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SCB X PCL

Common Name
SCB X
Country
Thailand
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
SCB
Exchange
STOCK EXCHANGE OF THAILAND
Description
SCB X Public Company Limited is a prominent financial institution operating primarily as a banking and financial services provider. As part of the broader financial landscape, it serves a crucial role...

SCB X's GHG Emissions Data Preview

In 2024, SCB X 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).

SCB X has also provided a category-level breakdown for 4 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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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=SCB&reporting_period=2024"

Verified Sources Behind SCB X’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 SCB X’s data sources below and access millions more through our Disclosure Search.

a. SCB X's Sustainability Report 2024
a. SCB X's Sustainability Report 2024
b. SCB X's Climate Change Statement 2021
b. SCB X's Climate Change Statement 2021

Insights into SCB X's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSCB X amounted to74,837metric 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 SCB Xincreased by 2.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

SCB X's Scope 1 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e-10%-20%-7%+53%+11%
  • Total Scope 1
  • Year-over-Year Change

What are SCB X's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SCB X were 12,757 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has SCB X reduced its Scope 1 emissions over time?

Since 2019, SCB X's Scope 1 emissions have increased by 15.12%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), SCB X's Scope 1 emissions increased by 10.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are SCB X's Scope 2 emissions?

In 2024, SCB X reported Scope 2 greenhouse gas (GHG) emissions of 40,660 tCOâ‚‚e using the market-based method and 62,080 tCOâ‚‚e using the location-based method.a

Has SCB X reduced its Scope 2 emissions over time?

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

What methodology does SCB X use for Scope 2 reporting?

In 2024, SCB X reported its Scope 2 emissions using the market-based method and using the location-based method.a

SCB X's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SCB X's Value Chain Emissions

In 2024, SCB X reported 31,267 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 SCB X includes a breakdown across 4of 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

SCB X's Scope 3 Emissions Over Time

20192020202120222023202402 M4 M6 M8 MtCO2e+7%+5163%-99%-10%-7%
  • Total Scope 3
  • Year-over-Year Change

What are SCB X's Scope 3 emissions?

In 2024, SCB X reported total Scope 3 emissions of 31,267 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has SCB X reduced its Scope 3 emissions over time?

Since 2019, SCB X's Scope 3 emissionshave decreased by 75.89%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

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

What categories of Scope 3 emissions does SCB X disclose?

In 2024, SCB X reported emissions for 4 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 SCB X's Scope 3 emissions?

In 2024, the largest contributors to SCB X's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 28,695 tCOâ‚‚e(91.77%)
  • Waste Generated in Operations (Cat. 5): 1,944 tCOâ‚‚e(6.22%)
  • Business Travel (Cat. 6): 558 tCOâ‚‚e(1.78%)

SCB X's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(1.8%)Waste Generated inOperations (Cat. 5)(6.2%)Purchased Goods andServices (Cat. 1)(91.8%)

Insights into SCB X’s GHG Emissions Intensity Compared to Industry Peers

In 2024, SCB X reported Scope 1 greenhouse gas (GHG) emissions of 12,757 tCOâ‚‚e and total revenues of USD 4,189 millions. This translates into an emissions intensity of 3.05 tCOâ‚‚e per millions USD.a

SCB X's Scope 1 Emissions Intensity Compared to Peers

205005,000100,0001,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)HSBangkok BankYear: 2024Scope 1: 12,008 tCO2eRevenue: $M 5,475Scope 1 Intensity: 2.19 tCO2e/$MBank of AyudhyaYear: 2024Scope 1: 9,007 tCO2eRevenue: $M 4,408Scope 1 Intensity: 2.04 tCO2e/$MTISCO Financial GroupYear: 2023Scope 1: 311,144 tCO2eRevenue: $M 580Scope 1 Intensity: 536.50 tCO2e/$MKrung Thai BankYear: 2024Scope 1: 25,701 tCO2eRevenue: $M 4,610Scope 1 Intensity: 5.58 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MStandard Bank GroupYear: 2024Scope 1: 13,877 tCO2eRevenue: $M 10,045Scope 1 Intensity: 1.38 tCO2e/$MKB Financial GroupYear: 2024Scope 1: 22,510 tCO2eRevenue: $M 13,701Scope 1 Intensity: 1.64 tCO2e/$MSwedbankYear: 2024Scope 1: 853 tCO2eRevenue: $M 6,654Scope 1 Intensity: 0.13 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MSinopac Financial HoldingsYear: 2024Scope 1: 1,439 tCO2eRevenue: $M 1,941Scope 1 Intensity: 0.74 tCO2e/$MBank of ChangshaYear: 2024Scope 1: 876 tCO2eRevenue: $M 3,553Scope 1 Intensity: 0.25 tCO2e/$MFlagstar BankYear: 2024Scope 1: 3,767 tCO2eRevenue: $M 2,584Scope 1 Intensity: 1.46 tCO2e/$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: 2024Scope 1: 2,747 tCO2eRevenue: $M 2,245Scope 1 Intensity: 1.22 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 747Scope 1 Intensity: 4.56 tCO2e/$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: 2024Scope 1: 15,062 tCO2eRevenue: $M 6,092Scope 1 Intensity: 2.47 tCO2e/$MSCB XYear: 2024Scope 1: 12,757 tCO2eRevenue: $M 4,189Scope 1 Intensity: 3.05 tCO2e/$M

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

In 2024, SCB X reported a Scope 1 emissions intensity of 3.05 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.22, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does SCB X rank on GHG emissions intensity within its industry?

In 2024, SCB X ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into SCB X's Total Carbon Footprint

In 2024, SCB X reported a total carbon footprint of 106,104 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.55% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to SCB X's total carbon footprint was Scope 2 emissions, accounting for 58.51% of the company's total carbon footprint, followed by Scope 3 emissions at 29.47%.a

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