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Kasikornbank, also known as KBank, is a leading financial institution headquartered in Thailand. Established in 1945, the bank has grown to become a prominent player in the financial intermediation services sector, excluding insurance and pension funding. With a strong presence across major regions in Thailand, KBank offers a diverse range of services, including retail banking, corporate banking, and investment services.
KBank is renowned for its innovative digital banking solutions, which set it apart in a competitive market. The bank has achieved significant milestones, including the introduction of advanced mobile banking applications that enhance customer experience. As a key player in Thailand's financial landscape, Kasikornbank continues to solidify its market position through strategic initiatives and a commitment to customer-centric services.
65
DitchCarbon score
+28 vs industry average
Kasikornbank’s score of 65 is higher than 77% 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 – 2028
202020212022202320242025202620272028
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.
Kasikornbank's reported carbon emissions
Kasikornbank, a financial intermediation services provider headquartered in Thailand, reported its Scope 1 and 2 emissions for 2025 as approximately 77,634,000 kg CO2e. This figure includes about 21,976,000 kg CO2e from Scope 1 emissions and approximately 55,658,000 kg CO2e from market-based Scope 2 emissions.
The company has set a target to become Net Zero in its own operations (Scope 1 and 2) by 2030, with a commitment to at least a 90% absolute emission reduction. Furthermore, Kasikornbank aims to reduce Scope 1 and 2 greenhouse gas emissions from its operations by 21% by 2025, using a 2020 baseline. Earlier, in 2017, the bank set a target to reduce GHG emissions from its operations by at least 20% by 2020, against a 2012 baseline.
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Kasikornbank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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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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
Kasikornbank23 days ago
65
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