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.
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
Tmbthanachart Bank's score of 50 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tmbthanachart Bank's reported carbon emissions
In 2024, TMBThanachart Bank reported total carbon emissions of approximately 30,721,430 kg CO2e, comprising 2,747,240 kg CO2e from Scope 1, 27,974,190 kg CO2e from Scope 2, and 566,640 kg CO2e from Scope 3 emissions. The bank's Scope 1 and 2 emissions combined accounted for about 30,721,430 kg CO2e, reflecting a slight decrease from 2023, where total emissions were approximately 33,458,500 kg CO2e. The bank's emissions data shows a consistent commitment to transparency, with disclosures across all three scopes. Notably, Scope 3 emissions included significant contributions from purchased goods and services (272,590 kg CO2e) and waste generated in operations (241,660 kg CO2e). Despite the detailed emissions reporting, TMBThanachart Bank has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests an opportunity for the bank to enhance its climate strategy and align with industry standards for emissions reduction. Overall, TMBThanachart Bank's emissions data reflects its operational footprint and highlights areas for potential improvement in climate commitments and sustainability initiatives.
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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 |
Industry emissions intensity
Location emissions 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 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.
