Ngern Tid Lor Public Company Limited Sustainability Profile
Ngern Tid Lor Public Company Limited, commonly known as Tid Lor, is a prominent player in Thailand's financial services sector, headquartered in Bangkok. Established in 2001, the company has rapidly evolved, focusing on providing innovative microfinance solutions and vehicle title loans, catering primarily to underserved segments of the market. With a strong presence across major regions in Thailand, Tid Lor distinguishes itself through its customer-centric approach and flexible loan products, which are designed to meet the diverse needs of individuals and small businesses. The company has achieved significant milestones, including a successful public listing, which has bolstered its market position as a leading provider of accessible financial services. Tid Lor's commitment to responsible lending and financial inclusion continues to drive its growth and reputation in the industry.
DitchCarbon Score
How does Ngern Tid Lor Public Company Limited'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
Ngern Tid Lor Public Company Limited's score of 44 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ngern Tid Lor Public Company Limited's reported carbon emissions
In 2024, Ngern Tid Lor Public Company Limited reported total carbon emissions of approximately 9,000,000 kg CO2e, comprising 3,058,000 kg CO2e from Scope 1, 6,293,000 kg CO2e from Scope 2, and 832,000 kg CO2e from Scope 3. This marks a slight increase from 2023, where total emissions were approximately 8,600,000 kg CO2e, with Scope 1 at 2,923,000 kg CO2e, Scope 2 at 5,997,000 kg CO2e, and Scope 3 at 730,000 kg CO2e. The company has demonstrated a commitment to sustainability, although no specific reduction targets or initiatives have been disclosed. The absence of SBTi (Science Based Targets initiative) reduction targets indicates that Ngern Tid Lor is currently not aligned with industry-standard climate commitments. Overall, Ngern Tid Lor's emissions data reflects its operational impact, with a focus on transparency in reporting. The company continues to monitor its carbon footprint as part of its environmental strategy.
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Ngern Tid Lor Public Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ngern Tid Lor Public Company Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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