Kasikornbank Public Company Limited (KBank) is one of the leading banks in Thailand, with a strong focus on sustainability and decarbonisation. The bank has been actively pursuing various initiatives to reduce its carbon footprint and promote renewable energy in the country.

Corporate Energy and Decarbonisation

KBank has set ambitious targets to reduce its carbon footprint and become a carbon-neutral organisation. The bank has adopted a comprehensive approach to decarbonisation, which includes reducing energy consumption, increasing the use of renewable energy, and offsetting carbon emissions.

To achieve its decarbonisation goals, KBank has implemented various energy-efficient measures across its operations, such as upgrading its lighting systems, installing energy-efficient air conditioning systems, and using renewable energy sources. The bank has also implemented a green building policy, which requires all new buildings and major renovations to meet green building standards.

In addition to reducing its own carbon footprint, KBank is also working to promote decarbonisation in the wider community. The bank has launched several initiatives to encourage its customers to adopt sustainable practices, such as offering green loans for energy-efficient projects and promoting the use of electric vehicles.

Corporate Power Purchase Agreements (PPAs)

KBank is also actively pursuing corporate power purchase agreements (PPAs) to increase its use of renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which allows the company to purchase renewable energy directly from the provider.

KBank has signed several corporate PPAs with renewable energy providers in Thailand, which has helped the bank to increase its use of renewable energy and reduce its carbon footprint. The bank has also launched a green bond programme, which allows investors to finance renewable energy projects in Thailand.

Renewable Energy

KBank is committed to promoting renewable energy in Thailand and has launched several initiatives to support the development of the renewable energy sector in the country. The bank has established a renewable energy fund, which provides financing for renewable energy projects in Thailand.

KBank has also launched a green energy loan programme, which offers financing for customers to install solar panels and other renewable energy systems. The bank has partnered with several renewable energy providers in Thailand to offer these loans, which has helped to increase the adoption of renewable energy in the country.

Conclusion

Kasikornbank Public Company Limited is a leading bank in Thailand that is committed to sustainability and decarbonisation. The bank has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy, and has implemented various initiatives to achieve these goals.

KBank's focus on corporate energy and decarbonisation has helped the bank to reduce its energy consumption and carbon emissions, while promoting sustainable practices among its customers. The bank's use of corporate PPAs and renewable energy financing has also helped to support the development of the renewable energy sector in Thailand.

Overall, KBank's commitment to sustainability and decarbonisation is a positive step towards a more sustainable future for Thailand and the wider region.