Green bonds poised to launch next year. (Bangkok Post file photo)More than 10 companies are poised to launch green bonds next year, suggesting that environmental, social and governance (ESG) bonds are gaining ground in Thailand. TMB Bank emerged as Thailand's first green bond issuer in June 2018, and five more issuers -- Kasikornbank, B.Grimm Power Plc, BTS Group Holdings Plc, Energy Absolute Plc and Bank of Ayudhya -- later offered green bonds. A green bond is a fundraising instrument for eco-friendly or ESG projects or businesses. Ms Ruenvadee said the SEC joined forces with listed firms on Vibhavadi Road to launch the Vibhavadi Zero Waste campaign.

Source: Bangkok Post November 22, 2019 23:47 UTC