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The Government Savings Bank (GSB), based in Thailand, is a leading financial institution specialising in financial intermediation services, excluding insurance and pension funding. Established in 1913, GSB has a long-standing history of supporting economic development and financial inclusion across the country. Its headquarters are located in Bangkok, with extensive operations throughout Thailand, serving a diverse customer base.
GSB primarily offers savings accounts, retail banking, and government-related financial services, distinguished by its focus on accessible, secure banking solutions for individuals and small businesses. Recognised for its stability and commitment to public service, the bank holds a prominent position within Thailand’s banking sector. With a reputation for reliability and a history of key milestones, GSB continues to play a vital role in fostering financial growth and stability nationwide.
-14 vs industry average
Government Savings Bank’s score of 23 is lower than 28% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Government Savings Bank, a financial intermediation services provider based in Thailand, reported its total greenhouse gas emissions for 2022 as approximately 2.68 billion kg CO2e. This total includes Scope 1 emissions of approximately 19.2 million kg CO2e, Scope 2 emissions of approximately 32.6 million kg CO2e, and Scope 3 emissions of about 2.63 billion kg CO2e. In the prior year, 2021, the bank's total emissions were approximately 1.63 billion kg CO2e, comprising around 18.9 million kg CO2e for Scope 1, approximately 32.1 million kg CO2e for Scope 2, and about 1.58 billion kg CO2e for Scope 3.
For 2020, Government Savings Bank reported only Scope 2 emissions, which amounted to approximately 8.66 million kg CO2e. Similarly, in 2019, only Scope 2 emissions were reported, totalling about 8.55 million kg CO2e. The bank has not disclosed any specific, measurable emissions reduction targets, nor does it have approved Science Based Targets (SBTi) or a Climate Pledge. The emissions data for Government Savings Bank is directly reported by the organization and is not cascaded from a parent entity.
No climate goals have been disclosed for Government Savings Bank yet.
No scope 3 category breakdown has been disclosed yet.


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