Government Savings Bank emphasizes the importance and is committed to becoming a sustainable bank, aligning its business operations with sustainable finance practices in Thailand’s financial sector of the Bank of Thailand (BOT) as the Fund Allocator to drive the economy and as defined by the “Principles for Responsible Banking (PRB)” established by the United Nations Environment Programme Finance Initiative (UNEP FI). GSB signed for adopting the principle in December 2020. GSB’s Assistant Managing Director of Sustainability and Sustainable Development is responsible for implementing and ensuring compliance with these principles, fostering a culture of respect for human rights among GSB’s Board, executives, employees, and staffs. This agrees with GSB’s social development strategy and aims to elevate the environmental, social, and governance performance to meet international standards and Sustainable Development Goals (SDGs). The two main SDGs that GSB focuses on are Goal 1: No poverty and Goal 10: Reduced inequalities.
Government Savings Bank is dedicated to driving its business operations in accordance with the Principles for Responsible Banking (PRB) framework, which consists of 6 principles: