Led by the intent to mobilise capital towards the development of low-carbon infrastructure, BTS Group seeks to foster the growth of the increased access to impact investment opportunities within the Thai capital markets. With the goal to cultivate socio-economic expansion for the communities we serve, the mobilisation of capital raised through our sustainable finance initiatives has allowed the company to benefit from a diversified approach to funding, which supports the expansion of low-carbon infrastructures projects within Thailand.
For more details about Bonds please visit Debentures Information in the Investor Relations menu.
| Total Raised via Sustainable Finance | Amount (THB) |
|---|---|
| Green Bonds | 31.8bn |
| Sustainability-Linked Bonds | 31.0bn |
| 62.8bn |
Green Bond
BTS Group has the vision and commitment to operate businesses that embrace social and environmental sustainability. We have developed the BTSG Green Bond Framework under which the Company intends to issue Green Bonds to finance or refinance projects which provide clear environmental benefits, specifically related to clean transportation. When issued, these Bonds will be the first Thai Green Bond issued under the new Thai SEC’s Green Bond.
Green Bond Framework
The framework and the Bond issuance has been reviewed externally, including a Second Party Opinion and a Certification by Sustainalytics which concludes that “BTSG’s Green Bond Framework is credible and impactful and aligns with The International Capital Market Association (ICMA)’s Green Bond Principles and ASEAN Green Bond Standards”. Further the Bond has been certified that it complies with the Climate Bonds Standard by Climate Bonds Initiative.
Relevant Documents on Green Bond
Sustainability-linked Bond
To follow the Company’s vision – ‘to serve our community with unique and sustainable solutions that greatly contributes to an improved life’, BTS Group continues to enhance the environment through operation and growth of its low carbon transportation business. In line with our long-standing contribution to Thailand's reduction of GHG emissions in accordance with the Paris Agreement, we continuously monitor our environmental impact to ensure a low-carbon operation.
BTS Group has issued its first “Sustainability-linked Bond” which allows investors the opportunity to finance Companies which prioritises ESG issues and has set credible and meaningful related ESG targets. The issuance of BTSG’s Sustainability-linked Bonds is in line with the Company’s long-term climate strategy to increase the share of energy consumption from renewable energy sources to at least 10% of total electricity consumption.
Sustainability-Linked Finance Framework
DNV Business Assurance Australia Pty Ltd. (“DNV”) has reviewed BTSG’s Sustainability-linked Financing Framework (“SLFF”) and provided a Second Party Opinion (“SPO”) report which concludes that BTSG’s Sustainability-Linked Finance Framework is credible and impactful and aligns with the Sustainability-linked Bond Principles of June 2020, established by the International Capital Market Association (ICMA) and the Sustainability-Linked Loan Principles of May 2021, established by the Loan Market Association (LMA)
Relevant Documents on Sustainability-linked Bond
Sustainability Report 2023/24
Sustainability Presentation FY 2023/24
ESG Resource Center
Sustainability Contact
| Telephone: | +66(0)2 273 8611 ext. 1515 |
| Fax: | +66(0)2 273 8610 |
| Email: | sustainability@btsgroup.co.th |