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 84% 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 2024, Krungthai Bank reported total greenhouse gas emissions of approximately 43,642,000 kg CO2e, comprising 17,091,000 kg CO2e from Scope 1, 26,551,000 kg CO2e from Scope 2, and 20,506,000 kg CO2e from Scope 3 emissions. The bank's emissions from mobile combustion accounted for about 9,556,000 kg CO2e, while fugitive emissions contributed approximately 6,801,000 kg CO2e. In 2023, the bank's total emissions were about 54,483,000 kg CO2e, with Scope 1 emissions at 17,478,000 kg CO2e, Scope 2 emissions at approximately 37,005,000 kg CO2e, and Scope 3 emissions reaching 22,453,000 kg CO2e. This indicates a slight reduction in total emissions from 2023 to 2024. Krungthai Bank has set ambitious climate commitments, aiming for a 10% reduction in greenhouse gas emissions by 2022 compared to a 2020 baseline. Furthermore, the bank is committed to achieving net-zero emissions for Scope 1 and 2 by 2030, with a long-term goal of reaching net-zero across all scopes by 2065, aligning with Thailand's Long-Term Low-Emission Development Strategy (LT-LEDS). The bank's initiatives include a focus on reducing energy consumption, water usage, and waste disposal, demonstrating a comprehensive approach to sustainability. These commitments reflect Krungthai Bank's alignment with the Paris Agreement and its dedication to addressing climate change effectively.
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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.
