Sansiri and SCB Lead Real Estate Shift to Paperless Finance
Sansiri has joined forces with Siam Commercial Bank (SCB) to elevate their strategic partnership and drive a paperless financial ecosystem, in line with their shared Net Zero goals. Together, they are rolling out a roadmap powered by SCB Digital Workflow technology, positioning Sansiri as a model paperless organization. The initiative aims to set a new benchmark for Thailand’s real estate industry, targeting 70% paperless operations by 2035, moving towards a near fully paperless organization that supports Thailand’s transition to a sustainable green economy.
Mr. Apichart Chutrakul, Chairman of Sansiri Public Company Limited, stated, “Achieving Net Zero has always been a core mission for Sansiri. This collaboration with SCB marks a pivotal step in transforming our organizational culture into a true paperless organization. Reducing paper is not just about changing workflows – it’s about our serious commitment to environmental responsibility. We have set a clear and ambitious roadmap: reducing paper consumption by 50% within 2026 and accelerating toward 70% by 2035 to become a near fully paperless organization. By integrating SIRI SmartSign system with SCB Digital Workflow, each step of this digital transformation will deliver tangible results, including reducing greenhouse gas emissions by over 3,131.6 kgCO₂e per year – equivalent to planting more than 150 large trees. This reinforces our position as a next-generation real estate leader growing alongside global sustainability.”
Mr. Uthai Uthaisangsuk, President of Sansiri Public Company Limited, added, “In today’s digital-driven world, speed and efficiency are vital. Transforming into a paperless organization not only enhances agility, eliminates redundant processes, and meets the modern lifestyle needs of employees and customers, but also strengthens governance by ensuring transparency and accuracy. It eliminates risks of lost documents, reduces costs, and saves energy wasted on document delivery. This transition is not just about reducing paper consumption – it’s about elevating Sansiri’s competitiveness to be more advanced and sustainable in every dimension.”
Sansiri appreciates SCB as a trusted partner for its continuous support. SCB’s expertise and innovations, particularly SCB Digital Workflow, are key accelerators enabling Sansiri to execute this plan effectively. This transformation is not merely about paper reduction – it is about enhancing Sansiri’s competitive edge sustainably across all aspects.
Mr. Arthid Nanthawithaya, Chief Executive Officer of SCB X Public Company Limited, said, “SCBX Group views sustainability as a mission that requires collective effort, driven systematically with technology as a key enabler to strengthen Thailand’s economy. This collaboration between SCB and Sansiri underscores our role in developing innovations that bridge the financial and real estate sectors, while pioneering new business models that integrate digital efficiency with environmental sustainability. Reducing resource consumption through digital processes not only enhances organizational efficiency but also reinforces Thailand’s competitiveness and advances the transition toward a low-carbon economy. The SCBX Group remains committed to supporting Thai businesses in their transformation, growth, and delivery of meaningful environmental impact.”
Mr. Sarut Ruttanaporn, Chief Executive Officer of Siam Commercial Bank, added that SCB and Sansiri have maintained strong collaboration over the years. This latest initiative elevates our strategic partnership in sustainability, fostering an eco-conscious corporate culture by replacing traditional paper processes with SCB Digital Workflow. It also lays the foundation for a paperless finance ecosystem in the future. This collaboration sets a new standard for transparent, efficient, and socially responsible business practices, while also enabling the development of new digital products and services to better serve all customer segments.
“SCB is committed to ensuring transparency and measurable outcomes in reducing paper consumption, cutting greenhouse gas emissions, and enhancing business growth capabilities. This year, we will pilot Digital LG and Digital Signature solutions, targeting a 50% transition from paper to digital documents with Sansiri, increasing to 70% by 2035,” said Mr. Ruttanaporn.
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