Singha Estate Partners with Krungthai Bank to promote the initiative of the Green Loans and develop the building of the S-Oasis office, with the focus on sustainability to meet the needs of international and modern tenants

Singha Estate Partners with Krungthai Bank to promote the initiative of the Green Loans and develop the building of the S-Oasis office, with the focus on sustainability to meet the needs of international and modern tenants

The Singha Estate Public Company Company Limited (Set: S), a leading international real estate developer and investor, received its first green loan permit from Krungthai Bank with a total of 1.9 billion baht. The loan will finance the development of the S-Oasis office building, which was designed with state-of-the-art, environmentally friendly technologies. In this milestone, the continued commitment of Singha Estate for sustainable growth as well as its commitment to environmental responsibility and social responsibility are emphasized. The project aims to create sustainable value for companies, tenants and the surrounding community.

Singha Estate Partners with Krungthai Bank to promote the initiative of the Green Loans and develop the building of the S-Oasis office, with the focus on sustainability to meet the needs of international and modern tenants

The S-Oasis office building is designed as an intelligent building that integrates state-of-the-art technology into the principles of sustainable development. It has received the Leed Gold Certification and reinforced the commitment of Singha Estate for the creation of environmentally friendly environments. The green loan supports the company's mission to achieve carbon neutrality by 2030 and to reach net greenhouse gas emissions by 2050.

Chairman Sivapornpan, Chief Financial Officer by Singha Estate Public Company Limited, discussed the Green Loan project and emphasized the company's commitment to sustainability: “Our business is in balance with our vision of” entrusted value enriched “. Like the millions of trees for tomorrow (P Leuk Pa Duay Plai New) in Singha Park Chiang Rai, where we have already planted 6,200 trees or 20% of our destination. (17.05% of the area). Together with the Krungthai Bank, we have also concluded an interest protection agreement attracted with carbon loan connections, which has now been extended to an environmentally friendly loan. Part of this loan is invested in the further development of the S-Oasis building and intelligent, environmentally friendly technologies are involved in improving the company and reducing the effects on the environment. Thanks to our Green Process Policy, we strive to make the building even more environmentally friendly, to concentrate on energy efficiency and to minimize ecological footprints. “

The Singha Estate operating plan for the S-Oasis office building includes:

  1. Installation of dimmable LED movement sensor lights that automatically adjust the brightness if the area is not occupied, which ensures continuous lighting around the clock. This approach not only saves energy, but also reduces greenhouse gas emissions.
  2. Installation of drinking water filtration systems for cleaning contamination, ensuring high water quality and promoting better hygiene for the construction of occupants. This system reduces the need for water into bottles, lowers the costs and promotes the use of reusable containers.
  3. Implementation of AI-based optimization systems to transform the building into an intelligent, energy-efficient space. With AI to analyze data, this system improves energy management and optimizes the operation of public supply companies.
  4. Installation of solar -powered lighting systems to promote the use of clean power sources.
  5. Installation of a powerful air cold system for efficient cooling for air servers around the clock. The system should minimize energy consumption.
  6. Development of flexible, ready -to -set Jump & Sync Green Offices that can be easily adjusted to meet the needs of the tenants. These offices are developed with low-carbon, environmentally friendly materials that reduce greenhouse gas emissions and at the same time contain low-VOC materials to ensure a secure working environment for all users.

Singha Estate is devoted to the meticulously developing projects that create value and sustainable growth in close -term cooperation with stakeholders, society, the environment and local communities. The approval of a green loan of the Krungthai Bank for the development of the S-Oasis office building is a significant milestone for improving the environmental standards of its real estate. This investment prioritizes energy efficiency and greenhouse gas reduction and supports the goals of the carbon neutrality of Singha Estate directly and net zero emissions. It also agrees with the company's investment framework (Environmental, social and governance), which is a central focus for Singha Estate. By building environmentally friendly buildings, Singha Estate not only increases the value of his projects, but also offers tenants the opportunity to actively participate in environmental protection, to optimize energy and resource consumption, to reduce emissions and to meet the growing demand for sustainable rooms.

Mr. Suratun Kongton, Chief Wholesale Banking Officer of Krungthai Bank, explained that the bank is obliged to create the principles of environmental, social and governance (ESG) and integrate the sustainable development goals (SDGS) of the United Nations into his operations in order to improve business performance and the ability to create positive environmental and social effects. The Krungthai Bank is proud to play a crucial role in the further development of sustainability by providing Singha Estate for the development of the S-Oasis office building an environmentally friendly loan. As part of the credit contract, the bank has set up sustainable-focused important performance indicators (KPIS) in accordance with its responsible credit guidelines to ensure that the funds to support Singha Estate are used in building an intelligent, environmentally friendly building. The project aims to promote energy efficiency, reduce the environmental impact and to create value for companies, tenants, local communities and society as a whole. The bank has full trust in Singha Estate, a leading real estate developer in Thailand and its commitment to sustainability.

This partnership reflects the joint ESG vision of both organizations to promote the sustainability initiatives and at the same time increase the endeavor of the Krungthai Bank, to become a carbon-neutral organization. The project corresponds to Thailand's aim to achieve net building gas emissions and contributes to a sensible change for society, the environment and the economy. In addition, the vision of Krungthai Bank supports “to grow together for sustainability”. With this initiative, Krungthai Bank strengthens its position as a trustworthy partner who is committed to sustainable business practices, underlines its commitment to a leading company in sustainable banking and contributes to the SDG 13 goal for climate management goals.

Singha Estate Partners with Krungthai Bank to promote the initiative of the Green Loans and develop the building of the S-Oasis office, with the focus on sustainability to meet the needs of international and modern tenants

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