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OrganisationsBank of Ayudhya Public Company Limited
Bank of Ayudhya Public Company Limited logo

Bank of Ayudhya Public Company Limited

Financial IntermediationThailand
Last verified 13 days agokrungsri.com

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.

44
DitchCarbon score

+9 vs industry average

Bank of Ayudhya Public Company Limited’s score of 44 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2027

000M000.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Bank of Ayudhya Public Company Limited's reported carbon emissions

Bank of Ayudhya Public Company Limited (TH) has disclosed its carbon emissions for several years, demonstrating a commitment to reducing its environmental impact. In the most recent reporting year, 2024, the bank reported a total of approximately 127.9 million kg CO2e. This figure encompasses Scope 1 emissions totalling about 9.0 million kg CO2e, Scope 2 emissions (market-based) at approximately 37.7 million kg CO2e, and Scope 3 emissions amounting to about 80.2 million kg CO2e. Looking back, in 2023, Bank of Ayudhya's total emissions were approximately 71.7 million kg CO2e, comprising Scope 1 emissions of about 8.6 million kg CO2e, Scope 2 emissions (market-based) of roughly 43.0 million kg CO2e, and Scope 3 emissions of approximately 30.1 million kg CO2e. For 2022, total emissions were approximately 65.5 million kg CO2e, with Scope 1 at about 8.4 million kg CO2e, Scope 2 (market-based) at approximately 37.9 million kg CO2e, and Scope 3 at about 19.3 million kg CO2e. In 2021, total emissions were approximately 77.8 million kg CO2e (Scope 1: 9.8 million kg CO2e; Scope 2: 40.4 million kg CO2e; Scope 3: 27.6 million kg CO2e). The year 2020 saw total emissions of approximately 74.3 million kg CO2e (Scope 1: 10.0 million kg CO2e; Scope 2: 53.5 million kg CO2e; Scope 3: 10.8 million kg CO2e). Bank of Ayudhya has outlined a clear climate strategy through its 'Krungsri Carbon Neutrality Vision'. This vision includes ambitious goals for decarbonisation. The bank aims to achieve carbon neutrality for its own operations by 2030, covering Scope 1 and Scope 2 emissions. Furthermore, it has set a long-term objective to decarbonise its financial services by 2050, addressing its broader Scope 3 impact. The emissions data provided is cascaded from Bank of Ayudhya Public Company Limited itself.

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Bank of Ayudhya Public Company Limited’s Climate Goals (2030 & 2050)

2 goals

2050

BAY declared ‘Krungsri Carbon Neutrality Vision’ with the go…

BAY declared ‘Krungsri Carbon Neutrality Vision’ with the goals of 1) decarbonizing the Bank’s own operations by 2030 and 2) decarbonizing t…

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

4 of 15 categories disclosed
Purchased Goods & Services68%
Capital Goods19%
Fuel & Energy Activities12%
Business Travel1%
Purchased Goods & Services68%
Capital Goods19%
Fuel & Energy Activities12%
Business Travel1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Bank of Ayudhya Public Company Limited logoBank of Ayudhya Public Company Limited
THFinancial Intermediation
13 days ago
44
Krungthai Bank logoKrungthai Bank
THFinancial Intermediation
25 days ago
89
View
United Overseas Bank logoUnited Overseas Bank
SGFinancial Intermediation
22 days ago
62
View
Standard Chartered Bank (Thai) Public Company Limited logoStandard Chartered Bank (Thai) Public Company Limited
THFinancial Intermediation
24 days ago
60
View
Scb X Pcl logoScb X Pcl
THServices Auxiliary to Financial Intermediation
22 days ago
59
View
Yuanta Financial Holding Co logoYuanta Financial Holding Co
TWFinancial Intermediation
23 hours ago
53
View
Tmbthanachart Bank logoTmbthanachart Bank
THFinancial Intermediation
12 days ago
48
View

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