Sustainable Development

TISCO for Society

1. Financial Literacy for Customers

Retail Customers

1.1 Retail Customers

Understanding Debt: A financial literacy program designed for retail customers and individuals interested in loan products, developed from the Financial Risk Awareness initiative launched in 2019. The program addresses various topics related to debt, including the distinctions between formal and informal debt, financial planning before incurring debt, interest rate calculations, and effective debt repayment strategies. Our branch staff offers one-on-one sessions, and customers who successfully complete the quiz receive a complimentary gift. Additionally, the knowledge has been shared online via LINE, Facebook, and websites to enhance financial literacy among the public. In 2024, 247,054 participants gained knowledge through this project.

1.2 ฉลาดเก็บฉลาดใช้

The initiatives aimed to educate the public in communities surrounding branches nationwide, enhancing financial knowledge across various regions. Since 2014, the program has continually developed its format and content, offering a basic short-term financial planning lesson covering three main topics: saving before spending, debt management, and financial risks and threats. The learning process is encouraged through engaging activities like quizzes and receiving souvenirs. Furthermore, in 2023, we signed a partnership with the National Savings Fund (NSF) to promote saving and provide financial education to the Thai people, aiming for tangible results in fostering proper financial values and positive changes in financial attitudes and behaviors. In 2024, a total of 122 events were held across 69 provinces, with 15,370 participants.

As a result of these efforts, TISCO and Somwang received two awards at the National Savings Day event organized by the Ministry of Finance and NSF: the “Outstanding Network Performance of the Year 2024,” recognizing our role in promoting savings discipline, and the “Best Agent” award for the organization with the highest savings amount among the top 20 members (over 300,000 THB), highlighting our contributions to increasing membership and savings with NSF.

1.3 Financial Literacy for Communities and Society

TISCO believes that opportunities can be created and that establishing a “sustainable future” begins with sound financial planning. We consistently support and share financial knowledge with various groups of people, aiming to improve the quality of life for Thai citizens and enable them to live comfortably in society without experiencing financial difficulties. This, in turn, contributes to the sustainable prosperity of Thai society.

New Generation Group

1.4 Somwang for Opportunities’ Financial Camp

TISCO has expanded our financial literacy promotion efforts to university students, working adults, and aspiring first-jobbers, aiming to equip them with essential financial skills and encourage early financial planning in their careers. This initiative offers promising opportunities to join Hi-way Co., Ltd. at “Somwang Ngern Sang Dai” branches in their local areas. The program provides internship experience in the microfinancing sector to support our plan to enhance our Retail Loan services by training potential sales forces and transferring financial knowledge to community members, ultimately improving the quality of life for residents in the area.

In 2024, the “Somwang for Opportunities” camp continued to receive positive feedback, with an increasing number of young people expressing interest. In our 4th season, a total of 73 participants attended, more than tripling the number from the first camp. This indicates that people are eager to gain a better understanding of finances and learn effective money management strategies. Furthermore, upon completing the course, all participants have the opportunity to apply for jobs with Somwang Ngern Sang Dai at nearby branches.

Young Genetion

1.5 TISCO Financial Camp Network Club

TISCO continued our mission by supporting schools that participated in TISCO’s Youth Financial Camp to spread financial knowledge within their communities. Schools are encouraged to establish financial planning clubs or groups to promote financial discipline and raise awareness of the importance of saving and budgeting, empowering community members to better withstand financial crises. In collaboration with the National Savings Fund (NSF), we also organized “Little Speaker” training sessions for club leaders, members, and teachers to help them effectively share knowledge in schools and communities. One of the participating schools, Waeng Phitthayakhom School in Sakon Nakhon, received the “Promoter of Saving” award from the NSF on National Savings Day 2024. In 2024, 17 schools in 14 provinces participated in the program, reaching 28,531 individuals.

2.Community-Friendly Business Network

TISCO has supported community products and services or purchased products from social enterprises that use their profits for community benefits, as part of a community-friendly business network. In collaboration with the Thaipat Institute, we encourage communities to join our supply chain, fostering their self-reliance. Community products have consistently been utilized in our activities. For example, in 2024, we sourced products from Tan-khun Organic Farm in Nakhon Pathom, Naeville Organic Farm in Ang Thong, Kungfu Farm in Chiang Mai, and traditional bamboo handicrafts from the Bamboo Handicraft Center in Chonburi.

