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Services Auxiliary to Financial Intermediation
TH
updated 19 days ago

Sumitomo Mitsui Banking Corporation, Bangkok Branch

Company website

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.

46

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.

29

Industry Benchmark

Sumitomo Mitsui Banking Corporation, Bangkok Branch's score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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Sumitomo Mitsui Banking Corporation, Bangkok Branch's reported carbon emissions

Inherited from Sumitomo Mitsui Banking Corporation

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.

Unlock detailed emissions data

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

202120222023
Scope 1
40,800
00,000
00,000
Scope 2
13,600
0,000
0,000
Scope 3
205,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sumitomo Mitsui Banking Corporation, Bangkok Branch's primary industry is Services auxiliary to financial intermediation (67), 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 Sumitomo Mitsui Banking Corporation, Bangkok Branch 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.

Sumitomo Mitsui Banking Corporation, Bangkok Branch 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

Where does DitchCarbon data come from?

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