Kasikornbank Public Company Limited, commonly known as KBank, is a leading financial institution headquartered in Thailand. Established in 1945, KBank has grown to become a prominent player in the banking industry, with a strong presence across Southeast Asia. The bank offers a comprehensive range of services, including retail banking, corporate banking, and investment services, distinguished by its innovative digital solutions and customer-centric approach. KBank has achieved significant milestones, such as being one of the first banks in Thailand to embrace digital banking, enhancing customer experience through technology. With a robust market position, KBank is recognised for its commitment to sustainability and financial inclusion, making it a trusted choice for individuals and businesses alike. Its unique blend of traditional banking values and modern financial services sets KBank apart in a competitive landscape.
How does Kasikornbank'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.
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.
Kasikornbank's score of 50 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kasikornbank reported total greenhouse gas emissions of approximately 76,642,530 kg CO2e, comprising 15,467,650 kg CO2e from Scope 1 and about 61,174,880 kg CO2e from Scope 2. The bank has set ambitious climate commitments, aiming for net-zero emissions in its operations by 2030, targeting at least a 90% reduction in absolute emissions for both Scope 1 and Scope 2, in alignment with the Science-Based Targets Initiative (SBTi). Looking at previous years, emissions in 2022 were about 72,873,560 kg CO2e, with Scope 1 contributing 11,232,010 kg CO2e and Scope 2 at approximately 70,170,160 kg CO2e. The bank achieved a 21% reduction in emissions from its 2020 baseline by 2025, which reflects its commitment to sustainability and climate action. Kasikornbank's ongoing efforts include a focus on reducing emissions intensity across various sectors, demonstrating a proactive approach to managing its carbon footprint while supporting broader environmental goals.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 18,249,980 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 95,259,340 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Kasikornbank 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.