The report highlights SCBX's transformation from the Siam Commercial Bank Group to SCBX Group, with a new growth strategy to address 3 trends: financial inclusion, digital asset economy, and green tech. The report also highlights SCBX's group-wide sustainability governance structure, which operates under a strategic framework comprising 4 pillars: 'Planting Digital Seeds, Enriching Lives, Growing Economic Resilience, and Achieving Climate Neutrality.' SCBX's sustainability mission is 'Opportunities for Everyone, Possibilities Everyday.' SCBX recognizes the urgency of tackling the climate risks and pledged to realize the Net Zero target across business operations by 2030 and across lending and investment activities by 2050. SCBX also put efforts into uplifting corporate internal management and contributing to a Net Zero transition with the target loan outstanding of 200,000 million THB by 2030 to support businesses or project finance that seek to reduce greenhouse gas emissions and the initial funding of 200 million USD for co-investing in climate tech funds or companies.
