Krungthai Bank
Krungthai Bank Public Company Limited, commonly known as Krungthai Bank, is a leading financial institution headquartered in Bangkok, Thailand. Established in 1966, the bank has grown to become a pivotal player in the Thai banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence throughout Thailand, Krungthai Bank is renowned for its innovative financial products, including personal loans, savings accounts, and digital banking solutions. The bank's commitment to customer service and technological advancement has positioned it as a trusted partner for millions of customers. Notable achievements include its extensive network of branches and ATMs, making banking accessible to a diverse clientele. Krungthai Bank continues to play a significant role in driving Thailand's economic growth while maintaining a focus on sustainable practices.
DitchCarbon Score
How does Krungthai 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
Krungthai Bank's score of 71 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Krungthai Bank's reported carbon emissions
In 2023, Krungthai Bank reported total greenhouse gas emissions of approximately 54,483,000 kg CO2e, comprising 17,478,000 kg CO2e from Scope 1, 37,005,000 kg CO2e from Scope 2, and 22,453,000 kg CO2e from Scope 3. The bank has set ambitious climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2030, using 2022 as the base year. This commitment reflects a proactive approach to reducing its carbon footprint and aligns with global sustainability goals. In previous years, emissions have shown variability, with 2022 emissions recorded at approximately 56,220,000 kg CO2e, and 2021 at about 56,333,000 kg CO2e. The bank has also implemented initiatives such as document destruction to reduce emissions, achieving reductions of about 16,290 kg CO2e in 2013 and 18,180 kg CO2e in 2014. Overall, Krungthai Bank is actively working towards significant emissions reductions and has established clear targets to enhance its sustainability efforts in the financial sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 120,894,910 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Krungthai 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.
