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Bangkok Life Assurance PCL

Common Name
Bangkok Life Assurance
Country
Thailand
Sector
Financial Services
Industry
Insurance - Life
Employees
N/A
Ticker
BLA
Exchange
STOCK EXCHANGE OF THAILAND
Description
Bangkok Life Assurance Public Company Limited is a prominent life insurance provider in Thailand, offering a wide array of insurance products and services to individuals and businesses. Its main purpo...

Bangkok Life Assurance's GHG Emissions Data Preview

In 2024, Bangkok Life Assurance completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Bangkok Life Assurance has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Bangkok Life Assurance’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Bangkok Life Assurance’s data sources below and access millions more through our Disclosure Search.

a. Bangkok Life Assurance's Annual Report 2024
a. Bangkok Life Assurance's Annual Report 2024

Insights into Bangkok Life Assurance's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBangkok Life Assurance amounted to2,059metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Bangkok Life Assuranceincreased by 25.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Bangkok Life Assurance's Scope 1 Emissions Over Time

202120222023202402505007501 ktCO2e0%-3%+90%
  • Total Scope 1
  • Year-over-Year Change

What are Bangkok Life Assurance's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Bangkok Life Assurance were 874 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Bangkok Life Assurance reduced its Scope 1 emissions over time?

Since 2021, Bangkok Life Assurance's Scope 1 emissions have increased by 83.23%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Bangkok Life Assurance's Scope 1 emissions increased by 89.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Bangkok Life Assurance's Scope 2 emissions?

In 2024, Bangkok Life Assurance reported Scope 2 greenhouse gas (GHG) emissions of 1,185 tCOâ‚‚e without specifying the calculation method.a

Has Bangkok Life Assurance reduced its Scope 2 emissions over time?

Since 2021, Bangkok Life Assurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 18.84%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Bangkok Life Assurance's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Bangkok Life Assurance's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Bangkok Life Assurance use for Scope 2 reporting?

In 2024, Bangkok Life Assurance reported its Scope 2 emissions using an unspecified methodology.a

Bangkok Life Assurance's Scope 2 Emissions Over Time

202120222023202404008001.2 k1.6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bangkok Life Assurance's Value Chain Emissions

In 2024, Bangkok Life Assurance reported 516 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Bangkok Life Assurance includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Bangkok Life Assurance's Scope 3 Emissions Over Time

202120222023202402505007501 ktCO2e-64%+144%-36%
  • Total Scope 3
  • Year-over-Year Change

What are Bangkok Life Assurance's Scope 3 emissions?

In 2024, Bangkok Life Assurance reported total Scope 3 emissions of 516 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Bangkok Life Assurance reduced its Scope 3 emissions over time?

Since 2021, Bangkok Life Assurance's Scope 3 emissionshave decreased by 43.67%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Bangkok Life Assurance's Scope 3 emissions decreased by 35.74%, highlighting the company's efforts to lower indirect emissions from its value chain.a

Insights into Bangkok Life Assurance’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Bangkok Life Assurance reported Scope 1 greenhouse gas (GHG) emissions of 874 tCOâ‚‚e and total revenues of USD 1,334 millions. This translates into an emissions intensity of 0.66 tCOâ‚‚e per millions USD.a

Bangkok Life Assurance's Scope 1 Emissions Intensity Compared to Peers

202002,00050,000500,000Scope 1 Emissions (tCO2e)505005,00050,000200,000Revenues (Millions of USD)CMPKMercuries & Associates HoldingYear: 2024Scope 1: 14,633 tCO2eRevenue: $M 4,994Scope 1 Intensity: 2.93 tCO2e/$MThai Life InsuranceYear: 2024Scope 1: 1,298 tCO2eRevenue: $M 3,174Scope 1 Intensity: 0.41 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MCCChesnaraYear: 2024Scope 1: 62 tCO2eRevenue: $M 2,095Scope 1 Intensity: 0.03 tCO2e/$MMMMenora Mivtachim HoldingsYear: 2022Scope 1: 2,813 tCO2eRevenue: $M 1,670Scope 1 Intensity: 1.68 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$MManulife FinancialYear: 2024Scope 1: 123,897 tCO2eRevenue: $M 31,687Scope 1 Intensity: 3.91 tCO2e/$MPPPT Pacific Strategic FinancialYear: 2024Scope 1: 395 tCO2eRevenue: $M 139Scope 1 Intensity: 2.83 tCO2e/$MGlobe LifeYear: 2024Scope 1: 1,459 tCO2eRevenue: $M 5,778Scope 1 Intensity: 0.25 tCO2e/$MKKKGI Financial HoldingYear: 2024Scope 1: 1,525 tCO2eRevenue: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$MJackson FinancialYear: 2024Scope 1: 3,835 tCO2eRevenue: $M 3,092Scope 1 Intensity: 1.24 tCO2e/$MGenworth FinancialYear: 2024Scope 1: 542 tCO2eRevenue: $M 7,141Scope 1 Intensity: 0.08 tCO2e/$MCNP AssurancesYear: 2024Scope 1: 1,753 tCO2eRevenue: $M 4,015Scope 1 Intensity: 0.44 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,901Scope 1 Intensity: 0.15 tCO2e/$MSanlamYear: 2024Scope 1: 1,880 tCO2eRevenue: $M 12,076Scope 1 Intensity: 0.16 tCO2e/$MPower Corporation of CanadaYear: 2024Scope 1: 9,333 tCO2eRevenue: $M 22,920Scope 1 Intensity: 0.41 tCO2e/$MTawuniyaYear: 2024Scope 1: 2,274 tCO2eRevenue: $M 4,418Scope 1 Intensity: 0.51 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 6,010Scope 1 Intensity: 0.26 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 42,679Scope 1 Intensity: 1.04 tCO2e/$MHapvidaYear: 2024Scope 1: 9,637 tCO2eRevenue: $M 4,680Scope 1 Intensity: 2.06 tCO2e/$MPing AnYear: 2024Scope 1: 28,158 tCO2eRevenue: $M 102,059Scope 1 Intensity: 0.28 tCO2e/$MBangkok Life AssuranceYear: 2024Scope 1: 874 tCO2eRevenue: $M 1,334Scope 1 Intensity: 0.66 tCO2e/$M

How does Bangkok Life Assurance's GHG emissions intensity compare to its peers?

In 2024, Bangkok Life Assurance reported a Scope 1 emissions intensity of 0.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.51, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Bangkok Life Assurance rank on GHG emissions intensity within its industry?

In 2024, Bangkok Life Assurance ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Bangkok Life Assurance is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Bangkok Life Assurance's Total Carbon Footprint

In 2024, Bangkok Life Assurance reported a total carbon footprint of 2,575 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.58% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Bangkok Life Assurance's total carbon footprint was Scope 2 emissions, accounting for 46.02% of the company's total carbon footprint, followed by Scope 1 emissions at 33.94%.a

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