What To Know
- Over 1,000 clients in industries such as chemicals, food and beverage, transportation, and hospitality have been selected to take part in this initiative, reflecting TTB’s ambition to set a new standard in ESG-driven lending.
- The partnership aims to position Thailand as a regional leader in sustainable business practices and as a nation that embraces the transition to a low-carbon economy.
Bangkok Business PR News: Partnership to Expand Sustainable Financing
The Stock Exchange of Thailand (SET) has entered a strategic partnership with TMB Thanachart Bank (TTB) to expand the country’s sustainable finance ecosystem. This move is designed to help Thai entrepreneurs, especially small and medium-sized enterprises (SMEs), gain easier access to green financing through the SETCarbon platform. By integrating environmental, social, and governance (ESG) data into lending considerations, the collaboration supports companies in reducing greenhouse gas emissions while opening pathways to sustainable growth. This Bangkok Business PR News report indicates that it is clear that the partnership aligns with global trends driving businesses toward a low-carbon future.
SET and TTB partners to educate Thai businesses about green finance
Credit: TTB
SETCarbon as a Gateway to Funding
SET has developed the SETCarbon system to allow companies to calculate, manage, and report greenhouse gas emissions accurately. Currently, more than 300 listed companies use the platform, representing around one-third of all firms on the exchange. With this new partnership, the system will now be extended to non-listed businesses and SMEs, which play a vital role in Thailand’s economy. The platform acts like a “passport” that helps firms prove their readiness to adapt to climate change regulations, thereby qualifying for favorable loan conditions.
TTB’s Commitment to Sustainable Banking
TTB is positioning itself as a leader in sustainable banking under its B+ESG framework. According to Chief Executive Officer Piti Tantakasem, accurate carbon emissions data will serve as a starting point for businesses planning long-term carbon reduction. The bank believes this approach not only gives entrepreneurs a competitive edge but also enhances access to international markets. By integrating transparent ESG data, companies can build stronger relationships with partners and consumers, resulting in increased sales and long-term stability.
Billions in Green Loans Already Issued
Between 2019 and mid-2025, TTB has already issued over 78 billion baht in sustainable loans. For 2025 alone, it aims to provide an additional 35 billion baht in green financing. Beyond capital, the bank also supports businesses through training and seminars, helping more than 500 firms last year understand the process of measuring corporate carbon footprints. Over 1,000 clients in industries such as chemicals, food and beverage, transportation, and hospitality have been selected to take part in this initiative, reflecting TTB’s ambition to set a new standard in ESG-driven lending.
Training business executives about green finance
Credit: TTB
Driving Thailand Toward a Low Carbon Economy
Both organizations emphasize that this collaboration goes beyond financing. It will involve the exchange of data, joint development of financial products, and the creation of tailored services for entrepreneurs. By strengthening the sustainability ecosystem, Thai businesses can better manage their operations, adjust investment strategies, and align with global climate change agendas. The partnership aims to position Thailand as a regional leader in sustainable business practices and as a nation that embraces the transition to a low-carbon economy.
Long Term Benefits for Businesses and Society
This alliance between SET and TTB not only offers financial advantages but also fosters resilience among Thai companies in the face of stricter international climate regulations. For entrepreneurs, adopting standardized carbon footprinting practices will bring credibility and opportunities to expand globally. For society, the long-term benefits include improved environmental outcomes, enhanced investor confidence, and a stronger, greener economy. By supporting SMEs as well as larger firms, the initiative ensures that every sector of Thailand’s business landscape can participate in sustainable growth. The direction taken by SET and TTB reflects an urgent need for nations to accelerate climate-conscious finance and could serve as a model for other markets in the region. This initiative shows that responsible finance and profitability can grow together, creating a foundation for the next phase of Thailand’s economic evolution.
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