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 55 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 2024, the Government Savings Bank (GSB) reported total carbon emissions of approximately 30,721,430 kg CO2e, with Scope 1 emissions accounting for about 2,747,240 kg CO2e. The bank also disclosed significant Scope 3 emissions, including 272,590 kg CO2e from purchased goods and services, 34,520 kg CO2e from downstream leased assets, 17,870 kg CO2e from business travel, and 241,660 kg CO2e from waste generated in operations. In 2023, GSB's total emissions were approximately 33,458,500 kg CO2e, with Scope 1 emissions at about 2,901,280 kg CO2e. The bank's Scope 3 emissions included 313,350 kg CO2e from purchased goods and services, 31,380 kg CO2e from downstream leased assets, 6,390 kg CO2e from business travel, and 226,010 kg CO2e from waste generated in operations. The bank's emissions data shows a reduction in Scope 1 emissions from 2022, where they were approximately 3,069,880 kg CO2e, indicating a commitment to lowering its carbon footprint. However, there are currently no specific reduction targets or climate pledges reported by GSB. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from the Government Savings Bank. The bank continues to focus on sustainability and climate commitments, although specific initiatives or targets have not been detailed in the available information.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,546,810.8 | 0,000,000.0 | - | - | - | - |
| Scope 3 | - | - | 000,000 | 000,000 | 000,000 | 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.
