its business. In coupling both intensity and absolute targets, CHANEL has committed to an absolute reduction in line with climate science, as well as an ambitious business target to reduce its footprint
Sustainability-Linked Bond Principles 2020 and considers the KPI to be adequate and the SPTs to be ambitious and impactful. This assessment is based on the following: Evaluation date December 31, 2020 Issuer
Standards at a glance 1. STRATEGY – The Enterprise embeds contributing positively to sustainable development and the SDGs into its purpose and strategy, and sets ambitious impact goals. 1.1 The Enterprise
, set targets for carbon removals and storage. This can be done through, for example, high-quality carbon credits, which comply with or are more ambitious than the criteria for carbon removals and storage
statutory auditor. 3-4 How should differences in the sector, geography, governing laws and environmental policies be reflected when defining the ambition of SPTs? The issuer should select ambitious KPIs and
due to (1) an increase in cash and cash equivalents of THB 151 million, (2) an increase in short-term investment from fixed deposit of subsidiaries of THB 90 million, and (3) an increase in trade and
of essential and ambitious Paris-aligned investments that includes other labels (not a focus of this paper). Regardless of the label, all are ‘green’ as they contribute to environmental objectives
• Participating in external cap and trade allowance trading programs • Calculating carbon taxes Recognition for early voluntary action • Providing information to support “baseline protection” and/or credit for
of Commerce and Board of Trade of Thailand 11. The Thai Bankers' Association (TBA) 12. Association of International Bank (Thailand) (AIB) 13. Government Financial Institutions Association (GFA) *The