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.
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.
Mean score of companies in the 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.
Krungthai Bank's score of 27 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Krungthai Bank reported total carbon emissions of approximately 74,000,000 kg CO2e, comprising 17,478,130 kg CO2e from Scope 1, 37,005,660 kg CO2e from Scope 2, and 28,254,180 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, although specific reduction targets or initiatives have not been disclosed. Over the years, the bank has demonstrated a consistent approach to managing its carbon footprint. For instance, in 2022, total emissions were about 55,000,000 kg CO2e, indicating a rise in emissions in 2023. The bank has engaged in document destruction initiatives that have resulted in significant CO2 emission reductions, with reductions reported at 14,230 kg CO2e in 2010, increasing to 18,180 kg CO2e in 2014. Despite the lack of specific reduction targets or climate pledges, Krungthai Bank's emissions data highlights its ongoing efforts to monitor and manage its environmental impact. The bank's commitment to sustainability is evident through its emissions disclosures, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 86,550 | 00,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 22,500 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 9,520 | 0,000 | 0,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Krungthai Bank is committed to some 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.