Sumitomo Mitsui Trust Bank (Thai) Public Company Limited Sustainability Profile
Sumitomo Mitsui Trust Bank (Thai) Public Company Limited, commonly referred to as SMTB (Thai), is a prominent financial institution headquartered in Thailand. Established in 2008, the bank has rapidly developed a strong presence in the Thai banking sector, focusing on corporate banking, investment management, and trust services. With a commitment to delivering innovative financial solutions, SMTB (Thai) offers a range of core products, including asset management, private banking, and real estate investment services. Its unique approach combines local expertise with the global resources of the Sumitomo Mitsui Trust Group, positioning it as a trusted partner for both individual and corporate clients. Recognised for its robust market position, SMTB (Thai) continues to achieve significant milestones, contributing to the growth and stability of Thailand's financial landscape.
DitchCarbon Score
How does Sumitomo Mitsui Trust Bank (Thai) Public Company Limited'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 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 Trust Bank (Thai) Public Company Limited's score of 41 is higher than 65% 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 Trust Bank (Thai) Public Company Limited currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Sumitomo Mitsui Trust Group, Inc., and any relevant emissions data or climate commitments may be inherited from this parent organisation. As of now, there are no documented reduction targets or climate pledges specific to Sumitomo Mitsui Trust Bank (Thai). The bank's climate initiatives and commitments may align with those of its parent company, but specific details are not available. In the context of the financial services industry, it is essential for institutions like Sumitomo Mitsui Trust Bank (Thai) to engage in climate action and transparency, particularly as stakeholders increasingly demand accountability regarding carbon emissions and sustainability practices.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 45,900,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Sumitomo Mitsui Trust Bank (Thai) Public Company Limited's Industry?
How Carbon Intensive is Sumitomo Mitsui Trust Bank (Thai) Public Company Limited's Location?
Sumitomo Mitsui Trust Bank (Thai) Public Company Limited'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 Trust Bank (Thai) Public Company Limited 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.
