Page 43 - SD RATCH EN

RATCH Group PCL.
The proceeds were allocated to projects under the following 2 categories:
Sustainability Report 2020
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Baht 6,700 million or 84% to 4 wind farms
Baht 1,300 million or 16% to 2 clean transport projects
• Collector Wind Farm (226.8 MW) in Australia, entirely owned by RATCH
• Yandin Wind Farm (214.2 MW) in Australia, 70% owned by RATCH
• Ecowin Wind Farm (29.7 MW) in Vietnam, 51% owned by RATCH
• Nexif Ben Tre Wind Farm (80 MW) in Vietnam, 50% owned by RATCH
• MRT Pink Line (Khae Rai-Min Buri) in Thailand, 10% owned by RATCH
• MRT Yellow Line (Lad Phrao-Samrong) in Thailand, 10% owned by RATCH
The Green Bond issuance gained domestic and international recognition. “Deal of the Year” in 2020 Best Bond Award was bestowed by Thai Bond Market Association as a distinctive and most popular private bond in 2020, together with the Environmental, Social and Governance Bond (ESG Bond) Award, which issued based on Green, Social, Sustainable Financing Framework and well suited need of investors.
Additionally, “Best Local Currency Green Bond” was awarded by the Asset Triple A Capital Markets Regional Awards 2020: Deals of the Year in Renewable Energy/ Transition Energy category. Setting a new practice for green bond issuance in Thailand, it is the country’s first green bond issue that was supported by an Assurance Report, prepared by an external verifier, that replaced the popular form of a second party opinion report.
Sustainable development’s progress on community and society
RATCH-controlled power plants have carried out activities to improve community quality of life; encourage community engagement in operational and environmental management; strengthen community in economic, safety, health and environmental dimensions; listen to community complaints through open and accessible channels to deal with community concerns; and adopt an equitable and thorough communication approach. The activities are aimed at attaining community trust and confidence in the Company and its power plants’ operations. In 2020, RATCH received no complaint from the communities near the power plants.
Assistance to community affected by the failure of Xe-Pian Xe-Namnoy Hydroelectric Power Plant’s Saddle Dam D
Since the Xe-Pian Xe-Namnoy Hydroelectric Power Plant’s Saddle Dam D washed-out in mid-2018, RATCH has provided various forms of assistance through the Government of Lao and closely monitored Xe-Pian Xe-Namnoy Power Co., Ltd., the joint venture’s actions in economic, social and environmental rehabilitation programs. The programs which are managed, supervised and scrutinized by the Lao government have shown gradual progress. The rehabilitation and compensation programs to ease the impacts on community and society are summarized below:
Action
Key issue
Progress
Remedy to fatalities
• The Dead and the Missing • Children who lost parents
Xe-Pian Xe-Namnoy Power Co., Ltd., a joint company fully compensated to fatalities via the Lao government.