EXIM Thailand’s Corporate Social Responsibility Plan 2012-2016
Pursuant to Section 7 of the Export-Import Bank of Thailand Act, 1993 (B.E. 2536), EXIM Thailand was founded with the objective of “conducting the business which promotes and supports export, import and investment for the purpose of national development.” Thus, the goal of advancing the country’s social and economic development has apparently been imbued in the Bank’s founding principles and raison d’être. Being a state-owned specialized financial institution under the oversight of the Ministry of Finance, the Bank embraces its corporate social responsibility (CSR) by conducting, on a continuous basis, numerous social contribution activities such as aids to the underprivileged or disaster victims, dissemination of knowledge in international trade and investment to entrepreneurs and the general public, fostering of education, public health, religious affairs, arts and culture, and caring for and preservation of the environment.
Under EXIM Thailand’s corporate governance policy, set out by the Board of Directors (BOD) pursuant to a resolution of the BOD meeting no. 12/2550 on December 20, 2007, the “corporate social responsibility” agenda has been embedded into the Bank’s good governance framework that the Bank must adhere to.
EXIM Thailand’s Corporate Social Responsibility Policy
CSR is defined as an obligation of the Bank to conduct business ethically and morally under good corporate governance principles, while upholding social and environmental responsibility, so as to reach the goal of sustained development of the organization and the society at large. Fulfilling the CSR principles will enable the Bank to be a good corporate citizen in conformity with its vision, mission and corporate governance framework.
EXIM CSR Policy
1. Operate business by upholding good standards of corporate governance and social responsibility.
2. Respect the rights of, and exhibit fairness towards, all stakeholders.
3. Promote trade and investment development and national advancement in line with a development bank’s mission.
4. Support activities for public, social and environmental benefits, including governmental or private organizations that engage in activities with social and environmental contributions.
5. Encourage employees at all levels to give importance to, engage in, and carry out the Bank’s activities with social responsibility awareness.
6. Avoid activities that are ethically unacceptable or undermine confidence and trust of customers and the public in the Bank.
EXIM CSR Strategy
|Long-term national and economic development
|Implementation of activities to develop SME exporters’ potentials and disseminate international trade and investment knowledge to communities and society, including charitable activities for better quality of life for communities and society
|Employees’ participation in CSR activities to help the underprivileged and the needy
EXIM CSR Goal
All stakeholders acknowledge and join with the Bank in the development of SME exporters’ potentials and the dissemination of international trade and investment knowledge to communities and society, as well as the promotion of social equality and good quality of life for every member of communities and the country, most importantly the underprivileged and the poor.