Krung Thai Bank PCL

Common Name
Krung Thai Bank
Country
Thailand
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
KTB
Exchange
STOCK EXCHANGE OF THAILAND
Description
Krung Thai Bank Public Company Limited is a prominent financial institution in Thailand, known for its extensive banking and financial services operations. As a major commercial bank, it provides an a...

Krung Thai Bank's GHG Emissions Data Preview

In 2024, Krung Thai Bank 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).

Krung Thai Bank has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 Krung Thai Bank’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 Krung Thai Bank’s data sources below and access millions more through our Disclosure Search.

a. Krung Thai Bank's Sustainability Report 2024
a. Krung Thai Bank's Sustainability Report 2024
b. Krung Thai Bank's Sustainability Report 2023
b. Krung Thai Bank's Sustainability Report 2023
c. Krung Thai Bank's TCFD Report 2022
c. Krung Thai Bank's TCFD Report 2022

Insights into Krung Thai Bank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Krung Thai Bank amounted to 74,362 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 2023, the total operational greenhouse gas (GHG) emissions of Krung Thai Bank decreased by 2.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Krung Thai Bank's Scope 1 Emissions Over Time

20192020202120222023202407 k14 k21 k28 ktCO2e-7%-14%+22%+92%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Krung Thai Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Krung Thai Bank were 25,701 metric tons of CO₂ equivalent (tCO₂e). a

Has Krung Thai Bank reduced its Scope 1 emissions over time?

Since 2019, Krung Thai Bank's Scope 1 emissions have increased by 77.89%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Krung Thai Bank's Scope 1 emissions decreased by 4.88%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Krung Thai Bank's Scope 2 emissions?

In 2024, Krung Thai Bank reported Scope 2 greenhouse gas (GHG) emissions of 37,698 tCO₂e using the market-based method and 48,661 tCO₂e using the location-based method. a

Has Krung Thai Bank reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Krung Thai Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Krung Thai Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Krung Thai Bank use for Scope 2 reporting?

In 2024, Krung Thai Bank reported its Scope 2 emissions using the market-based method and using the location-based method. a

Krung Thai Bank's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Krung Thai Bank's Value Chain Emissions

In 2024, Krung Thai Bank reported 34,707 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 2024 disclosure of Krung Thai Bank includes a breakdown across 5 of 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

Krung Thai Bank's Scope 3 Emissions Over Time

201920202021202220232024010 k20 k30 k40 ktCO2e-62%-1%+113%+81%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Krung Thai Bank's Scope 3 emissions?

In 2024, Krung Thai Bank reported total Scope 3 emissions of 34,707 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.07% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Krung Thai Bank reduced its Scope 3 emissions over time?

Since 2019, Krung Thai Bank's Scope 3 emissions have increased by 32.36%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Krung Thai Bank's Scope 3 emissions remained relatively stable, indicating that Krung Thai Bank 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Krung Thai Bank disclose?

In 2024, Krung Thai Bank reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Krung Thai Bank's Scope 3 emissions?

In 2024, the largest contributors to Krung Thai Bank's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 30,875 tCO₂e (88.96%)
  • Purchased Goods and Services (Cat. 1): 2,824 tCO₂e (8.14%)
  • Waste Generated in Operations (Cat. 5): 587 tCO₂e (1.69%)

Krung Thai Bank's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(1.7%)Employee Commuting(Cat. 7)(89.0%)Purchased Goods andServices (Cat. 1)(8.1%)

Insights into Krung Thai Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Krung Thai Bank reported Scope 1 greenhouse gas (GHG) emissions of 25,701 tCO₂e and total revenues of USD 4,610 millions. This translates into an emissions intensity of 5.58 tCO₂e per millions USD. a

Krung Thai Bank's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000100,0001,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)Bangkok BankYear: 2024Scope 1: 12,008 tCO2eRevenue: $M 5,475Scope 1 Intensity: 2.19 tCO2e/$MTISCO Financial GroupYear: 2023Scope 1: 311,144 tCO2eRevenue: $M 580Scope 1 Intensity: 536.50 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MWoori Financial GroupYear: 2023Scope 1: 10,954 tCO2eRevenue: $M 9,235Scope 1 Intensity: 1.19 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MMalayan BankingYear: 2024Scope 1: 11,761 tCO2eRevenue: $M 6,268Scope 1 Intensity: 1.88 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MStandard Bank GroupYear: 2024Scope 1: 13,877 tCO2eRevenue: $M 10,045Scope 1 Intensity: 1.38 tCO2e/$MKB Financial GroupYear: 2023Scope 1: 23,325 tCO2eRevenue: $M 15,261Scope 1 Intensity: 1.53 tCO2e/$MBank Leumi Le IsraelYear: 2024Scope 1: 2,950 tCO2eRevenue: $M 6,046Scope 1 Intensity: 0.49 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MFlagstar BankYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MBank of Ireland GroupYear: 2024Scope 1: 3,537 tCO2eRevenue: $M 4,643Scope 1 Intensity: 0.76 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MShinhan Financial GroupYear: 2024Scope 1: 13,575 tCO2eRevenue: $M 11,972Scope 1 Intensity: 1.13 tCO2e/$MTMBThanachart BankYear: 2023Scope 1: 3,042 tCO2eRevenue: $M 2,053Scope 1 Intensity: 1.48 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 747Scope 1 Intensity: 4.56 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MKasikornbankYear: 2023Scope 1: 15,468 tCO2eRevenue: $M 5,949Scope 1 Intensity: 2.60 tCO2e/$MKrung Thai BankYear: 2024Scope 1: 25,701 tCO2eRevenue: $M 4,610Scope 1 Intensity: 5.58 tCO2e/$M

How does Krung Thai Bank's GHG emissions intensity compare to its peers?

In 2024, Krung Thai Bank reported a Scope 1 emissions intensity of 5.58 tCO₂e per millions USD. Compared to the peer group median of 1.19 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Krung Thai Bank rank on GHG emissions intensity within its industry?

In 2024, Krung Thai Bank ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Krung Thai Bank's Total Carbon Footprint

In 2024, Krung Thai Bank reported a total carbon footprint of 109,069 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.03% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Krung Thai Bank's total carbon footprint was Scope 2 emissions, accounting for 44.61% of the company's total carbon footprint, followed by Scope 3 emissions at 31.82%. a

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