Siam Commercial Bank clinches prestigious Asia's Best CSR Award, strengthening its pledge to foster sustainable value for communities, society, and nation

Siam Commercial Bank clinched the coveted Asia's Best CSR award at the prestigious 13th Asian Excellence Awards 2023, organized by Corporate Governance Asia magazine, a leading economic and corporate governance publication based in Hong Kong. This recognition underscores the bank's unwavering commitment to conducting business responsibly, prioritizing the well-being of communities, society, and the environment while adhering to the principles of good governance to foster sustainable value for the community, society, economy, and nation.

Ms. Araya Phuphanich, First Executive Vice President of the CSR Function at Siam Commercial Bank, noted, “For over 116 years, Siam Commercial Bank has conducted business with a steadfast adherence to integrity and good corporate governance, coupled with a profound sense of social responsibility. Our commitment is rooted in the pursuit of stability and sustainability for the country's economic and social systems. The Bank believes that sustainable growth transcends mere financial performance.  It is about adaptability in the face of changing contexts, maintaining a balance that ensures sustainable and equitable benefits for all stakeholders, and spearheading projects and initiatives for societal progress and development. The bank's commitment extends across three core dimensions:

1. Supporting Education, Youth, and Educator Development: Siam Commercial Bank aims to create opportunities for accessing education and developing 21st-century skills among youth of all ages.  This includes fostering knowledge and integrity, enhancing the potential of educational personnel, and supporting educational institutions as key contributors to the transfer of beneficial knowledge to Thai youth.  The goal is to empower youths, making them integral to the country's future development.

1. Disaster Relief, Maintenance of Happiness, and Quality of Life Development: The Bank is dedicated to playing a crucial role in societal care, providing timely relief to disaster victims to restore happiness, boost morale, and expedite a return to normalcy.  Additionally, Siam Commercial Bank actively supports various quality-of-life development activities and organizations, aiming to uplift living standards within society.  The bank places a strong emphasis on environmental care, actively participating in initiatives to reduce greenhouse gas emissions and fulfill the SCBX Group’s environmental mission toward achieving net-zero commitments.
2. Employee Engagement in Public Service: The Bank encourages its employees to contribute their time to public service, fostering values of compassion, unity, and a culture of assistance.  This initiative aims to build a sense of community and social responsibility among employees, aligning with the Bank's broader commitment to societal well-being.”

Siam Commercial Bank remains steadfast in its pursuit of initiatives and activities that generate sustainable value for communities, society, the economy, and the nation, working tirelessly to realize its vision of becoming Thailand’s Most Admired Bank."