Climate Change Data

Finansia X Public Company Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:975,509.7 kilowatt-hours/year
Water Consumption:Not disclosed
Waste Generated:106,379.06 kilograms/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Received ISO 14064-1:2018 Greenhouse Gas Emissions certification from Bureau Veritas Thailand Ltd.
  • Received Carbon Footprint of Organization: CFO and Carbon Offset Certificate from Thailand Greenhouse Gas Management Organization (Public Organization)
  • Reduced energy and water consumption by implementing ECO-efficiency programs (specific figures not provided)

Social Achievements

  • Organized online training collaboration with trading Facebook page owners
  • Presided over awards ceremony for winners of the stock trading simulation competition “HERO Stock Learning” program
  • Organized the “Finansia HERO Exclusive Talk” seminar
  • Hosted the “Next Step Tightening to Recession” seminar
  • Participated as exhibitors in the expo “SET in the city 2023”

Governance Achievements

  • Received "5 Star (Excellent) CG Scoring" of The Corporate Governance Report of Thai Listed Companies 2023 (CGR)
  • Completed the acquisition of common shares in three subsidiaries

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce greenhouse gas production by at least 40% by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Declining prices and much reduced liquidity in the Thai capital market due to rising interest rates and weakened company earnings
  • Decrease in retail investor trading activities
  • Bond defaults and stocks suspensions
  • Intense competition in the securities brokerage services, investment banking services, and digital asset brokerage business
Mitigation Strategies
  • Continued with digital transformation programs and development plans for its main online trading platform “HERO”
  • Expanded its Wealth Management businesses
  • Created the Chief Product Office to add new products for distribution
  • Recruited more Investment Consultant’s and Relationship Managers as well as IT staff
  • Carefully managed operating costs and business units at risk
  • Actively explored opportunities for inorganic growth, including acquisitions and partnerships

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14064-1:2018

Third-party Assurance: Bureau Veritas Certification (Thailand)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best Equity House in Thailand