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Financial Intermediation
TH
updated a month ago

Scbx

Company website

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.

46

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.

27

Industry Benchmark

Scbx's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Scbx's reported carbon emissions

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 Scope 2 emissions at 8,039,000 kg CO2e and 42,430,000 kg CO2e, respectively. 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 established specific reduction targets or initiatives as part of its climate strategy, indicating a potential area for future development. The company has disclosed emissions across all relevant scopes (1, 2, and 3) for the years 2019 to 2022, demonstrating transparency in its reporting practices. As SCBX continues to navigate its environmental impact, the focus on comprehensive emissions data will be crucial for aligning with industry standards and enhancing its sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201420152016201720182019202020212022
Scope 1
43,000
00,000
-
-
00,000,000
00,000,000
00,000,000
0,000,000
00,000,000
Scope 2
27,362,000
00,000,000
00,000
00,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
0,000,000
0,000,000
00,000,000
000,000,000
-
-
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Scbx's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Scbx is in TH, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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