{"id":119661,"date":"2023-12-19T14:27:45","date_gmt":"2023-12-19T07:27:45","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=119661"},"modified":"2023-12-19T14:27:51","modified_gmt":"2023-12-19T07:27:51","slug":"kbank-provides-10-billion-baht-in-sll-to-gc-to-support-its-sustainability-goals","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/kbank-provides-10-billion-baht-in-sll-to-gc-to-support-its-sustainability-goals\/","title":{"rendered":"KBank provides 10 billion Baht in SLL to GC to support its sustainability goals"},"content":{"rendered":"\n<p>KASIKORNBANK (KBank) has offered a 10-billion Baht sustainability-linked loan (SLL) to PTT Global Chemical Public Company Limited (GC)\u00a0in support of the company\u2019s sustainability operations towards the goal of net zero greenhouse gas emissions by 2050.<\/p>\n\n\n\n<p><strong>Dr. Kongkrapan Intarajang, <\/strong>Chief Executive Officer and President, PTT Global Chemical Public Company Limited, said, \u201cGC has operated business with a balanced approach in ESG dimensions. Driven by our\u00a0\u20183 Steps Plus\u2019\u00a0strategy, we are focusing on sustainable growth for\u00a0\u2018high value and low carbon\u2019\u00a0business to achieve the net zero goal by 2050, as evidenced by our well-defined plan and concrete progress. This loan accommodation is not only instrumental in driving us closer to our ambitions but also demonstrates that GC and KBank are strategic partners with a shared vision for sustainable business practices.\u201d\u00a0<\/p>\n\n\n\n<p>Additionally, GC is the first and only company in the world that has been selected as a member of the Dow Jones Sustainability World Index\u00a0(DJSI World)\u00a0in the chemical business sector, with the highest score for five consecutive years, reaffirming its position as a global sustainability leader.<\/p>\n\n\n\n<p><strong>Kattiya Indaravijaya<\/strong>, KBank Chief Executive Officer, said,\u00a0\u201cKBank, as a financial institution, is committed to supporting and promoting sustainable financing and investment.\u00a0With this in mind, KBank aims to extend 100-200 billion Baht in sustainable financing and investment by 2030 in line with itsNet Zero Commitment.\u00a0This endeavor aims to help advance the business sector so that it can adjust and engage in more environmentally friendly business practices while also creating sustainability for society and collaborating in the transformation of Thailand towards a net zero economy, and building long-term sustainability for the country\u2019s economic and social systems.\u201d\u00a0\u00a0<\/p>\n\n\n\n<p>KBank is confident\u00a0that this collaborative effort will help drive PTT Global Chemical Public Company Limited\u00a0(GC), the Bank\u2019s long-standing business partner, to achieve the company\u2019s net zero goal by 2050. The sustainability-linked loan (SLL) that KBank has provided to GC is a long-term loan with sustainability performance indicators, namely reduction of greenhouse gas emissions and adherence to criteria of the Dow Jones Sustainability Indices\u00a0(DJSI).\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/12\/12\/2023\/118896\/\">True Corp named No.1 telecom company in the world for sustainability in DJSI 2023<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/13\/12\/2023\/119078\/\">Michelin has officially unveiled The MICHELIN Guide Thailand 2024 edition<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KASIKORNBANK (KBank) has offered a 10-billion Baht sustainability-linked loan (SLL) to PTT Global Chemical Public Company Limited (GC)<\/p>\n","protected":false},"author":8,"featured_media":119653,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13935],"tags":[15352,1858,13596],"class_list":["post-119661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-ptt-global-chemical","tag-kbank-2","tag-sustainability-linked-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KBank provides 10 billion Baht in SLL to GC to support its sustainability goals<\/title>\n<meta name=\"description\" content=\"KASIKORNBANK (KBank) has offered a 10-billion Baht sustainability-linked loan (SLL) to PTT Global Chemical Public Company Limited (GC)\u00a0in support of the company\u2019s sustainability operations towards the goal of net zero greenhouse gas emissions by 2050.\" \/>\n<meta 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