Kasikornbank organized the "EARTH JUMP 2024: The Edge of Action" event for the second consecutive year, marking a positive signal for Thai businesses that are becoming increasingly aware of the impacts of global warming on their survival. The event featured a special keynote address by Prime Minister Srettha Thavisin, who outlined the country's goals and direction regarding clean energy. Over 40 leaders from top global and Thai organizations shared their knowledge to elevate Thai businesses and society towards a low-carbon economy. More than 2,000 attendees gained insights into various aspects, including opportunities, regulations, measures, financial support from banks, and shared experiences from businesses that have already adapted to prepare for and transition to a low-carbon economy together.

The event was honored by Prime Minister Srettha Thavisin, who delivered a special speech highlighting the country's goals and direction in addressing global warming. During his meetings with investors, it was evident that those looking to invest abroad are interested in investment incentives, neutrality, and clean energy. Developed countries utilize clean energy more than developing nations, and Thailand also desires clean energy, necessitating proactive thinking and action. To reduce carbon emissions in Thailand, it is essential to educate both the public and the business sector, and the financial sector plays a crucial role in this transition, requiring support through loans and capital markets. Kasikornbank has been actively involved in this area, continuously providing loans to clients. The government will also issue Sustainability-Linked Bonds to encourage organizations and agencies to implement sustainable policies. Currently, large companies understand this well, but there are concerns about the Supply Chain; if they cannot align with the same philosophy, exports will be challenging, and products may be rejected in foreign markets. Therefore, green financing is crucial to provide businesses with the capital needed for transformation, as we cannot leave anyone behind.

Ms. Kattiya Indaravijaya, CEO of Kasikornbank, stated at the event that the GDP growth rates in many countries are inversely related to carbon emissions; as GDP increases, carbon emissions decrease. This is due to a growing awareness of environmental importance, leading to lifestyle changes and the potential for innovation and technology to lay the groundwork for diverse opportunities. Thailand is also showing positive signals, with a good start in the recovery of GDP while carbon emissions are decreasing. This is encouraging news indicating that all sectors are increasingly prioritizing environmental issues. Transitioning Thailand to a low-carbon economy is not the responsibility of any single individual; it requires collective effort, and collaboration must be guided by shared rules. This year, this vision is becoming clearer. The bank recognizes the importance of supporting businesses in understanding the impacts of global warming, which is why this event is held for the second year, allowing participants to learn about the country's goals, tax regulations both domestically and internationally, as well as financial and investment rules, and to share experiences from businesses that have taken action and seen tangible results.

Additionally, over 40 global and Thai experts participated to provide knowledge aimed at elevating Thai businesses and society towards a low-carbon economy. Attendees engaged in two parallel sessions covering the country's direction and goals, tax regulations, financial and investment rules, and shared experiences from businesses that have adapted to inspire action. There was also a Business Clinic activity where over 70 startups and SMEs registered for exclusive one-on-one business consultations with leading experts to help them transition to low-carbon businesses. Startups showed the most interest in legal consultations with McKinsey & Company, while SMEs were keen on topics such as Decarbonize Advisory by KBank, Solar Panel Installation by SCG, and Sustainable Packaging Solutions by SCGP. This reflects that some Thai businesses see opportunities and are ready to take action. The event attracted over 2,000 participants throughout the day, signaling a positive trend as Thai businesses increasingly adapt to a low-carbon economy. Kasikornbank hopes this event will serve as a starting point for Thai businesses to transition to a low-carbon economy and seize opportunities for sustainable growth.

The EARTH JUMP 2024: The Edge of Action event was organized as a Carbon Neutral Event, calculating the greenhouse gas emissions from all activities to offset the total emissions produced. The design, production of exhibition structures, and all event decorations were supported by SCG Packaging Public Company Limited (SCGP), which provided reusable materials to ensure the event was as environmentally friendly as possible.

Note: Kasikornbank supports sustainable financing and investment, with a cumulative total (2022-2023) of 73.397 billion baht by the end of 2023, and expects to reach a total of 100 billion baht by 2024.