Bank of Ayudhya Public Company Limited, also known as Krungsri, is a leading financial institution in Thailand that operates in the retail banking sector. The bank offers a wide range of financial products and services to its customers, including personal and business loans, credit cards, insurance, and investment services. Krungsri is committed to sustainable development and has taken significant steps towards decarbonisation and promoting renewable energy in its operations.

Krungsri has recognised the importance of reducing its carbon footprint and has implemented various initiatives to achieve its decarbonisation goals. The bank has set a target to reduce its carbon emissions by 20% by 2025, compared to its baseline year of 2019. To achieve this target, Krungsri has adopted a three-pronged approach that includes reducing energy consumption, increasing the use of renewable energy, and promoting sustainable transportation.

One of the key initiatives taken by Krungsri to reduce its carbon footprint is the implementation of a corporate energy management system. The system helps the bank to monitor and manage its energy consumption and identify areas where energy efficiency improvements can be made. Krungsri has also invested in energy-efficient technologies such as LED lighting and air conditioning systems to reduce its energy consumption.

Krungsri has also recognised the potential of renewable energy in reducing its carbon footprint and has taken steps to increase its use of renewable energy. The bank has signed a corporate power purchase agreement (PPA) with a renewable energy company to purchase renewable energy for its operations. The PPA allows Krungsri to purchase renewable energy at a fixed price, which helps to reduce its energy costs and promote the use of renewable energy.

In addition to the PPA, Krungsri has also invested in renewable energy projects such as solar panels and wind turbines to generate renewable energy for its operations. The bank has installed solar panels on the rooftops of its branches and offices, which helps to reduce its reliance on grid electricity and promote the use of renewable energy.

Krungsri has also taken steps to promote sustainable transportation by encouraging its employees to use public transportation and electric vehicles. The bank has installed electric vehicle charging stations at its offices and branches to promote the use of electric vehicles among its employees and customers.

Krungsri's commitment to decarbonisation and promoting renewable energy has not only helped the bank to reduce its carbon footprint but has also contributed to the overall sustainable development of Thailand. The bank's initiatives have helped to promote the use of renewable energy in the country and reduce its reliance on fossil fuels.

In conclusion, Bank of Ayudhya Public Company Limited, also known as Krungsri, is a leading financial institution in Thailand that operates in the retail banking sector. The bank is committed to sustainable development and has taken significant steps towards decarbonisation and promoting renewable energy in its operations. Krungsri has implemented various initiatives such as a corporate energy management system, a corporate PPA, and investments in renewable energy projects to reduce its carbon footprint and promote the use of renewable energy. Krungsri's commitment to sustainable development has not only helped the bank to achieve its decarbonisation goals but has also contributed to the overall sustainable development of Thailand.