Thanachart Bank Public Company Limited Sustainability Profile
Thanachart Bank Public Company Limited, commonly known as Thanachart Bank, is a prominent financial institution headquartered in Thailand. Established in 2002, the bank has rapidly evolved to become a key player in the Thai banking sector, offering a comprehensive range of financial services across the nation. Operating primarily in retail and corporate banking, Thanachart Bank provides unique products such as personal loans, mortgages, and business financing solutions tailored to meet diverse customer needs. The bank is recognised for its customer-centric approach and innovative digital banking services, enhancing accessibility and convenience for its clients. With a strong market position, Thanachart Bank has achieved significant milestones, including strategic partnerships and expansions that bolster its service offerings. As a trusted name in the industry, it continues to contribute to Thailand's economic growth while maintaining a commitment to excellence in customer service.
DitchCarbon Score
How does Thanachart Bank 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
Thanachart Bank Public Company Limited's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thanachart Bank Public Company Limited, headquartered in Thailand, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. It is important to note that emissions data may be cascaded from its merged entity, TMBThanachart Bank Public Company Limited, which could provide insights into the bank's overall environmental impact. However, without specific figures or commitments from either entity, it is challenging to assess Thanachart Bank's carbon footprint or climate strategy comprehensively. As the financial sector increasingly prioritises sustainability, Thanachart Bank's future climate commitments and potential emissions reporting will be crucial for aligning with industry standards and addressing climate change effectively.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 332,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 25,286,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 85,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is Thanachart Bank Public Company Limited's Industry?
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Thanachart Bank Public Company Limited's Scope 3 Categories Breakdown
Thanachart Bank Public Company Limited's Scope 3 emissions, which decreased by 2% last year and increased by approximately 567% since 2016, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 2% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.
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Thanachart Bank 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.
Thanachart Bank 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.
