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Public Profile
Financial Intermediation
TH
updated a month ago

Tmbthanachart Bank

Company website

TMBThanachart Bank, commonly referred to as TMB, is a prominent financial institution headquartered in Thailand. Established in 1957, the bank has evolved significantly, merging with Thanachart Bank in 2020 to enhance its market presence and service offerings. TMB operates primarily in the banking and financial services industry, focusing on retail banking, corporate banking, and wealth management. The bank is renowned for its innovative products, including personal loans, savings accounts, and investment services, which are tailored to meet the diverse needs of its customers. TMB's commitment to customer-centric solutions and digital banking has positioned it as a leader in the Thai financial sector. With a strong emphasis on sustainability and community engagement, TMBThanachart Bank continues to achieve notable milestones, reinforcing its reputation as a trusted banking partner in Thailand and beyond.

DitchCarbon Score

How does Tmbthanachart Bank'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.

39

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

Tmbthanachart Bank's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Tmbthanachart Bank's reported carbon emissions

In 2023, TMBThanachart Bank reported total carbon emissions of approximately 32,658,000 kg CO2e. This figure includes Scope 1 emissions of about 3,040,000 kg CO2e, Scope 2 emissions of approximately 21,600,000 kg CO2e, and Scope 3 emissions of about 8,020,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 24,642,170 kg CO2e. Comparatively, in 2022, the bank's total emissions were about 26,012,000 kg CO2e, with Scope 1 emissions at approximately 3,670,000 kg CO2e, Scope 2 emissions around 22,018,000 kg CO2e, and Scope 3 emissions significantly lower at about 330,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. TMBThanachart Bank has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any targets from a parent organisation. The bank's emissions data is independently reported, reflecting its own operational impact without external influence from corporate family relationships. Overall, TMBThanachart Bank's emissions data highlights the need for ongoing assessment and potential strategies to address its carbon footprint in alignment with global climate goals.

Unlock detailed emissions data

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

2020202120222023
Scope 1
971,320
000,000
0,000,000
0,000,000
Scope 2
15,408,950
00,000,000
00,000,000
00,000,000
Scope 3
492,170
000,000
000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tmbthanachart Bank'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 Tmbthanachart Bank 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.

Tmbthanachart Bank 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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