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 99% 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. This represents a notable increase from 2023, where total emissions were about 14,692,000 kg CO2e, with Scope 1 emissions at 261,000 kg CO2e, Scope 2 at 6,784,000 kg CO2e, and Scope 3 at 7,647,000 kg CO2e. Set has established ambitious climate commitments, aiming to reduce greenhouse gas emissions by 42% from a 2022 baseline by 2030 across all scopes. Furthermore, the organisation has set a long-term target to achieve a 90% reduction in emissions by 2050, also based on the 2022 levels. These targets align with the Science Based Targets initiative (SBTi) standards, demonstrating Set's commitment to addressing climate change effectively. The breakdown of emissions in 2024 highlights significant contributions from Scope 3, particularly from purchased goods and services (6,016,000 kg CO2e) and fuel and energy-related activities (1,346,000 kg CO2e). Set's proactive approach to reducing its carbon footprint reflects its dedication to sustainability and responsible corporate governance.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 5,188,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 5,398,000 | 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.