RHB Securities (Thailand) Public Company Limited

In 2023, RHB Securities (Thailand) Public Company Limited reported total carbon emissions of approximately 98,006,000 kg CO2e. This figure includes 11,518,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 53,866,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded 32,622,000 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions that occur in the value chain. In 2022, the company's total emissions were about 107,498,000 kg CO2e, with Scope 1 emissions at 7,514,000 kg CO2e, Scope 2 emissions at 62,643,000 kg CO2e, and Scope 3 emissions at 37,341,000 kg CO2e. The 2021 data indicated total emissions of approximately 50,469,000 kg CO2e, with Scope 1 emissions of 8,039,000 kg CO2e and Scope 2 emissions of 42,430,000 kg CO2e. Despite these figures, RHB Securities has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests that the company may still be in the early stages of formalising its climate commitments. As the financial services industry increasingly prioritises sustainability, RHB Securities may need to develop and communicate clear strategies to address its carbon emissions and align with global climate goals.