CIMB Thai Bank PCL is a leading financial institution in Thailand that operates in the banking sector. The bank is committed to sustainable development and has taken several initiatives towards decarbonisation and renewable energy. CIMB Thai Bank PCL is a subsidiary of CIMB Group Holdings Berhad, which is a leading ASEAN universal bank, headquartered in Kuala Lumpur, Malaysia.

The bank has a long-standing commitment to sustainability and has set ambitious targets to reduce its carbon footprint. CIMB Thai Bank PCL has adopted a comprehensive approach to decarbonisation, which includes reducing its energy consumption, promoting renewable energy, and engaging in carbon offsetting. The bank has set a target to reduce its carbon emissions by 50% by 2025, compared to its 2019 baseline.

CIMB Thai Bank PCL has implemented several initiatives to reduce its energy consumption and promote renewable energy. The bank has installed energy-efficient lighting and air conditioning systems in its branches and offices, which has resulted in significant energy savings. The bank has also implemented a corporate energy management system, which monitors and manages its energy consumption in real-time, enabling the bank to identify areas for improvement and reduce its energy consumption.

CIMB Thai Bank PCL has also entered into a corporate power purchase agreement (PPA) for renewable energy. The bank has signed a 10-year PPA with a local renewable energy provider, which will supply the bank with 20% of its electricity needs from renewable sources. This PPA will not only reduce the bank's carbon footprint but also provide a stable and predictable source of energy, which will help the bank manage its energy costs.

In addition to promoting renewable energy, CIMB Thai Bank PCL has also engaged in carbon offsetting. The bank has partnered with a local carbon offset provider to offset its carbon emissions by investing in renewable energy and energy efficiency projects. The bank has also launched a carbon offset program for its customers, which allows them to offset their carbon emissions by making a donation to a local renewable energy project.

CIMB Thai Bank PCL has also taken several initiatives to promote sustainability in its operations and supply chain. The bank has implemented a sustainable procurement policy, which requires its suppliers to comply with environmental and social standards. The bank has also launched a green finance program, which provides financing for sustainable projects, such as renewable energy and energy efficiency.

CIMB Thai Bank PCL has received several awards and recognition for its sustainability initiatives. The bank has been ranked among the top 50 ASEAN companies for sustainability by the ASEAN CSR Network. The bank has also been awarded the Green Office Label by the Thailand Environment Institute, which recognizes organizations that have implemented sustainable practices in their operations.

In conclusion, CIMB Thai Bank PCL is a leading financial institution in Thailand that is committed to sustainable development. The bank has taken several initiatives towards decarbonisation and renewable energy, including reducing its energy consumption, promoting renewable energy, and engaging in carbon offsetting. The bank has set ambitious targets to reduce its carbon footprint and has been recognized for its sustainability initiatives. CIMB Thai Bank PCL is a role model for other organizations in Thailand and the ASEAN region, demonstrating that sustainability and profitability can go hand in hand.