Krungthai and IRPC Advance FX Risk Management Program through an Integrated ESG Platform to Drive Sustainable Growth

Mr. Rawin Boonyanusasna, Head of Global Markets Group at Krungthai Bank Public Company Limited, stated: "Krungthai is deeply committed to developing financial innovations that support sustainable growth for businesses. By combining our expertise in financial risk management with ESG principles, we empower clients to manage risk effectively while achieving their sustainability goals."

He added that Krungthai and IRPC have recently collaborated in the ESG Data-Integrated FX Total Solutions Program, a model project that connects ESG data with hedging transactions, including FX Forward and Cross-Currency Swap. Under this program, the bank provides in-depth consultation and tailors transaction structures to align with IRPC's revenue and expenditure. IRPC's ESG performance metrics are used as criteria for financial incentives, helping to optimize transaction costs while reflecting the company's transparent and sustainable business operations.

"This is the first time an ESG Platform has been extended to comprehensively include sustainable financial solutions, addressing risk management needs while promoting responsible business practices, which is in alignment with our vision, Growing Together for Sustainability," said Rawin.

Ms. Torsang Chaipravat, Acting Senior Executive Vice President, Corporate Accounting & Finance, IRPC Public Company Limited, said: "IRPC operates under the framework of Sustainability Management Excellence, striving to balance business performance with environmental, social, and governance considerations (ESG). To support this commitment, IRPC has developed an ESG Platform to systematically collect and analyze data on energy use, carbon emissions, resource efficiency, and supply-chain management."

She further explained that the collaboration with Krungthai Bank through the ESG Data-Integrated FX Total Solutions initiative enables IRPC to connect ESG data from its platform directly to real-time financial risk management. This integration enhances accuracy in forecasting and managing foreign exchange (FX) volatility and enables IRPC to use ESG data as a basis for receiving financial incentives or cost-reduction benefits.

"This partnership not only strengthens the effectiveness of IRPC's financial-risk management but also reinforces IRPC's commitment to leveraging ESG data to drive strategic decision-making, creating sustainability for both business and society," Torsang added.

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