SCB Surpasses $5 Billion Sustainable Finance Target, Accelerates Thailand’s Low-Carbon Transition

📍 Bangkok, July 2025 — Siam Commercial Bank (SCB) has exceeded its sustainable finance goal, disbursing over 180 billion baht (approximately $5.53 billion) in green loans and bonds by mid-2025—well ahead of its original 150 billion baht target set for 2023–2025. The achievement underscores SCB’s leadership in advancing Thailand’s environmental, social, and governance (ESG) agenda through its “Live Sustainably” strategy.

🌱 Strategic Climate Commitments SCB’s climate roadmap includes:

• Supporting clients’ sustainability transitions via a 150-billion-baht green finance framework
• Achieving Net Zero emissions from internal operations by 2030
• Reaching Net Zero across its entire loan and investment portfolio by 2050

These goals align with the broader strategy of SCBX Group, which is the first Thai financial institution certified by the Science-Based Targets initiative (SBTi)—a global benchmark for climate-aligned finance.

🏗️ Three Pillars of ESG Action SCB’s success is built on a comprehensive ESG-driven action plan:

1. Sectoral Decarbonization Strategies
   Tailored plans for high-impact sectors—commercial real estate, renewable energy, electric vehicles, and petrochemicals—have consistently led SCB’s sustainable credit portfolio over the past two years.
2. Sustainability-Aligned Financial Products
   SCB introduced Sustainability-Linked Loans and Bonds, which adjust interest rates based on ESG performance, incentivizing clients to meet climate targets.
3. Holistic Sustainability Partnerships
   Beyond financing, SCB collaborates with clients to offer consultation, technical guidance, and knowledge-sharing, helping businesses navigate their sustainability journeys.

🗣️ Leadership Perspective “Climate change presents both risks and opportunities for the Thai economy,” said Kris Chantanotoke, SCB’s Chief Executive Officer. “SCB is committed to leading the transformation of Thailand’s financial sector to help customers adapt, mitigate risks, and unlock growth in a low-carbon society”.

With its early success and science-based commitments, SCB is positioning itself as a catalyst for systemic ESG transformation—across corporations, customers, and Thai society.

You can read the full announcement on ESG News.