Sustainability-linked Bond

To follow the Company’s vision – ‘to serve our community with unique and sustainable solutions that greatly contributes to an improved life’, BTS Group continues to enhance the environment through operation and growth of its low carbon transportation business. In line with our long-standing contribution to Thailand's reduction of GHG emissions in accordance with the Paris Agreement, we continuously monitor our environmental impact to ensure a low-carbon operation.

BTS Group has issued its first “Sustainability-linked Bond” which allows investors the opportunity to finance Companies which prioritises ESG issues and has set credible and meaningful related ESG targets. The issuance of BTSG’s Sustainability-linked Bonds is in line with the Company’s long-term climate strategy, which includes our goals to remain carbon neutral and to increase the share of energy consumption from renewable energy sources to at least 10% of total electricity consumption.

Sustainability-Linked Finance Framework

DNV Business Assurance Australia Pty Ltd. (“DNV”) has reviewed BTSG’s Sustainability-linked Financing Framework (“SLFF”) and provided a Second Party Opinion (“SPO”) report which concludes that BTSG’s Sustainability-Linked Finance Framework is credible and impactful and aligns with the Sustainability-linked Bond Principles of June 2020, established by the International Capital Market Association (ICMA) and the Sustainability-Linked Loan Principles of May 2021, established by the Loan Market Association (LMA)