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UOB Thailand has received two awards for its commitment to sustainability.
The bank was named “Best Bank for ESG in Thailand” at the Asiamoney Banking Awards 2023 and also secured the “Thailand International Green Finance Initiative of the Year” award at the Asian Banking and Finance (ABF) Wholesale Banking Awards 2023.
In 2023, UOB Thailand established a Corporate Sustainability Office and appointed its first Chief Sustainability Officer, reflecting its dedication to sustainable finance. Chief Sustainability Officer, Chow Wong Yuen, expressed gratitude for the recognition and emphasized the bank’s net-zero commitment and continuous development of green financing frameworks.
The “Best Bank for ESG in Thailand” award acknowledges UOB Thailand’s strategic approach to sustainable financing, focusing on emissions. UOB Thailand’s approach includes decarbonizing the bank, supporting clients in reducing emissions, and offering thought leadership to bridge the sustainable financing gap in the Thai market.
UOB Thailand also received the “Thailand International Green Finance Initiative of the Year” award, recognizing its sustainable finance frameworks for wholesale banking clients in real estate, green technology, and waste management. ABF praised the bank’s commitment to internationally-recognized standards.
UOB Thailand’s sustainability initiatives have led to tangible results, including green building certifications and energy-saving recognition, demonstrating its commitment to environmental responsibility and sustainable practices.