Set

Set's reported carbon emissions

## Set Carbon Emissions and Climate Commitments: A Comprehensive Overview Headquartered in Thailand, Set operates within the financial intermediation services sector. The company has established robust climate commitments, aiming for significant reductions in greenhouse gas emissions. **Greenhouse Gas Emissions Data:** * **2024:** Set reported a total of approximately 16,343,000 kg CO2e. This breaks down into: * Scope 1: Approximately 186,000 kg CO2e * Scope 2: Approximately 6,569,000 kg CO2e * Scope 3: Approximately 9,588,000 kg CO2e, with key contributors including purchased goods and services (approximately 6,016,000 kg CO2e) and fuel and energy-related activities (approximately 1,346,000 kg CO2e). * **2023:** Total emissions for 2023 were approximately 14,692,000 kg CO2e, comprising: * Scope 1: Approximately 261,000 kg CO2e * Scope 2: Approximately 6,784,000 kg CO2e * Scope 3: Approximately 7,647,000 kg CO2e, with upstream transportation and distribution accounting for approximately 2,546,000 kg CO2e. * **2022:** Set's total emissions in 2022 were approximately 14,745,000 kg CO2e, including: * Scope 1: Approximately 189,000 kg CO2e * Scope 2: Approximately 6,536,000 kg CO2e * Scope 3: Approximately 8,020,000 kg CO2e. * **2021:** Total emissions for 2021 were approximately 14,089,000 kg CO2e, with: * Scope 1: Approximately 161,000 kg CO2e * Scope 2: Approximately 6,035,000 kg CO2e * Scope 3: Approximately 7,893,000 kg CO2e. * **2020:** Scope 1 and 2 emissions amounted to approximately 6,080,000 kg CO2e, with Scope 1 at approximately 178,000 kg CO2e and Scope 2 at approximately 5,902,000 kg CO2e. Scope 3 data was not fully disclosed for this year. * **2019:** Scope 1 and 2 emissions were approximately 5,042,000 kg CO2e, comprising Scope 1 at approximately 205,000 kg CO2e and Scope 2 at approximately 4,837,000 kg CO2e. Scope 3 data was not fully disclosed. * **2018:** Scope 1 and 2 emissions totalled approximately 5,188,000 kg CO2e, with Scope 1 at approximately 175,000 kg CO2e and Scope 2 at approximately 5,013,000 kg CO2e. Scope 3 data was not fully disclosed. * **2017:** Scope 1 and 2 emissions were approximately 5,398,000 kg CO2e. Scope 1, 2, and 3 data were not fully disclosed for this year. **Climate Commitments and Reduction Targets:** Set is committed to significant greenhouse gas emission reductions, aligning with Science Based Targets initiative (SBTi) standards. * **Net-Zero Goal:** Set has a long-term ambition to achieve net-zero greenhouse gas emissions across its value chain by 2050, with a baseline year of 2022. * **Near-Term Target:** The organisation has set a goal to reduce absolute greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target encompasses Scope 1, Scope 2, and specific Scope 3 categories, including purchased goods and services, capital goods, fuel and energy-related activities, and upstream transportation and distribution. * **Long-Term Target:** Set aims for a 90% reduction in absolute greenhouse gas emissions by 2050, again using 2022 as the baseline year. This applies to Scope 1, Scope 2, and Scope 3 emissions. * **Past Initiatives:** In the past, Set had set a goal to reduce electricity consumption by 3% in 2018. These commitments demonstrate Set's dedication to environmental stewardship and sustainable business practices within the financial intermediation services sector.