Industrial and Commercial Bank of China (Thai) Public Company Limited Sustainability Profile
Industrial and Commercial Bank of China (Thai) Public Company Limited, commonly referred to as ICBC (Thai), is a prominent financial institution headquartered in Thailand. Established in 2006, ICBC (Thai) has rapidly expanded its operations across key regions in Southeast Asia, providing a comprehensive range of banking services tailored to both individual and corporate clients. As a subsidiary of the Industrial and Commercial Bank of China, ICBC (Thai) operates within the banking and finance industry, offering unique products such as corporate loans, trade finance, and personal banking solutions. The bank's commitment to innovation and customer service has positioned it as a leading player in the Thai banking sector, recognised for its robust financial performance and strategic growth initiatives. With a focus on enhancing financial accessibility, ICBC (Thai) continues to achieve significant milestones in the competitive landscape of commercial banking.
DitchCarbon Score
How does Industrial and Commercial Bank of China (Thai) Public Company Limited'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
Industrial and Commercial Bank of China (Thai) Public Company Limited's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industrial and Commercial Bank of China (Thai) Public Company Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Industrial and Commercial Bank of China Limited, which may influence its climate commitments and performance metrics. As part of its climate strategy, the bank inherits emissions data and performance insights from its parent company, Industrial and Commercial Bank of China Limited, at a cascade level of 1. However, there are no documented reduction targets or climate pledges specific to the Thai subsidiary. This lack of specific data suggests that the bank may still be in the process of establishing its own distinct climate commitments or may rely on broader corporate initiatives from its parent organisation. In the context of the banking industry, it is essential for institutions like Industrial and Commercial Bank of China (Thai) to develop robust climate strategies and emissions reduction targets to align with global sustainability goals. The absence of specific emissions data and reduction initiatives highlights an opportunity for the bank to enhance its environmental accountability and contribute to the fight against climate change.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 102,313,250 | 000,000,000 | 00,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Industrial and Commercial Bank of China (Thai) Public Company Limited's Industry?
How Carbon Intensive is Industrial and Commercial Bank of China (Thai) Public Company Limited's Location?
Industrial and Commercial Bank of China (Thai) Public Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Industrial and Commercial Bank of China (Thai) Public Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
