Ngern Tid Lor Public Company Limited
Ngern Tid Lor Public Company Limited, commonly known as Tid Lor, is a prominent player in Thailand's financial services sector, headquartered in Bangkok. Established in 2001, the company has rapidly evolved, focusing on providing innovative microfinance solutions and vehicle title loans, catering primarily to underserved segments of the market. With a strong presence across major regions in Thailand, Tid Lor distinguishes itself through its customer-centric approach and flexible loan products, which are designed to meet the diverse needs of individuals and small businesses. The company has achieved significant milestones, including a successful public listing, which has bolstered its market position as a leading provider of accessible financial services. Tid Lor's commitment to responsible lending and financial inclusion continues to drive its growth and reputation in the industry.
DitchCarbon Score
How does Ngern Tid Lor Public Company Limited'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.
Industry Average
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.
Industry Benchmark
Ngern Tid Lor Public Company Limited's score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ngern Tid Lor Public Company Limited's reported carbon emissions
In 2024, Ngern Tid Lor Public Company Limited reported total carbon emissions of approximately 9,000,000 kg CO2e, comprising 3,058,000 kg CO2e from Scope 1, 6,293,000 kg CO2e from Scope 2, and 832,000 kg CO2e from Scope 3. This represents a slight increase in emissions compared to 2023, where total emissions were about 8,600,000 kg CO2e, with Scope 1 at 2,923,000 kg CO2e, Scope 2 at 5,997,000 kg CO2e, and Scope 3 at 730,000 kg CO2e. In 2022, the company recorded total emissions of approximately 7,300,000 kg CO2e, with Scope 1 emissions at 2,613,000 kg CO2e, Scope 2 at 5,188,000 kg CO2e, and Scope 3 at 531,000 kg CO2e. The data indicates a consistent reporting of emissions across all three scopes, demonstrating transparency in their environmental impact. Despite the increase in emissions, Ngern Tid Lor has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The company’s emissions data is not cascaded from a parent organization, ensuring that the reported figures are solely reflective of its operations. Overall, Ngern Tid Lor's commitment to addressing climate change remains unclear, as they have not established formal reduction targets or initiatives to mitigate their carbon footprint.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 2,324,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,188,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ngern Tid Lor Public Company Limited 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.
