We, AEON Thana Sinsap (Thailand) Public Company Limited, hereby announce the launch of SMBC Environmental Assessment Bond with Sumitomo Mitsui Banking Corporation (referred hereafter as "SMBC") on the 29th of November 2013 raising fund of 30 Million USD with 5 years maturity period through this scheme.
SMBC Environmental Assessment Bond is designed to encourage and support companies to engage in environmental-friendly activities. Through the evaluation of company's environmental and social measures, the company will be given a grade. Those companies which are evaluated with higher grades will be able to reduce their funding cost. They will also receive an environmental evaluation report to further enhance the company's eco-management related activities.
AEON Thana Sinsap (Thailand) Public Company Limited is the first company in Thailand to make use of this new bond scheme, where as AEON Financial Service Group, we become the second to raise fund with the similar scheme after AEON Credit Service (Malaysia) Berhad which launched SMBC Environmental Assessment Loan in 2012.
As a result of this evaluation, AEON Thana Sinsap (Thailand) Public Company Limited has received the highest grade of "Platinum+" with evaluation as a company that is proactively implementing environmental initiatives, based on its management system to mitigate and reduce the environmental risks, in alignment with its corporate vision and mission statement.
Our company will not only satisfied with this result, but rather use this evaluation as momentum to continue our best efforts and further improve our environmental-friendly activities in order to continuously contribute to the environment and society from now on.