Set, officially known as the Stock Exchange of Thailand, is a leading financial institution headquartered in Bangkok, Thailand. Established in 1975, Set has played a pivotal role in the development of the Thai capital market, facilitating investment opportunities and fostering economic growth across the region. Operating primarily in Southeast Asia, Set offers a range of services including securities trading, market information, and investment education. Its core products, such as the SET Index and various exchange-traded funds, are designed to provide investors with unique insights and opportunities in the Thai market. Recognised for its commitment to transparency and innovation, Set has achieved significant milestones, including the introduction of digital trading platforms. As a key player in the financial industry, Set continues to enhance its market position, contributing to the overall stability and growth of Thailand's economy.
How does Set'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.
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.
Set's score of 74 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Set reported total carbon emissions of approximately 16,343,000 kg CO2e, comprising 186,000 kg CO2e from Scope 1, 6,569,000 kg CO2e from Scope 2, and 9,588,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (6,016,000 kg CO2e) and fuel and energy-related activities (1,346,000 kg CO2e). Set has established ambitious climate commitments, aiming to reduce greenhouse gas emissions by 42% by 2030 from a 2022 baseline. This target encompasses all scopes, including a specific focus on reducing Scope 1 and 2 emissions by 90% by 2050. Additionally, Set is committed to achieving net-zero emissions across its value chain by 2050, aligning with Science Based Targets initiative (SBTi) standards. In previous years, Set's emissions were as follows: in 2023, total emissions were about 14,692,000 kg CO2e; in 2022, they were approximately 14,745,000 kg CO2e; and in 2021, emissions were around 14,089,000 kg CO2e. The organization has shown a consistent effort to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency and accountability in its climate strategy. Set's long-term goals reflect a significant reduction trajectory, with a target to cut emissions by 90% by 2050 compared to the 2022 baseline, indicating a robust approach to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Set is participating in some 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.