Bangkok Bank

Bangkok Bank's reported carbon emissions

Bangkok Bank, headquartered in Thailand and operating within financial intermediation services, has reported its carbon emissions across various scopes. For the fiscal year 2024, the bank's total reported emissions amounted to approximately 13,583,720 kg CO2e. This total comprises Scope 1 emissions of about 12,008,060 kg CO2e, Scope 2 emissions of approximately 57,598,900 kg CO2e, and Scope 3 emissions of roughly 2,032,860 kg CO2e. Within Scope 3, business travel accounted for about 769,120 kg CO2e and purchased goods and services contributed approximately 1,263,740 kg CO2e. In 2023, Bangkok Bank's total emissions were approximately 83,120,020 kg CO2e, with Scope 1 emissions at about 20,844,940 kg CO2e, Scope 2 at approximately 59,278,560 kg CO2e, and Scope 3 at around 1,940,060 kg CO2e. Business travel contributed about 634,000 kg CO2e and purchased goods and services accounted for approximately 1,306,000 kg CO2e in Scope 3 for that year. Prior to this, in 2022, total emissions were roughly 82,403,570 kg CO2e, consisting of Scope 1 at about 21,771,020 kg CO2e, Scope 2 at approximately 60,632,550 kg CO2e, and Scope 3 at around 1,512,280 kg CO2e. Business travel was approximately 247,000 kg CO2e and purchased goods and services were about 1,265,000 kg CO2e within Scope 3. The bank's emissions data shows a notable decrease in Scope 1 emissions from 2021 (11,619,000 kg CO2e) to 2020 (14,039,000 kg CO2e) and further to 2017 (4,039,000 kg CO2e), with a subsequent increase observed in 2022 and 2023. Scope 2 emissions have shown fluctuations, reaching a peak in 2022 and 2023. Scope 3 emissions, while generally lower than Scope 1 and 2, have also varied annually. Bangkok Bank has not publicly disclosed specific reduction targets or commitments in the provided information. However, as a financial institution, its climate strategy is likely to encompass managing its operational footprint and engaging with its clients on climate-related risks and opportunities.