Kasikornbank has joined forces with ONNEX by SCG Smart Living, part of SCG, to advance carbon reduction in the supply chain through special loan support for clean energy via solar rooftop installations. This initiative aims to facilitate a tangible transition to low-carbon businesses and accelerate the management of greenhouse gas emissions in Scope 3, propelling Thailand towards a low-carbon economy.

Dr. Krin Bunleawich, Deputy Managing Director of Kasikornbank, revealed that the trend towards ESG and carbon reduction is no longer limited to large companies but is expanding to partners, manufacturers, and all businesses within the supply chain. Reducing the overall carbon footprint of organizations is a key mechanism to support Thailand's Net Zero target by 2065. Consequently, large companies are beginning to push and support their supply chain partners to assist many small and medium-sized enterprises that may face funding and knowledge constraints in transitioning to a low-carbon economy. The role of banks today is not just limited to lending but must also act as a System Enabler that comprehensively drives the transition of the entire supply chain for customers. When customers seek assistance in reducing carbon in Scope 3, which is a significant hidden cost for businesses, Kasikornbank is ready to provide the necessary consulting and knowledge to help clients transition to low-carbon businesses, reduce costs, and sustainably enhance their competitive potential.

Mr. Natthapol Leupramchai, Deputy Managing Director of Kasikornbank, stated that one of the keys to transitioning to a low-carbon business is accessibility and practicality. Kasikornbank is prepared to support appropriate funding sources and collaborate with partners like ONNEX by SCG Smart Living, which has expertise and credibility in clean energy, to create a One Stop Services model. This allows customers to access both technical solutions and financial solutions suitable for the transition, including loans for solar rooftop installations for business use, with special interest rates and flexible repayment terms, along with exclusive agreements for ONNEX partners under this collaboration.

Mr. Kerek Yimphornpipatphol, Smart Residential Director of SCG Living and Housing Solutions Co., Ltd., an executive from the ONNEX by SCG Smart Living brand, disclosed that the organization is committed to reducing social and environmental impacts and creating a sustainable living environment for this generation and the next. ONNEX is a comprehensive Energy Solution provider with expertise in installing solar rooftop systems for buildings, factories, and residences, along with efficient energy management systems and indoor air quality management solutions. Therefore, they collaborate with Kasikornbank to reduce carbon in the supply chain, enabling partners to effectively transition by supporting solar rooftop installations, which are a clean energy source that also helps reduce production costs and significantly increases business opportunities, aligning with the global market's shift towards a Low Carbon Society.

This collaboration marks an important step in jointly developing solutions and loans that meet the needs of businesses transitioning to a sustainable low-carbon economy. Interested ONNEX partners can contact ONNEX by SCG Smart Living at 063-2724451.