KBank's Strategic Acquisition in Muang Thai Group Holding slide image

KBank's Strategic Acquisition in Muang Thai Group Holding

K KASIKORNTHAI KBank Net Zero Commitment Net Zero in OUR OWN OPERATIONS (Scope 1 & 2) by 2030 Net Zero in OUR FINANCED PORTFOLIO (Scope 3) In Line With Thailand's Aspirations*, Accelerating This Journey Where Possible NET Q ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Allocation at least 100-200 Billion Baht In Sustainable Financing and Investment By 2030 Commitment Supporting Customers In the Transition to A Net Zero Economy Thailand's ambition at COP26: 2050 carbon neutrality and 2065 Net Zero GHG Emission KBank's Board of Directors has resolved to announced the Bank's Net Zero Commitment on 29 October 2021, as follows: > KBank aims to empower every customer's life and business. We support our customers in the transition to a net zero economy. Sustainability is deeply ingrained in how we serve our customers and manage our operations. A We are committed to supporting Thailand and our clients in regional economies on their decarbonization journeys. We will contribute to the global effort to transition to net zero emission by 2050* and will align with the Paris Agreement goals. We are committed to be the leading sustainable bank in Thailand, allocating at least Baht 100-200 billion in sustainable financing and investment by 2030 and pioneering green banking products. We commit to becoming net zero in our own operations (Scope 1, 2) by 2030. We commit to achieving net zero in our financed portfolio in line with Thailand's aspirations, accelerating this journey where possible. We will continually assess opportunities to take earlier actions as the technology, regulatory environment and external context evolves. * Net zero emission by 2050 is the global effort to transition to net zero emission, aligning with the Paris Agreement goals. However, KBank commit to achieving net zero in our financed portfolio in line with Thailand's aspirations, accelerating this journey where possible. บริการทุกระดับประทับใจ 113 K KASIKORNTHAI Environmental Aspect (1/2) GOAL Commitment Green operations Ensuring environmental stewardship towards a net zero society ธนาคารกสิกรไทย 开泰银行 KASIKORN BANK We are committed to preserving the environment and reducing the impact of climate change Material Areas and Targets Target: Transition to Net Zero in Our Own Operations (Scope 1&2) by 2030 Target -4.2% -8.4% -12.6% -16.8% -21% Net Zero (Ton CO2e) 2020 2021 2022 2023 Note: Baseline year 2020; Align with 1.5 degrees scenario. 2024 2025 2030 KBank Decarbonization Pathway in Our Own Operations (Scope 1&2) 97,785 90,172.91 (-7.79%) 77,251 (-21.00%) 81,402.17 (-16.75%) This target is considered to align with SBTi. 2030 2025 Net Zero in our own operations (Scope 1&2) 21% reduction of GHG Emissions (Cumulative from base year 2020) *4.2% emission reduction per year *Baseline year 2020 Scope 1 Net Zero (Scope 1 and 2) 2020 2021 2022 2025 2030 Scope 2 (Base year) • Actual Target *2020-2022: KBank Actual Emission Note: 2023 onwards is forecasted based on minimum guideline align with 1.5 degrees scenario Emission from fossil fuel burned from KBank own car fleet EV Fleet Conversion Adopt lower emission factor fuel (E85, B20) Emission incurred from electricity consumption Consumed more renewable energy (Solar rooftop installation) Energy Conservation Measures (Building Retrofit, BMIS, A/C) Space Optimization Renewable Energy Certificates (REC) Residual emission Carbon Removal Reforestation Carbon Capture Utilization Storage (CCUS) Sample of Performance Own operations (Scope 1& 2): GHG Emission Reduction (Baseline year 2020) > 2021 Target: -4.2% > 2021 Performance: -7.79% > 2022 Target: -8.4% > 2022 Performance: -16.75% Enhance Environmental Management: - Environment and energy conservation policy - Environmental management system development Green building designing Green process designing Green mobility Green facility management: > Lighting system management > Clean energy management > Water use management > Green waste management Raise employees' awareness on energy and environmental conservation and adopt green behavior บริการทุกระดับประทับใจ 114
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