Ms. Kattiya Indaravijaya, KBank Chief Executive Officer, said, “KBank is the first and only bank in Thailand and Southeast Asia to maintain its leadership level on the CDP climate change “A List” for the second consecutive year, based on the 2023 sustainability assessment of the Carbon Disclosure Project (CDP), a not-for-profit charity on climate change management, with the largest database in the world. This award reaffirms KBank’s commitment to being a Bank of Sustainability, which places emphasis on supporting the transition towards a net-zero economy in line with the Paris Agreement and the Sustainable Development Goals (SDGs) of the United Nations in terms of both its own operations and assistance for customers in making such a transition via sustainable credit facilities.”
KBank has announced its Net Zero Commitment, targeting achievement of net zero in its own operations (Scope 1 and 2) by 2030, including its relentless efforts in developing a greenhouse gas inventory and achieving net zero in its portfolio (Scope 3) in line with Thailand’s aspirations. Additionally, KBank has set a target to extend 100-200 billion Baht in sustainable financing and investment by 2030, with the aim of maintaining its leadership in global sustainability standards while supporting customers and businesses in adapting to and advancing towards a net-zero economy together.
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About Carbon Disclosure Project (CDP)
CDP is a not-for-profit charity with a focus on climate change management. It sets carbon and climate change disclosure standards that are crucial to the world. Additionally, it serves as the largest online database of greenhouse gas (GHG) emissions for the world’s largest organizations. Investors rely on CDP data to make investment decisions. CDP assesses organizations on an eight-level scale, ranging from A to D-.
