abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

16 Jun 2020

Krungthai Bank's response to the OHCHR

The following is the company's response addressed to the Special Procedures Branch of the United Nations' Office of the High Commission for Human Rights:

16 June 2020

Krungthai bank acknowledged claims regard this disastrous event from both the UN and the company though we found that many of these claims from both parties are inconsistent with one another. Base on this ambiguous information, the bank concerns about the ongoing of this regard and frequently inquires further clarification from the company. [...]

[...]

[...] [T]he bank pursued the full compliance with the laws of Lao PDR and engaged the independent third-party consulting companies who are the subject matter experts to conduct Technical and Environmental & Social due diligence (TESDD) and REDP that were duly reviewed and approved by the environment and social experts of the Government of Laos (GOL).

Regarding the environmental impact, the TESDD report and series of actions were conducted to identify, prevent, mitigate the negative environmental effect of the project before the construction of the project Regarding the human rights impact, the REDP contains an Ethnic People Plan which studied the ethnic in the project area and includes measures to identify, prevent, mitigate the negative social and cultural impacts that the project may have. [...]

[...]

Timeline

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.