Kiatnakin Phatra Bank, often referred to as KKP, is a prominent financial institution headquartered in Thailand. Established in 1945, the bank has evolved significantly, positioning itself as a key player in the Thai banking sector, particularly in retail and corporate banking. With a strong presence in major operational regions across Thailand, KKP offers a diverse range of financial services, including personal loans, mortgages, and investment products. What sets Kiatnakin Phatra Bank apart is its commitment to customer-centric solutions and innovative financial products tailored to meet the needs of both individual and corporate clients. The bank has achieved notable milestones, including recognition for its robust risk management practices and sustainable growth strategies. As a trusted name in the industry, KKP continues to enhance its market position through strategic initiatives and a focus on digital transformation.
How does Kiatnakin Phatra Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Kiatnakin Phatra Bank's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kiatnakin Phatra Bank reported total carbon emissions of approximately 16,168,000 kg CO2e. This figure includes Scope 1 emissions of about 3,406,000 kg CO2e, Scope 2 emissions of around 5,832,000 kg CO2e, and Scope 3 emissions totalling about 6,930,000 kg CO2e. The bank's emissions data for 2022 is incomplete, with only Scope 2 emissions disclosed, amounting to approximately 3,567,174 kg CO2e. In 2021, the bank reported Scope 1 and 2 emissions globally at about 5,550,480 kg CO2e, while Scope 2 emissions in Thailand were approximately 2,693,390 kg CO2e. Kiatnakin Phatra Bank has not set specific reduction targets or initiatives, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets or documented climate pledges. The bank's emissions data is not cascaded from a parent organisation, indicating that it operates independently in its reporting and climate commitments. Overall, Kiatnakin Phatra Bank's emissions profile reflects a significant carbon footprint, with a need for strategic initiatives to address climate impact and enhance sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2023 | |
---|---|---|---|
Scope 1 | 1,886,035.21 | - | 0,000,000 |
Scope 2 | 4,225,324.21 | - | 0,000,000 |
Scope 3 | - | - | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kiatnakin Phatra Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.