- Climate change risks (physical and transition risks)
- Cyberattacks and data breaches
- Inflation and increased living costs affecting customer income
Bangkok Insurance Public Company Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Bangkok Insurance Public Company Limited disclosed greenhouse gas emissions of 3.3K tCO2e/year (Scope 1 and 2). By scope: Scope 1: 806 tCO2e/year; Scope 2: 2.7K tCO2e/year; Scope 3: 2.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.3K tCO2e/year (Scope 1 and 2)
2023
Water Usage
58.6K m3/year
2023
Energy Use
30.3M MJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 806 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.7K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.3K tCO2e/year (Scope 1 and 2) |
| 2022 | 3.2K tCO2e (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Electricity consumption decreased by 4.27% compared to the base year of 2019 (set a target to reduce electricity use by at least 5% by 2023 compared to the base year 2019)
- Reduced greenhouse gas emissions through initiatives like the SCGP Recycle Project and Waste Separation Project
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce electrical energy consumption by at least 5% by 2028 compared to 2023 data
📅 Medium-term
- Increase the proportion of clean energy usage to at least 20% of all the Company’s office buildings by 2030
- The proportion of personal accident and health insurance premiums to be equal to 20% of the Company’s direct insurance premiums by 2030.
- The proportion of insurance policies that provide coverage for one natural disaster (windstorm, earthquake, flood) to be equal to 100% of all property and fire insurance policies by 2030.
- The number of insurance policies for SMEs protection products to grow 100% from the number of insurance policies in 2022 by 2030.
- Number of product packages designed for people who have difficulty accessing insurance to be at least 5 packages by 2030.
🔭 Long-term
- Become a carbon-neutral organization by 2050
- Achieve net-zero emissions by 2065
🌱 ESG Focus Areas
EnvironmentalSocialGovernance