Public Profile

Tmbthanachart Bank

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.

13

Industry Benchmark

Tmbthanachart Bank's score of 39 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

Tmbthanachart Bank's reported carbon emissions

In 2023, Tmbthanachart Bank reported total carbon emissions of approximately 32,658,000 kg CO2e. This figure includes 3,040,000 kg CO2e from Scope 1 emissions, 21,600,000 kg CO2e from Scope 2 emissions, and 8,020,000 kg CO2e from Scope 3 emissions. The bank's Scope 1 and 2 emissions combined totalled about 24,642,170 kg CO2e. In 2022, the bank's total emissions were approximately 26,012,000 kg CO2e, with Scope 1 emissions at 3,667,000 kg CO2e, Scope 2 emissions at 22,018,000 kg CO2e, and Scope 3 emissions at 330,000 kg CO2e. The previous year, 2021, saw total emissions of about 22,801,000 kg CO2e, with Scope 1 at 286,000 kg CO2e, Scope 2 at 22,306,000 kg CO2e, and Scope 3 at 209,000 kg CO2e. Despite these figures, Tmbthanachart Bank has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The bank's emissions data indicates a trend of increasing emissions over the years, highlighting the importance of establishing clear climate action plans to mitigate their environmental impact.

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Add to project
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. Tmbthanachart Bank is headquartered in TH, which has a rank of low, indicating low grid carbon intensity.

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 committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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