Sumitomo Mitsui Banking Corporation, Bangkok Branch Sustainability Profile
Sumitomo Mitsui Banking Corporation (SMBC), a prominent player in the financial services industry, operates its Bangkok Branch as a vital hub in Thailand. Established in 2001, this branch is part of SMBC's extensive global network, headquartered in Tokyo, Japan, and serves key markets across Asia. SMBC is renowned for its comprehensive range of banking services, including corporate banking, investment banking, and asset management, tailored to meet the diverse needs of its clients. The bank's commitment to innovation and customer-centric solutions distinguishes it in a competitive landscape. With a strong market position, SMBC has achieved notable milestones, reinforcing its reputation as a trusted financial partner in the region. The Bangkok Branch continues to play a crucial role in facilitating trade and investment, contributing to the economic growth of Thailand and beyond.
DitchCarbon Score
How does Sumitomo Mitsui Banking Corporation, Bangkok Branch'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 Services Auxiliary to 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
Sumitomo Mitsui Banking Corporation, Bangkok Branch's score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sumitomo Mitsui Banking Corporation, Bangkok Branch, currently does not have specific carbon emissions data available for the most recent year. The branch is a current subsidiary of Sumitomo Mitsui Financial Group, Inc., and emissions data may be inherited from its parent organisation. However, no specific emissions figures have been provided. In terms of climate commitments, there are no documented reduction targets or initiatives reported for the Bangkok Branch. This includes the absence of Science-Based Targets Initiative (SBTi) targets or any significant climate pledges. The lack of data suggests that the branch may still be in the early stages of developing its climate strategy or reporting framework. As a subsidiary, the Bangkok Branch's climate performance may be influenced by the broader initiatives and commitments of its parent company, Sumitomo Mitsui Banking Corporation. However, without specific emissions data or reduction targets, it is challenging to assess the branch's individual impact or commitments in the context of climate change.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 40,800 | 00,000 | 00,000 |
| Scope 2 | 13,600 | 0,000 | 0,000 |
| Scope 3 | 205,000 | 000,000 | 000,000 |
How Carbon Intensive is Sumitomo Mitsui Banking Corporation, Bangkok Branch's Industry?
How Carbon Intensive is Sumitomo Mitsui Banking Corporation, Bangkok Branch's Location?
Sumitomo Mitsui Banking Corporation, Bangkok Branch's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sumitomo Mitsui Banking Corporation, Bangkok Branch has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
