BTS Group Holdings Public Company Limited

Unverified
Sector
Low Carbon Transport
Website
www.climatebonds.net
2 Second Party Opinions
1 Framework
1 Assurance Report
1 Certification
XFID Type Title Year Source Retrieved
XF-03UDXPB-F Framework BTS Group Green Bond Framework 2021 www.btsgroup.co.th 31 Mar 2026
XF-KAO3PHK-U Assurance Report BTS Group Holdings 2020 www.climatebonds.net 16 Mar 2026
XF-QRITOBJ-X Certification BTS Group — UoP Verifier Report (Low Carbon Transport) 2019 www.climatebonds.net 13 Mar 2026
XF-QF8DS13-9 Second Party Opinion BTSG Green Bond Framework Second-Party Opinion 2019 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-XMTU04C-0 Second Party Opinion BTSG Bond Impact Report 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE H Transportation & Storage

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
BTS Group Holdings PCL, Thailand FRAMEWORK 2021 2021
Issuer sector/industry classification
Transportation & Storage - Mass Transit, Media, Property FRAMEWORK 2021 2021
Issuer organizational structure
Privately owned multi-industry conglomerate with subsidiary Bangkok Mass Transit System PCL (BTSC) as exclusive concessionaire and operator FRAMEWORK 2021 2021

Green / Sustainable Finance Framework

Sustainable bond framework name and version
BTS GROUP HOLDINGS PCL Green Bond Framework, September 2021 FRAMEWORK 2021 2021
Bond types covered under framework
Green bond FRAMEWORK 2021 2021
Framework publication date and update history
September 2021 FRAMEWORK 2021 2021
Eligible use-of-proceeds categories
Clean Transportation and supporting infrastructure SPO 2019 2019

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 SPO 2022 2022
Alignment with UN Sustainable Development Goals
UN Sustainable Development Goals alignment addressed in assessment SPO 2019 2019
Alignment with Climate Bonds Standard
Low Carbon Transport criteria of the Climate Bonds Standard ASSURANCE 2020 2020
Alignment with ASEAN Green Bond Standards
Aligned with ASEAN Green Bond Standards 2018 SPO 2019 2019

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, June 2, 2022 SPO 2022 2022
SPO assessment scope and methodology
Sustainalytics calculated estimated impact achieved by green bond; quantified financed avoided emissions for representative year of bond term SPO 2022 2022
SPO preliminary evaluation or credibility rating
BTSG Green Bond Framework is credible and impactful SPO 2019 2019
Pre-issuance or post-issuance verification type
Pre-issuance verification ASSURANCE 2020 2020
Assurance provider name and engagement period
Sustainalytics, October 2020 ASSURANCE 2020 2020
Assurance scope
Review and verification that green bond meets requirements under Low Carbon Transport criteria of the Climate Bonds Standard ASSURANCE 2020 2020
Verifier accreditation or approval status
Sustainalytics - Approved verifier ASSURANCE 2020 2020
SPO assessment of development impact
Related development of public clean infrastructure will support low carbon mobility in Bangkok SPO 2019 2019

Issuance Details

Bond instrument type
Green bond SPO 2022 2022
Bond issuance date
November 2021 SPO 2022 2022
Par or principal amount of bond and currency
THB 10.2 billion SPO 2022 2022

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Multi-industry conglomerate operating across MOVE, MIX, and MATCH platforms; mass transit operator capturing growth in Bangkok commuting solutions and Government plan to increase Greater Bangkok mass transit network to 515.2 km by 2029 FRAMEWORK 2021 2021

Proceeds Allocation & Reporting

Allocated funds amount and currency
THB 10.2 billion, fully allocated SPO 2022 2022
Number of projects financed
2 projects SPO 2022 2022
Project categories financed
Green Line North Extension, Green Line South Extension SPO 2022 2022

Impact Metrics & Reporting

Annual CO2e emissions avoided or reduced
1,331 tCO2e annually SPO 2022 2022
Trees yearly sequestration equivalent
88,000 trees yearly sequestration SPO 2022 2022

Changes Over Time

Items where disclosed information changed across documents.

Eligible use-of-proceeds categories
2019 Clean transportation, Infrastructure supporting clean transportation operations
2019 Clean transportation and supporting infrastructure
2020 Clean transportation; Infrastructure supporting clean transportation operations
Sustainable bond framework name and version
2019 BTSG Green Bond Framework
2021 BTS Group Holdings PCL Green Bond Framework, Version September 2021
Alignment with ICMA Green Bond Principles
2019 Green Bond Principles 2018
2022 Aligned with Green Bond Principles 2021 (GBP)