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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.
23
DitchCarbon score
-14 vs industry average
Government Savings Bank’s score of 23 is lower than 29% 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
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2025
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.
Government Savings Bank's reported carbon emissions
As of 2022, Government Savings Bank, a financial intermediation services company headquartered in Thailand, reported total carbon emissions of approximately 2.68 billion kg CO2e. This figure comprises approximately 19.2 million kg CO2e from Scope 1 emissions, about 32.6 million kg CO2e from Scope 2 emissions, and roughly 2.63 billion kg CO2e from Scope 3 emissions. In the previous year, 2021, the bank's total emissions were approximately 1.63 billion kg CO2e, with Scope 1 at about 18.9 million kg CO2e, Scope 2 at approximately 32.1 million kg CO2e, and Scope 3 at roughly 1.58 billion kg CO2e. Government Savings Bank has disclosed Scope 1, 2, and 3 emissions for both 2021 and 2022. Earlier data indicates Scope 2 emissions of approximately 8.66 million kg CO2e in 2020 and about 8.55 million kg CO2e in 2019. The bank has not disclosed any specific reduction targets, including SBTi targets or a climate pledge.
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Government Savings Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Government Savings Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Government Savings Bank11 days ago
23
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