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História

Thailand: Proposed Burapa Power Plant project raises social and environmental concerns; Fossil Free Thailand demands clarity over investment links, incl. cos. responses & non-responses

Fossil Free Thailand, a coalition of civil society organizations from Thailand and across Asia voices concerns over the proposed 600 MW Burapa Power Project in Thailand, a natural gas-fired plant, that could pose social and environmental risks to communities. Alleged environmental concerns include contradictions with IEA guidance on new unabated gas projects, the project's significant daily water requirement in a water-stressed region, and outdated air quality assessments. Additionally, social risks such as resource conflict and flawed community consultation processes have allegedly led to local resistance.

Fossil Free Thailand also published a list of companies and banks – both signatories to UN Principles for Responsible Banking (PRB) and non-PRB - that may allegedly involve in the proposed project development including financing the project. However, Fossil Free Thailand are not certain about the investment and business links to these companies and banks.

In December 2025 and January 2026, Business and Human Rights Centre invited Bank of Ayudhya, Bank of China, Government Savings Bank, ICBC, Kasikorn Bank, Mizuho, Natixis, SMBC, Societe Generale, Standard Chartered, Sumitomo Mitsui Trust, Bangkok Bank, CIMB, DZ Bank, Export-Import Bank of Thailand, Krungthai Bank, Land and House Bank, OCBC, Siam Commercial Bank, and TMBThanachart Bank to respond to allegations. Natixis, Societe Generale, Sumitomo Mitsui Financial Group, Standard Chartered and Mizuho Financial Group responded but the others did not. Their responses and non-responses are available in the story’s timeline.

Respostas da empresa

Bank of Ayudhya

Sem resposta

Bank of China

Sem resposta

Government Savings Bank

Sem resposta

National Power Supply

Sem resposta

Gulf Development

Sem resposta

Industrial & Commercial Bank of China (ICBC)

Sem resposta

Kasikorn Bank

Sem resposta

Bangkok Bank

Sem resposta

CIMB Group Holdings Berhad

Sem resposta

DZ BANK

Sem resposta

Export-Import Bank of Thailand

Sem resposta

Krungthai Bank

Sem resposta

Land and Houses Bank

Sem resposta

OCBC Bank

Sem resposta

Siam Commercial Bank

Sem resposta

TMBThanachart Bank

Sem resposta

Société Générale Ver resposta
Standard Chartered Ver resposta
Natixis Ver resposta
Mizuho Financial Group Ver resposta
Sumitomo Mitsui Financial Group Ver resposta

Linha do tempo