A5 is ready to transform its business according to ESG principles, having received support in the form of a Transition Loan from Krung Thai Bank to transition its business towards sustainability, moving forward with the development of quality housing projects that are environmentally friendly and contribute to society, aiming to become a leader in sustainable real estate in Thailand.

Mr. Supachok Panjathat, CEO of Asset Five Group Public Company Limited (A5), revealed that the company has received a Transition Loan from Krung Thai Bank Public Company Limited to develop real estate projects based on sustainable business practices. This reflects the confidence in A5's potential and readiness to drive the organization towards sustainable development, supported by a leading financial institution with policies that promote business transition.

Currently, businesses worldwide are increasingly focusing on the ESG (Environmental, Social, and Governance) concept, which emphasizes sustainable business operations. A5 recognizes the importance of ESG and has seriously applied this concept in its business operations, resulting in positive impacts on both the company and society.

The application of ESG principles in A5's business is not merely a trend but a transformation of business operations to align with the demands of modern consumers who are increasingly concerned about environmental and social issues. A5 focuses on three main areas:

Environmental: Committed to reducing environmental impacts from business operations, such as using renewable energy, reducing greenhouse gas emissions, and effectively managing pollution, waste, and garbage. This includes designing environmentally friendly projects by utilizing solar energy to reduce dependence on electricity and lower greenhouse gas emissions, as well as selecting construction materials that meet energy-saving standards to reduce costs and long-term environmental impacts.

Social: Emphasizing the creation of value for society, such as supporting communities for better living conditions, job creation, improving the quality of life for residents, promoting cultural diversity, supporting educational media, and repairing educational institutions. A5 also prioritizes the safety of community members and all employees, implementing accident prevention measures and comprehensive welfare.

Governance: Adhering to good management principles, ensuring transparency, and having a careful strategic business plan alongside effective risk management to lead the business towards long-term sustainability.

“Receiving this Transition Loan will help A5 accelerate its transition to a green business effectively and create added value for the business in the long term. The collaboration with Krung Thai Bank reflects the good partnership between the private sector and the financial sector in driving sustainable development in Thailand. The company is committed to creating quality housing that meets customer needs and contributes to a better society,” said Mr. Supachok.

Mr. Surathun Kongthan, Head of Wholesale Banking at Krung Thai Bank stated that Krung Thai Bank, as a leading commercial bank in the country, is committed to bringing innovation and technology to develop financial products and services to meet the needs of all customer groups and support environmentally friendly business practices, driving the business and the country towards the Net Zero emission goal by emphasizing ESG principles that align with the United Nations Sustainable Development Goals (SDGs). Recently, the bank has collaborated with A5 to drive the real estate business towards environmental sustainability by supporting a Transition Loan designed to assist businesses in transitioning from traditional (Brown) to environmentally friendly (Less Brown) and green (Green) businesses effectively, enabling the business sector to invest in technology and infrastructure, enhancing business capabilities, and creating positive impacts on society and the environment in the long term.

This collaboration will support a tangible transition towards environmental sustainability, allowing A5 to develop various real estate projects efficiently and meet the demand for environmentally friendly housing while creating a better society for consumers, alongside sustainably growing the business. The bank recognizes A5's potential and readiness to reduce environmental impacts from business operations comprehensively, applying ESG concepts in its operations, which aligns with the bank's approach to balancing the environment, society, and community, enhancing the quality of life for Thai people, reflecting the commitment to becoming a sustainable bank under the concept of “Innovation creates value, meets customer needs, towards sustainability.”