Bangkok Life Assurance Public Company Limited Sustainability Profile
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 35 is higher than 53% 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 2024, Bangkok Life Assurance Public Company Limited reported total carbon emissions of approximately 2,575,000 kg CO2e. This figure includes 874,000 kg CO2e from Scope 1 emissions, 1,185,000 kg CO2e from Scope 2 emissions, and 516,000 kg CO2e from Scope 3 emissions. The total emissions for 2023 were slightly lower at about 2,439,000 kg CO2e, with Scope 1 emissions at 461,000 kg CO2e, Scope 2 at 1,175,000 kg CO2e, and Scope 3 at 803,000 kg CO2e. Bangkok Life Assurance has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent or related organization, indicating that it operates independently in its reporting and climate strategy. The company’s carbon intensity for 2024 is reported at 65.0 kg CO2e per unit of measurement, while the previous year’s carbon intensity was 62.0 kg CO2e. This indicates a slight increase in carbon intensity year-on-year, reflecting the need for ongoing assessment and potential improvement in emissions management strategies.
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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 |
How Carbon Intensive is Bangkok Life Assurance Public Company Limited's Industry?
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Bangkok Life Assurance Public Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bangkok Life Assurance Public Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
