Kiatnakin Phatra Bank Sustainability Profile
Kiatnakin Phatra Bank, often referred to as KKP, is a prominent financial institution headquartered in Thailand. Established in 1945, the bank has evolved significantly, positioning itself as a key player in the Thai banking sector, particularly in retail and corporate banking. With a strong presence in major operational regions across Thailand, KKP offers a diverse range of financial services, including personal loans, mortgages, and investment products. What sets Kiatnakin Phatra Bank apart is its commitment to customer-centric solutions and innovative financial products tailored to meet the needs of both individual and corporate clients. The bank has achieved notable milestones, including recognition for its robust risk management practices and sustainable growth strategies. As a trusted name in the industry, KKP continues to enhance its market position through strategic initiatives and a focus on digital transformation.
DitchCarbon Score
How does Kiatnakin Phatra Bank'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
Kiatnakin Phatra Bank's score of 28 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kiatnakin Phatra Bank's reported carbon emissions
In 2023, Kiatnakin Phatra Bank reported total carbon emissions of approximately 16,168,000 kg CO2e. This figure includes Scope 1 emissions of about 3,406,000 kg CO2e, Scope 2 emissions of around 5,832,000 kg CO2e, and Scope 3 emissions totalling approximately 6,930,000 kg CO2e. The bank's emissions data for 2022 indicates a focus on reducing its carbon footprint, with Scope 1 emissions recorded at about 3,017,223 kg CO2e and Scope 2 emissions at approximately 3,567,174 kg CO2e. However, no Scope 3 emissions data was disclosed for that year. Kiatnakin Phatra Bank has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from any parent organisation. The bank's emissions reporting reflects its commitment to transparency in environmental impact, although further details on reduction strategies or climate pledges are not available. Overall, Kiatnakin Phatra Bank's emissions data highlights the importance of ongoing efforts to manage and reduce carbon emissions in alignment with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,886,035.21 | 0,000,000 | - | 0,000,000 |
| Scope 2 | 4,225,324.21 | 0,000 | 0,000 | 0,000,000 |
| Scope 3 | - | 0,000 | 0,000 | 0,000,000 |
How Carbon Intensive is Kiatnakin Phatra Bank's Industry?
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Kiatnakin Phatra Bank'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.
Kiatnakin Phatra Bank 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.
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