The SCBX Group is committed to becoming a financial technology company that achieves its Net Zero commitment in 2050.
The SCBX Group is committed to
becoming a financial technology
company that achieves its Net Zero
commitment in 2050.
We are bridging opportunities to enable
everyone to stay on the path of sustainability.
We are bridging
opportunities to
enable everyone to
stay on the path of
sustainability
01 NET ZERO EMISSIONS
AND CLIMATE TECHNOLOGY
The SCBX Group recognizes the critical need to limit the global temperature increase to 1.5°C in line with the Paris Agreement. In response, we have announced our commitment to achieve Net Zero in our own operations by 2030 and in our lending and investment activities by 2050. Additionally, we are committed to following the SCBX Climate Change and Environmental Stewardship Policy supporting all stakeholders in their transition to a low-carbon society and achieving Net Zero through four key strategic thrusts.
Becoming a NET ZERO
Becoming a
NET ZERO
01 Becoming a NET ZERO FINTECH COMPANY
01 Becoming a NET ZERO FINTECH
Prioritize the transformation of internal management processes through
adopting modern technology or smart building systems,
• adopting modern technology or smart building systems,
• transitioning all vehicles to electric vehicles by 2028, and
• sourcing 100% of the electricity from renewable sources.
02 Empowering & Incentivizing Customers toward a Net Zero Future
02 Empowering & Incentivizing Customers toward a Net Zero Future
Mobilize THB200 Billion by 2030 to support businesses or projects seeking to focus on reducing greenhouse gas emissions as well as provide advisory on net zero transition.
03 Accelerating net-zero through TECH Innovation Ecosystem
03 Accelerating net-zero through TECH Innovation Ecosystem
1. Invest an initial amount of USD 200 million in global funds and companies focusing on the development of technologies for carbon capture, utilization, and storage.
2. Develop platforms and innovations to drive broader carbon footprint reduction for the Group and its customers to achieve net zero emissions.
04 Setting science-based targets and enhancing transparency through GLOBAL STANDARDS
04 Setting science-based targets and enhancing transparency through GLOBAL STANDARDS
Adopt/participate in global standards / initiatives, i.e.,:
1. Standards developed by the Partnership for Carbon Accounting Financials (PCAF) to assess greenhouse gas emissions
2. Science Based Targets Initiative (SBTi) to set financial sector science-based targets
3. Task Force on Climate-related Financial Disclosures (TCFD) to increase sector-wide transparency
Managing the organization’s footprint
Managing the organization’s footprint
Supporting sustainable finance
Supporting sustainable finance
02 OPERATIONAL ECO-EFFICIENCY
The SCBX Group is committed to improving the efficiency of energy and natural resource utilization and waste management; applying digital technology in operational processes; and promoting green supply chain to maintain the balance of natural resources and the environment, which forms the economic and social capital for sustainable development, both at present and in the future.