Public Profile

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.

38

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.

27

Industry Benchmark

Bangkok Life Assurance Public Company Limited's score of 38 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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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 rise in total emissions from 2022 to 2023. In 2021, Bangkok Life Assurance's emissions were approximately 2,853,000 kg CO2e, with Scope 1 at 477,000 kg CO2e, Scope 2 at 1,460,000 kg CO2e, and Scope 3 at 916,000 kg CO2e. The total Scope 1 and 2 emissions for that year were about 1,937,000 kg CO2e. Despite the fluctuations in emissions over the years, there are currently no publicly disclosed reduction targets or climate pledges from Bangkok Life Assurance. The company has not committed to any specific science-based targets for emissions reduction, which places it in a broader industry context where many firms are increasingly focusing on sustainability and carbon neutrality.

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202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bangkok Life Assurance Public Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), 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. This request for Bangkok Life Assurance Public Company Limited is in TH, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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