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GC Secures Loan from Kasikornbank To Support Its Sustainability Goals
Kasikornbank (KBank) has offered a 10-billion Baht sustainability-linked loan (SLL) to PTT Global Chemical (GC) to support GC’s sustainability operations towards the goal of net zero greenhouse gas emissions by 2050. Driven by our 3 Steps Plus strategy, we are focusing on sustainable growth for high value and low car-bon business to achieve the net zero goal by 2050, as evidenced by our well-defined plan and concrete progress, said GC President. This loan accommodation is not only instrumental in driving us closer to our ambitions, but also demonstrates that GC and KBank are strategic partners with a shared vision for sustainable business practices. Additionally, GC noted it is the first and only company in the world that has been selected as a member of the Dow Jones Sustainability World Index in the chemical business sector, with the highest score for five consecutive years. KBank, as a financial institution, is committed to supporting and promoting sustainable financing and investment. With this in mind, K Bank aims to extend 100- to 200-billion baht in sustainable financing and investments by 2030 in line with its net zero commitment.