3. Provision of Educational Opportunities

Access to education is key to many opportunities in life. With this belief, in 2009, TISCO initiated the “TISCO Ruam Jai” Project to fund the development of school buildings and educational equipment for underprivileged schools in need across the country. This initiative aims to provide Thai children with safe and standardized school buildings and encourages community members to send their children to school. The selection criteria for the project focus on “opportunity” and “necessity,” such as schools with deteriorating or damaged buildings, along with data from the Ministry of Education and the passion and vision of the school headmasters and teachers, in order to maximize benefits for students and their community.

To date, the “TISCO Ruam Jai” Project has successfully delivered support to a total of 13 locations, including 12 school buildings, 1 school cafeteria, and 1 accident and emergency center, totaling 95,376,158.42 baht, with the 14th project currently under construction. TISCO is the primary sponsor of the project, supported by customers, executives, employees, and the public who are passionate about this cause. The project also receives construction materials and support from partners and allies, including TPI Polene Pcl., Lighting & Equipment Pcl., Technology Systems Development Co., Ltd., Oran Vanich Co., Ltd., and Jorakay Corporation Co., Ltd. The projects that have been completed and delivered in 2024 are as follows:

TISCO Ruam Jai 11

The two-story, earthquake-resistant school building with 5 classrooms at Ban Klong Kam School in Krabi Province took over 3 years to construct. The project encountered challenges due to its location on an island in the middle of the Krabi River estuary, which complicated the transportation of building materials. TISCO volunteers collaborated closely with the school and the local community to ensure that the project would maximize benefits for the children, the school, and the community. What makes this project special is the inclusion of graffiti art on the building walls, designed to inspire students to pursue their dream jobs. This initiative aims to broaden students’ perspectives and help them realize that there are many challenging and interesting professions beyond what they may have previously known.

ทิสโก้ร่วมใจ 13

A two-story concrete school building with 8 classrooms at Wat Non Sadao School in Phichit Province is a small-scale opportunity-expanding school with significant potential for teaching. The original school building was in very poor condition, featuring damaged structures, decaying walls, and waterlogging, which made it unsafe for children. With the government’s policy of consolidating small schools in the area for the 2024 academic year, a project was initiated to construct a new building to accommodate more students. The construction was completed and delivered in April 2024.

Additionally, there is a current project titled “TISCO Ruam Jai 14,” which includes the construction of a new two-story building with 8 classrooms for Wat Lad Ya Sai School in Nakhon Pathom province. This school possesses significant educational potential; however, the original building was in very poor condition, featuring damaged structures and ultimately being ordered for demolition due to safety concerns. As a result, the remaining classrooms were insufficient to accommodate the increasing number of students. Construction commenced in June 2024 and is expected to be completed by March 2025, with an initial budget of 5,337,000 baht.

4. Support for Public Health & Other Causes

4.1 Support for Cancer Research & Innovative Therapies

TISCO recognizes that cancer can affect anyone, which is why we have established the Fighting Cancer Project. This initiative provides opportunities for cancer patients and supports research and the development of innovative cancer cures. Since 2015,

a portion of the proceeds from the sale of mutual fund products and health insurance products has been donated to the CU Cancer Immunotherapy Fund at Chulalongkorn University’s Faculty of Medicine and to the Thai Children Cancer Fund under the Royal Patronage of H.R.H. Princess Soamsawali Krom Muen Suddhanarinatha at Ramathibodi Hospital.

In 2024, a total of 1,404,800 Baht has been donated. Furthermore, in collaboration with like-minded partners, customers, and employees, we strive to enhance the quality of life for cancer patients after receiving treatments and help them live more confidently through three activities:

Cut & Care: Hair donation to create genuine wigs for the National Cancer Institute. We cover all costs and collaborates with our business partners, Kiki Beauty Space, to provide free haircuts for our volunteering employees. In 2023 and 2024, a total of 309 volunteers participated in the hair donation campaign, resulting in the creation of 69 wigs.
Weaving Love, Knitting Hats: Knitting activities organized by our volunteering employees aimed to spread happiness and smiles while also boosting the confidence of cancer patients experiencing hair loss after treatment. In 2023 and 2024, the project donated a total of 246 knitted hats.
Sewing Cup Sewing Heart: The activity involved sewing 200 fabric breast prostheses by our volunteer employees and delivering them to the National Cancer Institute. This initiative received support from Sabina Public Company Limited, the creator of the “Sewing Cup Sewing Heart” project, which provides materials and guidance on the proper sewing techniques for creating fabric breasts.

