Government Savings Bank
Government Savings Bank (GSB), headquartered in Thailand, is a prominent financial institution established in 1913. With a strong presence across the nation, GSB primarily operates in the banking sector, focusing on savings accounts, loans, and financial services tailored for both individuals and businesses. Renowned for its commitment to promoting savings and financial literacy, GSB has achieved significant milestones, including the introduction of innovative digital banking solutions. Its core offerings, such as competitive interest rates on savings and accessible loan products, distinguish it in the market. As a key player in Thailand's banking industry, GSB has garnered a reputation for reliability and customer-centric services, making it a trusted choice for millions of customers seeking secure and efficient banking solutions.
DitchCarbon Score
How does Government Savings Bank'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
Government Savings Bank's score of 27 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Government Savings Bank's reported carbon emissions
In 2022, Government Savings Bank (GSB) reported total carbon emissions of approximately 2,626,172,000 kg CO2e, comprising 19,241,000 kg CO2e from Scope 1, 32,585,000 kg CO2e from Scope 2, and about 2,616,172,000 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to 2021, where total emissions were approximately 2,626,172,000 kg CO2e, with 18,902,000 kg CO2e from Scope 1, 32,083,000 kg CO2e from Scope 2, and around 1,582,072,000 kg CO2e from Scope 3. GSB has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank is actively engaged in monitoring and reporting its emissions across all three scopes, indicating a commitment to transparency in its environmental impact. The absence of defined reduction targets suggests that GSB may be in the early stages of developing a comprehensive climate strategy. Overall, GSB's emissions data highlights the significant role of Scope 3 emissions, which represent the majority of its carbon footprint, underscoring the need for targeted strategies to address these upstream and downstream impacts.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | 8,546,810.8 | 0,000,000.0 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
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.
Government Savings Bank 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.
