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Financial Intermediation
TH
updated 6 months ago

Sumitomo Mitsui Trust Bank (Thai) Public Company Limited

Company website

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.

41

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.

28

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.

65%

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Sumitomo Mitsui Trust Bank (Thai) Public Company Limited's reported carbon emissions

Inherited from Sumitomo Mitsui Trust Group, Inc.

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.

Unlock detailed emissions data

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

20162017201820192020202120222023
Scope 1
4,907,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
35,925,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sumitomo Mitsui Trust Bank (Thai) Public Company Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Trust Bank (Thai) Public Company Limited 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 Trust Bank (Thai) Public Company Limited 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

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