Asset World Corp Public Company Limited (AWC), a Thai property developer focused on comprehensive lifestyle solutions, has joined forces with Kasikornbank Public Company Limited (KBank) to elevate the Thai real estate industry through Green Loans aimed at developing and supporting environmental projects within AWC's real estate portfolio. The focus is on projects that promote efficient energy use, optimal resource management, and reduction of greenhouse gas emissions, underscoring the company's commitment to sustainable business practices.

Ms. Kattiya Indaravijaya, CEO of Kasikornbank, stated, "Kasikornbank believes in the business potential of Asset World Corp Public Company Limited (AWC), a leading real estate company in Thailand, which is well-prepared to develop projects and foster sustainable growth. The bank is pleased to provide financial support to AWC as a business partner sharing the same vision of conducting business under the principles of sustainability, encompassing environmental, social, and governance aspects, particularly in terms of environmental preservation and reducing greenhouse gas emissions to create a green society. This is an ongoing effort by the bank, both in its operations and in supporting clients to transition towards the country's Net Zero goals."

Mr. Wallapa Traisorat, CEO and Managing Director of Asset World Corp Public Company Limited (AWC), expressed, "AWC is delighted that Kasikornbank (KBank) has supported a Green Loan for AWC to be used for environmental projects in AWC's real estate, which enhances effective environmental management sustainably. This demonstrates the shared vision of both organizations to foster business growth while caring for the environment, including the development of a bio-economy, circular economy, and green economy (BCG Economy Model), aligning with AWC's environmental goals towards carbon neutrality and maximizing circular economy practices in operations, in line with the sustainable economic development direction of Thailand and many countries worldwide."

AWC plans to utilize the funds from this loan for various real estate and hotel projects under AWC across the country, serving as a foundation for developing and enhancing energy management technologies in buildings for maximum efficiency through the BETTER PLANET operational framework, which aims to improve the environment. This includes two key dimensions that AWC prioritizes: promoting the transition to carbon neutrality and creating a circular economy, with operational plans such as initiating projects to enhance air conditioning system efficiency and implementing high-efficiency chillers and energy-saving heat pumps in buildings.

Additionally, AWC is committed to adhering to LEED (Leadership in Energy and Environmental Design) standards, which assess green buildings to enhance resource efficiency and reduce negative environmental impacts and health risks for occupants and users. AWC also follows EDGE (Excellence in Design for Greater Efficiencies) standards, an international Green Building Model standard that certifies excellence in green building design, laying the groundwork for construction or project development that considers energy and environmental conservation, further advancing the Thai real estate sector towards a better and more sustainable future.

"This collaboration reinforces the commitment of AWC and KBank as leading organizations dedicated to conducting business sustainably and responsibly towards all stakeholders. AWC has established a sustainable business development strategy to serve as a holistic mechanism for driving business in all processes, aligning with government policies and the United Nations' promotion of business operations considering ESG principles to create long-term sustainable value for all sectors," Wallapa added.

AWC remains committed to fostering business growth under the principles of ESG (Environmental, Social, and Governance) while continuously creating value and trust for stakeholders, society, and communities under the mission of "Creating a Better Future" to help drive Thailand's economy towards stable growth and enhance the competitiveness of the real estate and tourism industries to meet international standards.

Recently, AWC has received recognition from leading global organizations, including an "AA" rating from MSCI ESG Research, selection for the Thailand Sustainability Investment (THSI) list by the Stock Exchange of Thailand, and ranking among sustainable companies by S&P Global for 2021 in the hotel, resort, and cruise industry. AWC has also achieved an "Excellence CG Scoring" in corporate governance reporting and has been certified as a private sector partner in the fight against corruption (CAC). Furthermore, AWC's hotel business group has initiated energy efficiency projects, resulting in Banyan Tree Krabi receiving a gold-level green hotel award in its first year of operation, and Banyan Tree Samui achieving the same green hotel certification, demonstrating a commitment to efficient electricity use and addressing climate change issues.