projects) as well as the ASEAN SBS (i.e. projects which involve activities that pose a negative social impact related to alcohol, gambling, tobacco and weaponry).

due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in

2019 and the smoke pollution crisis in Chiangmai province during the beginning of 2019. Gross Profit In 2019, gross profit was THB 1,090.62 million or 38.07% of the total revenue from operations, which

million, equaled to 3.86% of the total revenue from operations. The main decrease for THB 7.92 million came from the tourist reduction due to Coronavirus disease 2019 (COVID-19) and the smoke pollution

a negative social impact related to alcohol, gambling, tobacco and weaponry are excluded CASE STUDIES 9 ICBC’s first green bond ▪ Industrial and Commercial Bank of China (ICBC), the largest bank in

, cardboard and specialty fibers (e.g., viscose). It also includes timber products used for biomass. - Tobacco: This includes all products derived from tobacco plants, including smoking tobacco, smokeless

activities that pose a negative social impact related to alcohol, gambling, tobacco and weaponry are excluded from the ASEAN SBS. Issuers are also encouraged to develop a list of additional ineligible projects

Style Hotel Chiangmai by THB 9.64 million causing from smoke pollution crisis in Chiangmai province during the beginning of 2019. Gross Profit In the third quarter of 2019, gross profit of the Group was

Construction Real estate Capital goods Food, beverage and tobacco Agricultural commodities Paper & Forestry Financial services • Asset managers • Asset owners • Banks • Insurance companies CDP SECTOR-SPECIFIC

, High interest rate lending, Human Embryonic Stem Cells, Military, Nuclear power, Pornography, Reproductive medicine, Tar sands and oil shale, and Tobacco. 6 VE scale of assessment: Isolated / Occasional