Ms. Kattiya Indaravijaya, KBank Chief Executive Officer, said, for the third year running, KBank has earned a spot on the CDP's prestigious A List (Leadership Level) for its climate change data disclosure, based on the 2024 sustainability assessment of the Carbon Disclosure Project (CDP), a globally recognized organization specializing in climate change management, with the largest database in the world. This achievement makes KBank the first bank in Southeast Asia to maintain this status.
The Bank aims to maintain its leadership in global sustainability standards while supporting customers and businesses in adapting and progressing towards a net-zero society. To foster sustainable growth, the Bank concurrently seeks to create opportunities by developing products and business services that align with the present economic and social context. Being on the CDP's A List for many consecutive years reflects the Bank's transparency and commitment to managing climate change across its entire value chain. This includes policy and strategy formulation, risk and opportunity management, and persistent efforts to achieve greenhouse gas emission reduction targets – both in the Bank's internal operations and portfolio. KBank has announced its Net Zero Commitment, targeting achievement of net zero in its own operations (Scope 1 and 2) by 2030, along with net zero in its financed portfolio (Scope 3) in line with Thailand's aspirations. Additionally, the Bank has set a target to provide sustainable financing and investment amounting to 100–200 billion Baht by 2030.
Furthermore, KBank has continuously received outstanding sustainability assessment results from other leading global organizations. Notably, it has been recognized as a member of the Dow Jones Best-in-Class Indices (formerly known as DJSI), a member of the S&P Global Sustainability Yearbook, and a member of FTSE4Good – all three for nine consecutive years. Additionally, the Bank has achieved an AA rating from MSCI ESG Ratings in every assessment cycle since 2019. These marks of recognition reflect the Bank's ongoing commitment to conducting business in accordance with international sustainability standards, aiming to deliver sustainable value to all stakeholders.
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About CDP
Carbon Disclosure Project (CDP) is an international non-profit organization, focusing on climate change management, based on a benchmark for global carbon disclosure and climate change mitigation efforts. It is an important online GHG information source for the world's leading organizations. International investors have confidence in the use of CDP data for their decision-making. CDP assesses organizations on an eight-level scale, ranging from A to D-.
About S&P Global Sustainability Yearbook 2025
The S&P Global Sustainability Yearbook 2025 is compiled by S&P Global, a globally recognized credit rating agency widely used as a reference by businesses and funds worldwide for investment decision-making. The assessment is tailored to each industry sector, evaluating business performance based on sustainable development across economic, social, and environmental dimensions. The goal is to identify companies with the highest sustainability scores within their respective industries. In 2024, a total of 7,690 leading companies worldwide were assessed, with 780 companies qualifying as members of the Sustainability Yearbook 2025. Among them, 65 banks from around the world were included in the banking industry category.
About FTSE4Good
FTSE4Good was created by FTSE Russell (Financial Times Stock Exchange Russell), an independent organization jointly established by The Financial Times and London Stock Exchange Financial, independent global index providers with extensive experience in creating indices for major stock exchanges worldwide. This sustainability assessment compiles ESG performance data of companies listed in the FTSE Index, excluding those engaged in tobacco production, weapons or their components, or coal. The data is gathered from company disclosures such as annual reports or websites. Subsequently, the assessment results are used as a reference by investors, financial analysts, and stakeholders for investment decision-making. Additionally, such results demonstrate that the selected organizations have sustainability performances that meet international standards.
About MSCI ESG Rating
MSCI ESG Rating is a sustainability assessment by MSCI ESG Research that compiles sustainability data of registered companies under the MSCI All Country World Index, excluding those engaged in alcoholic beverages, gambling, tobacco, nuclear energy, or weapons. The data is gathered from various sources, including company disclosures, public agency data, academic research, online databases, international/local media, or reports/interviews from NGOs. The process evaluates the companies' ESG risks and opportunities and their management of such variables.