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 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Kasikornbank reported total greenhouse gas emissions of approximately 15,062,220 kg CO2e for Scope 1 and about 57,824,500 kg CO2e for Scope 2, resulting in a combined total of around 72,886,720 kg CO2e for both scopes. This marks a reduction from 2023, where emissions were approximately 15,467,650 kg CO2e for Scope 1 and about 61,174,880 kg CO2e for Scope 2, leading to a total of around 76,642,530 kg CO2e. Kasikornbank has set ambitious climate commitments, aiming for a net-zero target in its operations by 2030. This includes a commitment to reduce Scope 1 and 2 emissions by at least 90% from a baseline established in 2023. Additionally, the bank has set a near-term target to achieve a 21% reduction in Scope 1 and 2 emissions by 2025, using 2020 as the baseline year. The bank's emissions data is self-reported and does not include Scope 3 emissions. The reduction targets align with the Science-Based Targets Initiative (SBTi), demonstrating Kasikornbank's commitment to sustainable practices and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | 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 | 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 | 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.