Government Savings Bank aims for sustainable business operations with good governance toward society and communities. The Bank has social and environmental responsibility and recognizes negative impact from its activities on the environment of the community, the country and the world by adopting technology to use in conjunction with environmental care, adhering to three principles: economic growth, social responsibility, and environmental impact.
Improper waste management not only causes environmental problems at the local and national level, but also contributes to global issues, particularly the problem of climate change that is becoming more serious as waste is one of significant factors of greenhouse gas emissions.
Government Savings Bank was part of the environmental conservation project to reduce and phase out ozone-depleting substances in Thailand according to the Cabinet resolution on October 7, 2003. GSB acted as a financial agent for this project to help relevant entrepreneurs reduce and phase out ozone-depleting substances causing global warming.
Environmental conservation project to reduce and phase out ozone-depleting substances in the environment
Government Savings Bank was part of the environmental conservation project to reduce and phase out ozone-depleting substances in Thailand according to the Cabinet resolution on October 7, 2003. GSB acted as a financial agent for this project to help relevant entrepreneurs reduce and phase out ozone-depleting substances causing global warming.
“GSB Fish Home Building to Preserve Thai Sea” Project
The Government Savings Bank realizes that economic growth and various business activities result in increased use of natural resources and energy, causing pollution, direct and indirect impacts on the environment and ecosystem. Therefore, the sustainable development of the business sector should strike a balance between economic growth and resource optimization according to a principle known as Eco-efficiency in order to achieve business management to have increased competitiveness as well as being responsible for natural resources and the environment.
GSB places great importance on and is committed to promoting social, community and environmental responsibility policies to reduce the impact caused by climate change from GSB’s operations. This agrees with the country’s goal of driving climate change response and push the country towards Carbon Neutrality and Net Zero Emissions towards the Sustainable Development Goals according to the government’s policies.
The Government Savings Bank realizes that economic growth and various business activities result in increased use of natural resources and energy, causing pollution, direct and indirect impacts on the environment and ecosystem. Therefore, the sustainable development of the business sector should strike a balance between economic growth and resource optimization according to a principle known as Eco-efficiency in order to achieve business management to have increased competitiveness as well as being responsible for natural resources and the environment.
Natural resource and environmental restoration activities: Water management (2018 – 2021)
The Government Savings Bank recognizes the importance of managing, maintaining, restoring and developing water resources which is considered a public treasure of the nation to remain and be used for a long time. We therefore have carried out activities to restore natural resources and the environment for water management continuously for a period of 4 years from 2018 onwards to the present.
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