4.2 Support for Treatment of Heart Disease

Cardiovascular disease is among the leading causes of death worldwide. In Thailand, the Ministry of Public Health reported 70,000 deaths from cardiovascular disease in 2022—an average of 8 deaths per hour. Recognizing the severity and growing number of patients, TISCO emphasizes the importance of supporting medical research and innovation for treatment. In 2024, we donated 1,000,000 baht to the Cardiology Department at the Faculty of Medicine, Ramathibodi Hospital, to assist underprivileged patients in urgent need, purchase equipment, train healthcare professionals, and support medical research while fostering the development of treatments. These initiatives aim to enhance access to quality cardiac care, enabling Thai people to live healthier, happier lives.

4.3 Blood Donations

TISCO has collaborated with the Thai Red Cross Society to conduct quarterly blood donation events at our headquarters on North Sathorn Road and its branch at Pakin Building on Ratchadaphisek Road. Additionally, blood donation events have been held at various other branches to support our goal of donating at least 1,000,000 CC of blood each year. In 2024, our blood donation activities successfully collected 2,362,700 CC of donated blood through 22 events in Bangkok, Phuket, Trang, Surat Thani, Songkhla, Krabi, Surin, Nakhon Sawan, Ubon Ratchathani, Nakhon Ratchasima, Udon Thani, and Khon Kaen. The donated blood benefited a total of 17,553 patients.

4.4 Somwang Flood Relief

Due to the monsoon season and heavy rainfall, the northern region of Thailand experienced sudden flooding around mid-2024. In other regions, continuous heavy rains in the south also caused severe flooding toward the end of the year. These disasters affected countless communities, leaving many stranded in their homes without food or necessities. In response, our Somwang branch staff coordinated with local agencies to distribute survival kits containing food, drinking water, and essential items to those affected.

In addition, TISCO has conducted various other CSR activities in collaboration with its partners. For example, the Sem Pringpuangkeo Foundation, the Special Olympics Thailand Association, and the Rama IX Art Museum Foundation.

5. TISCO Foundation

Established as a non-profit organization in 1982, the TISCO Foundation has a mission to help and develop society while supporting our business operations. The missions cover three areas: scholarships for students, medical-benefit grants for impoverished and disabled patients, and occupational grants for cash-strapped people. Donations to the foundation mainly come from TISCO, including our executives, employees, and customers, as well as the public. Receipts issued by the TISCO Foundation are tax-deductible pursuant to the Finance Ministry’s Announcement No. 135.

Operating Results	1982-2023		2024
Operating Results	No. of Grants	Financial Amount	No. of Grants	Financial Amount
1. Scholarships	171,454	596,522,377.56	11,408	42,132,500.00
2. Medical-Benefit Grants	1,163	7,803,313.50	25	584,532.26
3. Occupational Grants	444	4,514,110.30	25	402,985.47
Total	173,061	608,839,801.36	11,458	43,120,017.73

TISCO has delivered value to society, including stakeholders, namely shareholders, employees, government agencies, private entities, and communities, through our business operations and other activities. For example, we paid dividends to shareholders, provided welfare to employees, developed our staff, and supported community development. Our distribution of economic value and wealth to stakeholders in 2024 can be summarized as follows.

Direct Economic Value Generated and Distributed	Amount (Million Baht)
Direct Economic Value Generated and Distributed	2022	2023	2024
(1) Direct economic value generated
Revenues	20,475.4	23,254.2	25
(2) Direct economic value distributed
Operating costs	2,181.8	2,562.7
Employee wages and benefits	6,103.7	6,383.6
Payments to providers of capital	7,467.1	9,459.4
Payments to government	2,455.4	3,095.0
Community Investment	44.9	41.6
Economic value retained	2,222.5	1,711.9