Inclusion testifies to True Group’s commitment to growing sustainably as a leading digital tech company
S&P Global’s recently revealed Dow Jones Sustainability Indices (DJSI) 2022’s results revealed that True Group took the No.1 spot in the Emerging Market Telecom category for the fifth year in a row with the highest total score of 93 from 100.
The distinction reflects True Group’s outstanding cyber security management, privacy protection, customer relations management, human capital development, and human rights and innovation management. True Group’s status as a Dow Jones Sustainability Indices member is thus maintained into the sixth consecutive year.
This reflects the company’s position as a digital technology leader determined to sustainably and concretely operate its business. It also reflects recognition at international level, covering all relevant dimensions, including economic, social and environment development. All are aligned with the strategic 3H’s framework: Heart, Health, Home. True continues to strive for leadership in the digital tech space by creating long-term value to leverage quality of life and help drive Thailand’s sustainable growth.
Mr. Manat Manavutiveth, President (Co) of True Corporation Plc. said: “True Group is proud to once again be rated by S&P Global, a global financial information and transparent ratings provider, as worthy of inclusion in the Dow Jones Sustainability Indices (DJSI)for the 6th consecutive year. Moreover, it is a marvellous accomplishment to achieve the highest total score in the Emerging Markets Telecom category for five consecutive years. True Group is the first Thai telecommunication company to hold the top position in this regard, evidencing its determination in operating its businesses in alignment with sustainable development and international standards on the global stage. The key factors behind this success are responsible business conduct that is mindful of minimising its impacts on the environment and society based on a strong and transparent governance foundation. This includes emphasising the entire value chain and involving all stakeholders. True Group’s digital technology strengths develop innovations that serve consumer demand as effectively and efficiently as possible. True Group will forge ahead in conducting business according to its sustainability targets as it bolsters its status as a leading digital tech company creating long-term value for society, enhancing the life quality of Thai people, minimising inequality, and driving Thailand’s sustainable and united growth.”
Dr. Teerapon Tanomsakyut, Chief Innovation and Sustainability Officer of True Corporation Plc, said: "The DJSI 2022 announcement places True Group at the top with the highest total score of 93 out of 100 in the emerging market telecom category. This is thanks to the efforts and dedication of all True Group staff, supporting the company to achieve high scores in three evaluation criteria, namely, Environment, Social and Governance (ESG).Outstanding fields include cyber security management, privacy protection, customer relations management, human capital development, and human rights and innovation management. All these play significant roles in increasing True Group’s competitiveness and creating immunity whereby the business can continue to grow in challenging environments. Being recognised on the global sustainability stage cements True Group’s sustainability policy and business operation which is on track under the strategic 3H’s framework. This comprises: Heart – Commitment to Sustainable Business; Health – Commitment to Sustainable Society, and; Home – Commitment to Sustainable Environment, all consistent with good governance principles.”
Sustainable projects that True Group is driving under the 3H’s framework include:
· HEART – Emphasise cyber security and data privacy protection including a dedicated board-level committee.
· HEALTH – Responsible towards all stakeholders and develop True VWORLD platform to provide working and learning solutions for the digital era. The Company is one of the founders of CONNEXT ED Foundation dedicated to supporting Thai youth education. The Company has also developed MorDee application enabling fingertip access to medical professionals. Users can see a doctor online anytime, anywhere, have medicines delivered, and make insurance claims, all with one app.
· HOME – Progressively install solar energy at cell sites and exchanges and continue to reduce greenhouse gas consistent with sustainability targets in order to become a carbon neutral organisation within 2030 and achieve net zero within 2050.