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Responsible Financing

UOB Thailand as part of UOB Group has embedded sustainability in our long-term business strategy, aligning with the United Nations Sustainable Development Goals (UN SDGs), the Paris Agreement and national goals of the jurisdictions in which we operate. As we push forward on our journey in building the sustainable future of ASEAN, we are committed to managing ESG risks prudently. We recognise that we have an important role to play in helping shape responsible actions from our customers through our financing and investing activities, as well as the banking solutions we offer.

Responsible financing policy


Established in 2017, UOB Thailand Responsible Financing Policy integrates the principles of The Association of Banks in Singapore (ABS) Guidelines on Responsible Financing into our credit evaluation and approval processes and applies to all borrowing customers within Corporate Banking and Commercial Banking and to the Bank’s capital market underwriting activities.

The policy is guided by Thailand Environmental Risk Management (ENRM) Framework and embedded within UOB Thailand’s Credit Policy. It is reviewed annually under the oversight of the Board Risk Management Committee and approved by the Board. Our responsible financing sector policies set out mandatory requirements and recommendations on managing the ESG risks of our lending portfolio in areas such as human rights, labour and working conditions, pollution prevention, resource efficiency, community health and safety, as well as biodiversity conservation. These risks are applicable throughout the financing life cycle.

Sector-specific policies

UOB also established sector-specific guidelines for selected high ESG risk sectors to guide our assessment of customers that fall within the eight ESG-sensitive industries as defined by the ABS Guidelines on Responsible Financing.

Agriculture (excl Palm Oil) Sector Policy

Agriculture (Palm Oil) Sector Policy

Forestry Sector Policy

Metals and Mining Sector Policy

Defence Sector Policy

Chemical Sector Policy

Energy Sector Policy

Infrastructure Sector Policy

Waste Management Sector Policy