Kasikornbank PCL

Common Name
Kasikornbank
Country
Thailand
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
KBANK
Exchange
STOCK EXCHANGE OF THAILAND
Description
Kasikornbank Public Company Limited is a leading financial institution based in Thailand that offers a comprehensive range of banking and financial services. With its roots tracing back to 1945, Kasik...

Kasikornbank's GHG Emissions Data Preview

In 2023, Kasikornbank 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).

Kasikornbank has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Kasikornbank’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 Kasikornbank’s data sources below and access millions more through our Disclosure Search.

a. Kasikornbank's Sustainability Report 2023
a. Kasikornbank's Sustainability Report 2023
b. Kasikornbank's TCFD Report 2022
b. Kasikornbank's TCFD Report 2022

Insights into Kasikornbank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kasikornbank amounted to 79,501.96 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Kasikornbank increased by 9.56%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Kasikornbank's Scope 1 Emissions Over Time

2019202020212022202305.5 k11 k16.5 k22 ktCO2e-11%-15%-29%+38%
  • Total Scope 1
  • Year-over-Year Change

What are Kasikornbank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kasikornbank were 15,467.65 metric tons of CO₂ equivalent (tCO₂e). a

Has Kasikornbank reduced its Scope 1 emissions over time?

Since 2019, Kasikornbank's Scope 1 emissions have decreased by 26.85%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Kasikornbank's Scope 1 emissions increased by 37.71%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Kasikornbank's Scope 2 emissions?

In 2023, Kasikornbank reported Scope 2 greenhouse gas (GHG) emissions of 61,174.88 tCO₂e using the market-based method and 64,034.31 tCO₂e using the location-based method. a

Has Kasikornbank reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Kasikornbank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Kasikornbank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Kasikornbank use for Scope 2 reporting?

In 2023, Kasikornbank reported its Scope 2 emissions using the market-based method and using the location-based method. a

Kasikornbank's Scope 2 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kasikornbank's Value Chain Emissions

In 2023, Kasikornbank reported 36,677,145.3 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Kasikornbank includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Kasikornbank's Scope 3 Emissions Over Time

202020212022202309.5 M19 M28.5 M38 MtCO2e-42%+5616961%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Kasikornbank's Scope 3 emissions?

In 2023, Kasikornbank reported total Scope 3 emissions of 36,677,145.3 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.99% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Kasikornbank's Scope 3 emissions remained relatively stable, indicating that Kasikornbank 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Kasikornbank disclose?

In 2023, Kasikornbank reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Kasikornbank's Scope 3 emissions?

In 2023, the largest contributors to Kasikornbank's Scope 3 emissions were: a

  • Investments (Cat. 15): 36,674,219 tCO₂e (99.99%)
  • Business Travel (Cat. 6): 2,926.3 tCO₂e (0.01%)

Kasikornbank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into Kasikornbank’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Kasikornbank reported Scope 1 greenhouse gas (GHG) emissions of 15,467.65 tCO₂e and total revenues of USD 5,949 millions. This translates into an emissions intensity of 2.6 tCO₂e per millions USD. a

Kasikornbank's Scope 1 Emissions Intensity Compared to Peers

2002,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)THSBangkok BankYear: 2024Scope 1: 12,008 tCO2eRevenue: $M 5,475Scope 1 Intensity: 2.19 tCO2e/$MTISCO Financial GroupYear: 2023Scope 1: 311,144 tCO2eRevenue: $M 580Scope 1 Intensity: 536.50 tCO2e/$MKrung Thai BankYear: 2024Scope 1: 25,701 tCO2eRevenue: $M 4,610Scope 1 Intensity: 5.58 tCO2e/$MGrupo Financiero GaliciaYear: 2024Scope 1: 2,940 tCO2eRevenue: $M 7,366Scope 1 Intensity: 0.40 tCO2e/$MFIBIYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 1,797Scope 1 Intensity: 0.84 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MUnicaja BancoYear: 2024Scope 1: 1,595 tCO2eRevenue: $M 2,215Scope 1 Intensity: 0.72 tCO2e/$MBank of East AsiaYear: 2024Scope 1: 2,254 tCO2eRevenue: $M 2,638Scope 1 Intensity: 0.85 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MJyske BankYear: 2023Scope 1: 639 tCO2eRevenue: $M 2,199Scope 1 Intensity: 0.29 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MYapi ve Kredi BankasiYear: 2024Scope 1: 16,421 tCO2eRevenue: $M 4,242Scope 1 Intensity: 3.87 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MBAWAG GroupYear: 2023Scope 1: 1,331 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.76 tCO2e/$MSinopac Financial HoldingsYear: 2023Scope 1: 1,508 tCO2eRevenue: $M 1,722Scope 1 Intensity: 0.88 tCO2e/$MBank of ChangshaYear: 2023Scope 1: 862 tCO2eRevenue: $M 3,501Scope 1 Intensity: 0.25 tCO2e/$MFlagstar BankYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MTMBThanachart BankYear: 2023Scope 1: 3,042 tCO2eRevenue: $M 2,053Scope 1 Intensity: 1.48 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 747Scope 1 Intensity: 4.56 tCO2e/$MHHHuishang BankYear: 2024Scope 1: 2,519 tCO2eRevenue: $M 5,036Scope 1 Intensity: 0.50 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MKasikornbankYear: 2023Scope 1: 15,468 tCO2eRevenue: $M 5,949Scope 1 Intensity: 2.60 tCO2e/$M

How does Kasikornbank's GHG emissions intensity compare to its peers?

In 2023, Kasikornbank reported a Scope 1 emissions intensity of 2.6 tCO₂e per millions USD. Compared to the peer group median of 1.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Kasikornbank rank on GHG emissions intensity within its industry?

In 2023, Kasikornbank ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Kasikornbank among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Kasikornbank's Total Carbon Footprint

In 2023, Kasikornbank reported a total carbon footprint of 36,756,647.26 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.57% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Kasikornbank's total carbon footprint was Scope 3 emissions, accounting for 99.78% of the company's total carbon footprint, followed by Scope 2 emissions at 0.17%. a

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