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 about 11,518,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and around 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 about 32,622,000 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions that occur in the value chain. In 2022, the total emissions were approximately 107,498,000 kg CO2e, with Scope 1 emissions at about 7,514,000 kg CO2e, Scope 2 emissions at around 62,643,000 kg CO2e, and Scope 3 emissions at approximately 37,341,000 kg CO2e. The 2021 data indicated total emissions of about 50,469,000 kg CO2e, with Scope 1 emissions of approximately 8,039,000 kg CO2e and Scope 2 emissions of around 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 science-based 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 will likely need to develop and communicate clear strategies to address its carbon emissions and align with global climate goals.