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.
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.
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.
Kiatnakin Phatra Bank's score of 28 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kiatnakin Phatra Bank reported total carbon emissions of approximately 16,168,000 kg CO2e, comprising 3,406,000 kg CO2e from Scope 1, 5,832,000 kg CO2e from Scope 2, and 6,930,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, with 2022 emissions recorded at about 6,584,390 kg CO2e, and 2021 at approximately 5,129,389 kg CO2e. The bank has disclosed emissions data for Scope 1 and Scope 2 for the years 2020 to 2023, but has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests that Kiatnakin Phatra Bank may be in the early stages of developing a comprehensive climate strategy. Overall, while the bank's emissions have fluctuated, the lack of defined reduction initiatives indicates a potential area for growth in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,886,035.21 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 4,225,324.21 | 0,000,000.00 | 0,000,000.00 | 0,000,000 |
Scope 3 | - | - | - | 0,000,000 |
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 committed to any reduction initiatives 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.