangkok Life Assurance has demonstrated fluctuations in emissions over the past few years, their lack of formal reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 477,000 | 000,000 | 000,000 |
| Scope 2 | 1,460,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 916,000 | 000,000 | 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.
Bangkok Life Assurance Public Company Limited 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.
