In addition to the amount of GHG emissions from operations, the SCBX Group also focuses on managing the amount of indirect GHG emissions (Scope 3) or the amount of GHG emissions from financed emissions, which account for up to 80% of total GHG emissions, through designing and offering financial products and investments for the environment for all customer segments.
SCBX has initiated GHG accounting in accordance with the Partnership for Carbon Accounting Financials (PCAF) standard in order to know the amount of GHG in the Financed Emissions Baseline, and is now in the process of analyzing and planning a Net Zero Roadmap to manage portfolios and support customers in transitioning to low-carbon businesses and achieving Net Zero goals together.
In addition to the amount of GHG emissions from operations, the SCBX Group also focuses on managing the amount of indirect GHG emissions (Scope 3) or the amount of GHG emissions from financed emissions, which account for up to 80% of total GHG emissions, through designing and offering financial products and investments for the environment for all customer segments.
SCBX has initiated GHG accounting in accordance with the Partnership for Carbon Accounting Financials (PCAF) standard in order to know the amount of GHG in the Financed Emissions Baseline, and is now in the process of analyzing and planning a Net Zero Roadmap to manage portfolios and support customers in transitioning to low-carbon businesses and achieving Net Zero goals together.
Percentage of GHG
Emissions Scope 3
Supporting Sustainable Finance
The SCBX Group recognizes that energy is vital to the country’s economic and social development, while at the same time understanding that energy from fossil fuels is one of the top sources of GHG emissions, exacerbating climate change. The Group by SCB has therefore announced a Statement on Fossil Fuel Financing. which initially covers two high carbon-emissions industries, namely coal, and unconventional oil & gas.
Furthermore, SCB is employing a range of financial instruments to support clients and projects that aim for climate change mitigation or adaptation.
In 2022, Green/Sustainable
Finance over
116,906
million baht
Renewable Energy Finance
With expertise and knowledge in the renewable energy industry, SCBX group understands that renewable energy is a crucial mechanism in supporting a transition to a low-carbon economy, so the group has consistently provided financial support to renewable energy production plants.
Renewable Energy Finance
With expertise and knowledge in the renewable energy industry, SCBX group understands that renewable energy is a crucial mechanism in supporting a transition to a low-carbon economy, so the group has consistently provided financial support to renewable energy production plants.
Solar Energy in Vietnam
Provided financial support to solar photovoltaic power plants with a combined capacity of 100 megawatts.
Wind Power in Thailand
Provided financial support to wind farms with generation capacity of over 120 megawatts
Solar Energy in Thailand
Provided financial support to solar photovoltaic power plants with a combined capacity of 300 megawatts.
Creating innovation and investment for Net Zero
Raise Awareness among Employees
Promoting Engagement throughout the Value Chain
