KASIKORNBANK PUBLIC COMPANY LIMITED, or KBank, stands as one of Thailand’s largest and most influential financial institutions. With over 70 years of experience, the bank provides commercial banking, securities, and related services, facilitating cross-border trade, investment, and settlements through its branches, representative offices, digital platforms, and partnerships with 73 financial institutions across 11 countries.
Environmental Leadership and Green Initiatives
Demonstrating a strong commitment to sustainability, KBank has implemented an energy conservation policy aimed at reducing greenhouse gas emissions from its operations by 25 percent by 2020, using 2012 levels as a baseline. This initiative aligns with Thailand’s pledge at the 21st Session of the Conference of the Parties to the United Nations’ Framework Convention on Climate Change. The bank envisions itself as a bank of sustainability, integrating sustainable development into its economic, social, and environmental operations.
Green DNA Strategy and Key Focus Areas
At the core of KBank’s sustainability efforts is its Green DNA strategy, a corporate philosophy that fosters a culture of environmental responsibility. This strategy focuses on supporting customers by providing renewable energy financing and facilitating energy conservation projects under environmental, social, and governance criteria in its credit and investment policies. Employees play a crucial role in this strategy, as KBank engages them in environmental management projects and promotes awareness of sustainable practices within the organization.
Beyond internal operations, the bank emphasizes its responsibility towards suppliers by encouraging environmentally friendly practices throughout the supply chain. KBank also extends its sustainability initiatives to communities through volunteer programs such as the Rak Pa Nan Project and the KBank Caring for the Urban Oasis of Bangkok Project. These efforts are designed to ensure long-term environmental conservation while strengthening community engagement.
The bank’s executives and the Energy Management Working Group conduct annual reviews and adjustments to energy policies to ensure that sustainability goals remain relevant and impactful. By maintaining high corporate governance standards and aligning its policies with long-term sustainability objectives, KBank continues to lead in environmental and financial responsibility.
Recognition and Industry Impact
KBank’s dedication to sustainability has earned international recognition. In 2016, it became the first commercial bank in Thailand and ASEAN to be selected as an index component of the Dow Jones Sustainability Indices, including both the DJSI World Index and the DJSI Emerging Markets Index. Domestically, the bank was listed in the Thailand Sustainability Investment 2016 list on the Stock Exchange of Thailand as a sustainable stock.
By embedding sustainability into its corporate DNA, KBank continues to set a benchmark for responsible banking, demonstrating how financial institutions can lead in environmental conservation while maintaining strong business performance.
