Responsible Lending

In 2020, the Bank has revised the Environmental and Social Responsibility (ESR) Policy to strengthen our role to facilitate and finance responsibly for the better of society and environment by establishing a clear objectives and guideline for assessing the indirect environmental and social (E&S) risks and impacts from our banking activities. Incidents of negative socio-environmental impact can be a significant source of reputational risk, which can lead to decrease in asset value or even losses to the Bank.

The ESR Policy provides guidelines for assessing the E&S risks of the clients prior to carrying out financial activities with them for new /increase credit limit and annual credit review. It is applicable to 1) corporate clients (including project finance) having credit facilities, deposits or fee businesses with the Bank and 2) Small-Medium Enterprise (SME) clients having credit facilities with the Bank and 3) The Bank’s investment portfolios. Retail clients are excluded from this Policy.

The ESR Policy is founded on the Bank’s concern on environmental and social issues, particularly our respect for human rights, and the need to address the challenges of climate change. The ESR Policy is in line with the national guideline i.e., Thai Bankers’ Association (TBA)’s Sustainable Lending Guideline, and adopts related internationally accepted guidelines, framework, and standards to enhance our lending criteria and promoting sustainable businesses e.g., Equator Principles, the United Nations Environment Programme Finance Initiative (UNEP FI)’s Principles for Responsible Banking, IFC Performance Standards on Environmental and Social Sustainability, International Capital Market Association (ICMA)’s sustainable finance initiatives, the UN Global Compact, the UN Guiding Principles for Business and Human Rights, International Labor Organization, etc. These inputs are necessary for the Bank in shaping and financing a sustainable future, whereby meeting society’s changing needs and demands and other global commitment such as Sustainable Development Goals and the Paris Agreement.

 

Environmental and Social Responsibility Policy

 

 

Responsible Lending

In 2020, the Bank has revised the Environmental and Social Responsibility (ESR) Policy to strengthen our role to facilitate and finance responsibly for the better of society and environment by establishing a clear objectives and guideline for assessing the indirect environmental and social (E&S) risks and impacts from our banking activities. Incidents of negative socio-environmental impact can be a significant source of reputational risk, which can lead to decrease in asset value or even losses to the Bank.

The ESR Policy provides guidelines for assessing the E&S risks of the clients prior to carrying out financial activities with them for new /increase credit limit and annual credit review. It is applicable to 1) corporate clients (including project finance) having credit facilities, deposits or fee businesses with the Bank and 2) Small-Medium Enterprise (SME) clients having credit facilities with the Bank and 3) The Bank’s investment portfolios. Retail clients are excluded from this Policy.

The ESR Policy is founded on the Bank’s concern on environmental and social issues, particularly our respect for human rights, and the need to address the challenges of climate change. The ESR Policy is in line with the national guideline i.e., Thai Bankers’ Association (TBA)’s Sustainable Lending Guideline, and adopts related internationally accepted guidelines, framework, and standards to enhance our lending criteria and promoting sustainable businesses e.g., Equator Principles, the United Nations Environment Programme Finance Initiative (UNEP FI)’s Principles for Responsible Banking, IFC Performance Standards on Environmental and Social Sustainability, International Capital Market Association (ICMA)’s sustainable finance initiatives, the UN Global Compact, the UN Guiding Principles for Business and Human Rights, International Labor Organization, etc. These inputs are necessary for the Bank in shaping and financing a sustainable future, whereby meeting society’s changing needs and demands and other global commitment such as Sustainable Development Goals and the Paris Agreement.

 

Environmental and Social Responsibility Policy

 

 

Responsible Lending

In 2020, the Bank has revised the Environmental and Social Responsibility (ESR) Policy to strengthen our role to facilitate and finance responsibly for the better of society and environment by establishing a clear objectives and guideline for assessing the indirect environmental and social (E&S) risks and impacts from our banking activities. Incidents of negative socio-environmental impact can be a significant source of reputational risk, which can lead to decrease in asset value or even losses to the Bank.

The ESR Policy provides guidelines for assessing the E&S risks of the clients prior to carrying out financial activities with them for new /increase credit limit and annual credit review. It is applicable to 1) corporate clients (including project finance) having credit facilities, deposits or fee businesses with the Bank and 2) Small-Medium Enterprise (SME) clients having credit facilities with the Bank and 3) The Bank’s investment portfolios. Retail clients are excluded from this Policy.

The ESR Policy is founded on the Bank’s concern on environmental and social issues, particularly our respect for human rights, and the need to address the challenges of climate change. The ESR Policy is in line with the national guideline i.e., Thai Bankers’ Association (TBA)’s Sustainable Lending Guideline, and adopts related internationally accepted guidelines, framework, and standards to enhance our lending criteria and promoting sustainable businesses e.g., Equator Principles, the United Nations Environment Programme Finance Initiative (UNEP FI)’s Principles for Responsible Banking, IFC Performance Standards on Environmental and Social Sustainability, International Capital Market Association (ICMA)’s sustainable finance initiatives, the UN Global Compact, the UN Guiding Principles for Business and Human Rights, International Labor Organization, etc. These inputs are necessary for the Bank in shaping and financing a sustainable future, whereby meeting society’s changing needs and demands and other global commitment such as Sustainable Development Goals and the Paris Agreement.

 

Environmental and Social Responsibility Policy