Scbx
SCBX, also known as SCB X Public Company Limited, is a leading financial services provider headquartered in Thailand. Established in 1907, the company has evolved significantly, positioning itself at the forefront of the digital banking revolution in Southeast Asia. With a strong presence in Thailand and expanding operations across the region, SCBX focuses on innovative banking solutions, wealth management, and investment services. The company is renowned for its commitment to digital transformation, offering unique products such as SCB Easy, a user-friendly mobile banking application that enhances customer experience. SCBX has achieved notable milestones, including its successful transition to a digital-first approach, which has solidified its market position as a pioneer in the financial technology sector. With a vision to empower customers through technology, SCBX continues to redefine the banking landscape in Thailand and beyond.
DitchCarbon Score
How does Scbx'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
Scbx's score of 42 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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In 2022, SCBX reported total carbon emissions of approximately 60,736,000 kg CO2e, comprising 17,585,000 kg CO2e from Scope 1 and 43,151,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded 326,000 kg CO2e from Scope 3 emissions related to business travel. This data reflects a significant increase in emissions compared to 2021, where total emissions were about 50,469,000 kg CO2e, with Scope 1 and 2 emissions at 42,430,000 kg CO2e. SCBX's emissions data is cascaded from its parent company, The Siam Commercial Bank Public Company Limited, which provides a broader context for its climate commitments. However, SCBX has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future development in their sustainability strategy. The company has disclosed emissions data for Scopes 1, 2, and 3, demonstrating transparency in its reporting practices. As SCBX continues to evolve its climate commitments, it may benefit from establishing clear reduction targets to align with global climate goals.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 43,000 | 00,000 | - | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 27,362,000 | 00,000,000 | 00,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | - | - | 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.
Scbx 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.
