Kiatnakin Phatra Bank
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 26 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 is incomplete, with only Scope 2 emissions reported at approximately 3,567,174 kg CO2e in Thailand. Previous years also show limited disclosures, with no total emissions reported for 2021 and 2020, although Scope 2 emissions were recorded at about 2,693,390 kg CO2e and 4,225,324 kg CO2e, respectively, in Thailand. Currently, Kiatnakin Phatra Bank has not established specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests a need for enhanced climate action strategies within the organisation. Overall, while Kiatnakin Phatra Bank has made strides in emissions reporting, further transparency and commitment to reduction targets would strengthen its climate strategy.
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| 2020 | 2023 | |
|---|---|---|
| Scope 1 | 1,886,035.21 | 0,000,000 |
| Scope 2 | 4,225,324.21 | 0,000,000 |
| Scope 3 | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Kiatnakin Phatra Bank 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.
