Bangkok, 20 October 2025 – True Corporation, Thailand’s leading telecom-tech company, reinforces its sustainability mission by taking its partnership with suppliers to the next level. The company has launched the “Green Financing Program”, the first of its kind in Asia, in collaboration with Pantavanij and TMBThanachart, creating new opportunities for suppliers to access green financing more easily and support projects in environmental protection and clean energy through various funding options. At the same time, True underscores the importance of Health & Safety throughout its supply chain, with a clear goal of achieving Zero Fatalities, ensuring no loss of life from work-related activities. These initiatives were highlighted at “True Supplier Forum 2025: Together for Net Zero”, an annual event dedicated to strategic partner collaboration, aimed at accelerating Scope 3 greenhouse gas reductions and driving progress toward Net Zero emissions by 2050.
Sigve Brekke, Group Chief Executive Officer, True Corporation Plc, said “At True Corporation, we are deeply committed to advancing sustainability across all dimensions of ESG: Environmental, Social, and Governance. We believe that true sustainable growth can only be achieved through collaboration across the entire value chain. Our newly launched Green Financing Program represents an important step forward, enabling our partners to access green funding and accelerate their transition toward more sustainable business practices. Equally important, we place the highest priority on the health and safety of our people, the backbone of our strong network operations. Behind every signal and service are thousands of dedicated individuals working tirelessly in the field. That is why we have set a clear goal of Zero Fatalities, reinforcing our commitment to ensuring that everyone working with True returns safely every day. This is at the heart of our sustainability journey to grow responsibly, safely, and together with all our partners.
Showcasing Four “Green Financing Program” Options to Empower True’s Partners in Building a Sustainable Future
True’s partners can access four key financing options, each designed to support their diverse needs across all dimensions, as follows:
- Green Loan & Blue Loan – Long-term financing designed to support renewable and clean energy projects, enhance energy efficiency, promote sustainable natural resource management, and enable the development of green buildings.
- Short-term Financing Linked-Loan (SLL) – Special financing linked to a company’s sustainability performance, offering preferential interest rates based on the achievement of predefined sustainability targets.
- Solar E-P-C (Engineering-Procurement-Construction) – Comprehensive financing solutions for end-to-end solar energy projects, covering site assessment, design, installation, testing, and full operational deployment.
- Hire Purchase / Financial Lease for EV Car – Financing for electric vehicles (EVs) including company cars, pool vehicles, employee welfare vehicles, and logistics fleets, aimed at reducing carbon emissions in the transportation and logistics sector.
Dr. Naetchanok Wipatasinlapin, Head of Sustainability Division of True Corporation Plc. said that “Suppliers are a crucial driving force in reducing greenhouse gas emissions across the entire supply chain or Scope 3, in line with the Science Based Targets initiative (SBTi). Their role is a key to reach Net Zero emissions by 2050 in a concrete and sustainable way. True Corporation is committed to building a sustainability ecosystem that grows alongside its partners in every dimension. In 2025 alone, more than 100 supplier companies have already undergone and passed a 100% ESG assessment. According to a recent survey of key high-spending partners, more than 50% expressed strong interest in the Green Financing Program. Combined with True’s readiness and robust capabilities particularly through its “GHG (Green House Gas) Emissions Data Platform and Consulting Service”, a powerful tool designed to support partners in achieving their Net Zero goals, the company has taken a significant step forward by collaborating with Pantavanij and TMBThanachart to launch the “Green Financing Program” for the first time in Asia. This initiative aims to create new opportunities for partners to access green financing more easily, enabling them to implement environmental and clean energy projects as well as gain access to special loans linked to jointly defined sustainability outcomes. We are confident that this model will not only enhance our partners’ capabilities to stay ahead of the green business transition and meet the needs of environmentally conscious consumers, but also align with investors’ focus on decarbonization. It will strengthen and sustain the growth of True’s entire supply chain as we move forward together.”
Towards “Zero Fatalities” – Achieving Zero Work-Related Deaths
When working with its business partners, True places the highest priority on the safety of its people. People are at the heart of every project from base station installation and network expansion to system maintenance across the country. With this in mind, True has set a clear and ambitious goal of “Zero Fatalities, ensuring that not a single life is lost due to work-related incidents. Guided by the principle of “Stay TRUE to Safety,” the company strives to ensure that everyone across the supply chain moves forward together in the safest possible way. To achieve this, True has implemented a comprehensive and systematic safety framework throughout every stage of operations, including:
- Strengthened high-risk network supplier contracts: to include clear safety clauses, enforced SOP training, PPEs, and unified penalties & compensation framework to build a more accountable supply chain.
- Enhance supplier safety training: with post-tests and certification to ensure site workers are competent and aware of the risks.
- Use digital technology to monitor contract readiness and track safety performance.
The goal of “Zero Fatalities” is more than just a number. It is a critical mission that True and all its partners are determined to turn into reality, ensuring that “everyone returns home safely, every single day.
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