Bangkok Bank is on the ESG 100 list for 2024, emphasizing its role as a ‘trusted partner and reliable close friend’ committed to conducting business and supporting customers, communities, and society to grow together sustainably.
November 19, 2024
Bangkok Bank was chosen to be one of the companies on the ESG 100 list for outstanding performances on Environmental, Social and Governance: ESG from the assessment of listed stock in 2024 by Thaipat Institute. This emphasizes the Bank’s role as a ‘trusted partner and reliable close friend’ committed to conducting business and supporting customers, communities, and society to grow together sustainably.
Bangkok Bank Director and Senior Executive Vice President and Corporate Secretary Kobsak Pootrakool said Thaipat Institute has announced that Bangkok Bank was listed in the ESG 100 companies in 2024 from the selection of 920 listed stocks for outstanding performances on Environmental, Social and Governance (ESG). The stringent selection process considered ESG performance criteria as well as the Bank’s financial results.
“Having been selected as one of ESG 100 stocks 2024 marks a proud milestone for the Bank who’s committed to be part of sustainable development in environmental, social and governance values . We continuously deliver our commitment from the policy level to business operation and this year the Bank has launched the Bualuang Green Financing for Transition to Environmental Sustainability loan. The loan aligns with the Bank of Thailand’s aim to encourage businesses to be green businesses. The Bank is confident it can be a ‘trusted partner and reliable close friend’ supporting customers to transition to green businesses which can adapt and are ready to compete amid the future challenges,” said Mr. Kobsak.
As a leading regional bank, Bangkok Bank operates its business by focusing on sustainability under the concept of ‘Creating Value for a Sustainable Future’ which aims to create sustainability within business operations with five principles follows:
- Be Responsible – Doing business in a responsible way by supporting investment in projects focused on environmental and social sustainability while promoting financial literacy and financial inclusion to strengthen communities and society.
- Be Resilient – Managing potential crises by managing risks to ensure that we can be resilient amid crises and challenges. As well as supporting customers, communities and society to recover to a normal level in a sustainable manner.
- Be Caring – Caring for employees by creating a good work environment, treating employees in a fair and just manner while promoting and supporting our people to continuously develop their skills. So they can fulfill their personal and professional aspirations.
- Be Customer Centric – Placing customers at the center of our operations, providing them with innovative products and services and building and maintaining strong customer relationships.
- Be Ethical – Cultivating good governance and encouraging our suppliers to adhere to good business conduct, while respecting human rights and opposing any form of corruption.
Commitment to achieve such sustainable development has directed Bangkok Bank to continually create financial products. This led by supporting fundraising for activities that promote sustainability in Thailand's leading public and private sectors through being a distributor of ESG (Environmental, Social and Governance) debt instruments. In 2023, the Thai capital market had a total value of ESG debt issuance of 37,366 million baht, of which the value of transactions under Bangkok Bank’s underwrite was 28,366 million baht, or 76 percent of the total value of ESG debt instruments in the Thai capital market. In addition, the Bank’s affiliated asset management companies have also selected and offered a total of nine sustainable funds valued at 14,732.15 million baht.
In addition, the Bank has developed a special loan program to encourage SME to develop investment projects that will lead to sustainable growth through the Bualuang Green Loan with a total credit line of more than 720 million baht. The loan is offered to entrepreneurs who want to invest in renewable energy projects such as solar, wind and water power. In 2023, the Bank has provided Bualuang Green Solar Energy, with a total credit line of over 2 billion baht for businesses that want to install solar rooftop, and Transformation Loans under the Bank of Thailand's Credit Recovery Decree that supports green initiatives, or technical and innovative business operations to enhance their potential and competitiveness. Recently Bangkok Bank has initiated “Bualuang Green Financing for Transition to Environmental Sustainability” to support funding for businesses transitions to environmental sustainability in 3 areas: 1) Reduce greenhouse gas emissions 2) Adapt to climate change and 3) Reduce pollution. The Bank has prepared a credit limit of up to 10 billion baht with a special interest rate and installment payments for up to 8 years.
Thaipat Institute has pioneered in developing information on business sustainability. It revealed the list of 100 listed companies with outstanding ESG performance, known as the ESG100 securities group, for the first time in 2015 and has been collecting sustainability data of listed companies for ten consecutive years. The ranking in terms of sustainable development is considered a source of information on sustainability of listed companies, which supports the needs of investors who weigh their investment in companies that place importance on being socially and environmentally responsible and that it increases opportunities to create good long-term returns for investors.
This Website uses cookies to provide you with the best experience and to improve the Bank’s website services in order to better serve your requirements. You can find the details about cookies use on
Cookies Policy
