The Bank adheres to the operational principles that reduce environmental impacts. In accordance with the United Nations Climate Change Convention (Paris Agreement), the commitment supports the goal of restricting global average temperature rise to less than 1.5 degrees Celsius compared to pre-industrial levels. Furthermore, the Bank has strived to contribute to Thailand’s targets of achieving carbon neutrality by 2050 and net zero greenhouse gas emissions by 2065. The environmental risks and impacts management, setting environmental management system guidelines that aim to promote the efficiency of natural resources consumption of the business, reducing emissions that negatively impact the environment are applied. This approach aims to enhance the balancing of business operations and corporate responsibility with the pursuit of sustainable growth.

The Bank set a long-term target to reduce GHG emissions by 30 percent by 2030 for operations within the bank (Scope 1 and 2), compared to the base year 2022. In 2024, the emissions reduction target has been set at 3% which the main responsible departments are the Operation and the Sustainability Team (SD). The GHG emissions reduction plan has been crafted aiming to reduce GHG emissions. 1,700 tons of carbon dioxide equivalent by implementing following actions:

• Renewable energy
• Energy efficiency
• Electric Vehicle
• Building retrofit
• Refrigerants