Bank of Ayudhya Public Company Limited
Bank of Ayudhya Public Company Limited, commonly known as Krungsri, is a leading financial institution headquartered in Thailand. Established in 1945, the bank has grown to become a significant player in the Thai banking sector, with a strong presence in various regions across the country. Krungsri operates primarily in the banking and financial services industry, offering a comprehensive range of products and services, including personal and corporate banking, loans, and investment solutions. The bank is renowned for its innovative digital banking services, which enhance customer convenience and accessibility. With a commitment to customer satisfaction and sustainable growth, Bank of Ayudhya has achieved notable milestones, including strategic partnerships and expansions that solidify its market position. As a member of the Mitsubishi UFJ Financial Group, Krungsri continues to leverage its global expertise to deliver exceptional financial solutions tailored to the needs of its clients.
DitchCarbon Score
How does Bank of Ayudhya 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 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
Bank of Ayudhya Public Company Limited's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank of Ayudhya Public Company Limited's reported carbon emissions
In 2024, Bank of Ayudhya Public Company Limited (BAY) reported total carbon emissions of approximately 90,070,000 kg CO2e from Scope 1, 2, and 3 sources. Specifically, Scope 1 emissions were about 9,007,000 kg CO2e, while Scope 2 emissions totalled approximately 37,748,000 kg CO2e (market-based) and 41,748,000 kg CO2e (location-based). Scope 3 emissions were significant, amounting to around 80,174,230 kg CO2e, with the largest contributions from purchased goods and services (approximately 54,893,630 kg CO2e) and capital goods (about 15,078,910 kg CO2e). BAY has set ambitious climate commitments under its 'Krungsri Carbon Neutrality Vision'. The bank aims to decarbonise its own operations by 2030, targeting Scope 1 and 2 emissions, while planning to decarbonise its financial services by 2050. This long-term strategy reflects a commitment to achieving net-zero emissions, aligning with global climate action goals. The emissions data for 2023 indicated a total of about 86,010,000 kg CO2e, with Scope 1 emissions at approximately 8,601,000 kg CO2e and Scope 2 emissions at around 43,032,000 kg CO2e. The bank's emissions have shown fluctuations over the years, with a notable increase in Scope 3 emissions from 30,120,000 kg CO2e in 2023 to the current figure in 2024. BAY's emissions data is cascaded from its corporate family, with the bank being a current subsidiary of a larger organisation. The bank's sustainability initiatives and emissions reporting are part of a broader commitment to environmental responsibility and transparency in the financial sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 10,032,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 53,496,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,832,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Bank of Ayudhya 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.
