SC Asset Partners with LH Bank to Sign First Sustainability-Linked Loan Aiming to Reduce GHG by Over 35,000 Tons of Carbon Through Increased Eco-Friendly Material Procurement by 5% Annually
SC Asset has partnered with Land and Houses Bank Public Company Limited to sign a 600 million baht Sustainability-Linked Loan (SLL) that supports corporate sustainability performance. SC aims to reduce greenhouse gas emissions by over 35,000 tons of carbon over the loan period by increasing the procurement of eco-friendly materials by 5% each year, reinforcing the commitment to sustainability from both SC Asset and Land and Houses Bank.

Mr. Natthapong Kunakornwong, CEO of SC Asset Corporation Public Company Limited, stated, "In the third decade of SC, we aim to create value and grow alongside sustainability, enhancing the quality of life for customers, partners, the environment, communities, society, and the world. This signing of the loan agreement marks a significant collaboration that demonstrates SC's credibility in sustainable business practices, as recognized by Land and Houses Bank. Both companies share a common vision for sustainability. We thank Land and Houses Bank for being a supportive business partner in driving our company's business forward."
SC Asset aims to reduce greenhouse gas emissions across its business processes by 25% by 2030 through the #SCeroMission initiative, focusing on designing and selecting eco-friendly materials. This initiative not only occurs within the business process but also considers the long-term impact on customers' living conditions. The collaboration will be assessed based on the ESG Ratings from the Stock Exchange of Thailand, maintaining an "AA" rating, and the procurement of eco-friendly materials must increasingly reduce greenhouse gas emissions by choosing low carbon products each year.

Mr. Chi Ching-Fu, Director, CEO, and Managing Director of Land and Houses Bank, stated that the bank is committed to delivering exceptional experiences to customers through innovative products, services, and quality consulting to meet customer needs in all dimensions. The bank also adheres to the principles of building a sustainable business with a focus on Environment, Social, and Governance (ESG) to align with the United Nations Sustainable Development Goals (UN SDGs). The support of the Sustainability-Linked Loan for SC ASSET demonstrates the commitment and collaboration of both organizations towards responsible business practices for sustainable growth together.
Land and Houses Bank aims to provide financial support to business customers to help reduce operational costs, enabling businesses to grow and adapt sustainably alongside all sectors of society, enhancing competitiveness in the global market. Currently, Land and Houses Bank offers a variety of loans, products, and financial services related to sustainability, such as Green Loans, Sustainability-Linked Loans, and Green Transition Advisory Programs, reinforcing its business operations under the concept of green transition, "LHB Green Finance: Grown Up Together."

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