First in country to align with SET ESG Ratings as performance indicator
UOB Thailand today announced the launch of its Sustainable Liquidity Management Programme, a first of its kind initiative in the country that links corporate liquidity management with environmental, social, and governance (ESG) performance by using the Stock Exchange of Thailand (SET)'s ESG Ratings as a key performance indicator (KPI). PTT Public Company Limited, Thailand's national energy company becomes the programme's first participant.
The initiative empowers companies committed to sustainability to optimise surplus liquidity while being financially rewarded for ESG progress. Participants meet or exceed ESG targets will receive additional financial incentives from UOB. This approach integrates investment efficiency with long-term ESG goals, making sustainable finance a practical, results-driven strategy.
Mrs Vira-anong Chiranakhorn Phutrakul, Deputy CEO and Head of Wholesale Banking, UOB Thailand, said, "Our Sustainable Liquidity Management Programme underscores UOB's deep commitment to driving sustainable progress across the region. By aligning financial solutions with recognised ESG indicators and offering tangible incentives, we empower our clients to embed sustainability into their core strategies. This initiative reflects not only our support for Thailand's long-term vision for sustainable economic development, but also our broader sustainability objectives - to help businesses grow responsibly, to channel consumer wealth towards sustainable investments, and to promote social inclusion and environmental well-being."
Under this initiative, the Bank refers to SET ESG Ratings as a reliable tool to compare sustainability performance of participating companies, while promoting transparency and accountability among investors. It also leverages ESG-related data to guide real-world investment choices and promote sustainability within the capital market.
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