Government Savings Bank (GSB), headquartered in Thailand, is a prominent financial institution established in 1913. With a strong presence across the nation, GSB primarily operates in the banking sector, focusing on savings accounts, loans, and financial services tailored for both individuals and businesses. Renowned for its commitment to promoting savings and financial literacy, GSB has achieved significant milestones, including the introduction of innovative digital banking solutions. Its core offerings, such as competitive interest rates on savings and accessible loan products, distinguish it in the market. As a key player in Thailand's banking industry, GSB has garnered a reputation for reliability and customer-centric services, making it a trusted choice for millions of customers seeking secure and efficient banking solutions.
How does Government Savings 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.
Government Savings Bank's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, the Government Savings Bank (GSB) reported total carbon emissions of approximately 2,677,998,000 kg CO2e. This figure includes Scope 1 emissions of about 19,241,000 kg CO2e and Scope 2 emissions of around 32,585,000 kg CO2e. The bank has shown a significant increase in emissions compared to 2021, when total emissions were approximately 1,633,057,000 kg CO2e, with Scope 1 and Scope 2 emissions of about 18,902,000 kg CO2e and 32,083,000 kg CO2e, respectively. GSB has not disclosed any Scope 3 emissions data, indicating a focus primarily on direct and indirect emissions from its operations. The bank has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a commitment to reducing its carbon footprint in line with industry standards. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from GSB's disclosures. As the bank continues to operate, it may benefit from establishing clear reduction initiatives and targets to enhance its sustainability profile and align with global climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | - | - | 00,000,000 | 00,000,000 |
Scope 2 | 8,546,810.8 | 0,000,000.0 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Government Savings 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.