Thai and Swiss Banks Join Forces to ‘Rethink Sustainability’ in Thailand

Thailand’s Kasikornbank together with Swiss private bank Lombard Odier, hosted a ‘forum on February 28, 2024, to call for collaborative efforts to accelerate the sustainability transition in Thailand across key sectors namely: tourism, food and agriculture, materials, and the renewable energy sectors.

The forum brought together global perspectives and local best practices, emphasizing the significant role of investors in the unprecedented capital (re)allocation of US$34 trillion by 2030 required to deliver the environmental transition.

Committed to accelerating Thailand’s sustainability transition, the joint forum aimed to drive widespread implementation of the ‘Rethink Sustainability’ approach: the concept of redesigning the current economic model into a Circular, Lean, Inclusive and Clean (CLIC) economy, essential for long-term business competitiveness, investment outcomes, and economic security.

Kattiya Indaravijaya, Chief Executive Officer at Kasikornbank said: “There are four powerful driving forces stimulating the sustainability revolution: policy and regulations, technological innovations, consumer demands and private capital. Each plays a unique role, but true sustainability requires us to work together as an ecosystem.”

“As a responsible corporate citizen and a financial enabler, Kasikornbank has committed to transform net zero emissions from ambition to reality. Through this forum, we empower everyone to join forces and make a sustainable future possible together.”