green asset for the ASEAN region, and shall not be used for fossil fuel power generation projects The ICMA’s Green Bond Principles (GBP) are voluntary process guidelines that recommend transparency and

................................................................ 44 4.1.7. Marine energy generation ................................................................................. 45 4.1.8. Electricity generation from renewable non-fossil gaseous and liquid fuels

93.5% to 87.5%  Utilize waste heat to generate electric power which can replace power consumption at least 25%  Using alternative fuel which can replace fossil fuel at least 10%  SCG Hybrid Cement can

spread between finished product and crude oil in every product category, and from the higher average crude oil price; resulting in an Inventory Gain of THB 834 million, exceeding 2016’s. Moreover, there

projects such as wind or solar energy generation are common, and achieve avoided emissions compared to energy generation using fossil fuels. Banking (Bank): Financial institutions that mostly undertake

if the value of their investment decreases Source: Stanford Graduate School of Business Sustainable investment ในตา่งประเทศ SEC Classification : ใชภ้ายใน (Internal) 4 Negative spread Positive spread

to certified Climate Bonds. This criteria allows solar assets where a minimum of 85% of the electricity generated is from solar energy. It follows that fossil fuels may provide back-up or hybrid

; • (ix) Eco-efficient and/or circular economy adapted products, production technologies and processes; • (x) Green buildings. • Fossil fuel power generation projects are excluded Regional standards: Global

Bond must comply with both the ASEAN GBS and the ASEAN SBS. The proceeds allocated for the Project must not be used for Ineligible Projects specified by the ASEAN GBS (i.e. fossil fuel power generation

sales volumes plus greater main raw material costs from higher crude oil price and tight market supply. However, the overall spread margin was improved and bring 23.9% gross profit margin comparing to