Bangchak Earns Top ESG and CGR Ratings
text size

Bangchak Earns Top ESG and CGR Ratings

Bangchak Corporation Public Company Limited receives a prestigious 'AAA' SET ESG Rating and an excellent '5-Star' CGR Rating, reaffirming its commitment to sustainability and corporate governance excellence.

Bangchak Corporation Public Company Limited has been awarded a "AAA" SET ESG Rating, the highest possible, in the Resources Group category, from the 2023 SET ESG Ratings. This recognition, granted by the Stock Exchange of Thailand, underscores the company's strong commitment to good corporate governance, its consideration for shareholders and stakeholders, and its steadfast dedication to promoting sustainability in business, society, and the environment. Since 2015, Bangchak has consistently appeared in the Thailand Sustainability Investment (THSI) index, a testament to its efforts in conducting sustainable business operations, which encompass environmental, social, and governance (ESG) principles, and contribute to the sustainable development of Thai society.

The "AAA" SET ESG Rating reaffirms Bangchak's leadership in ESG practices and reflects the company's successful implementation of sustainable strategies that encompass environmental, social, and governance aspects for the benefit of all stakeholders. Bangchak remains committed to conducting responsible business operations, balancing dynamic factors to achieve sustainable growth, in alignment with its corporate vision of "Crafting a Sustainable World with Evolving Greenovation."

Furthermore, Bangchak has been honoured with a 5-star Corporate Governance Report (CGR) rating of "Excellent" by the Thai Institute of Directors (IOD). Additionally, it has received the highest AGM Checklist - AGM Organizing Quality Assessment score, a perfect 100 points (5 medals), from the Thai Investors Association. Notably, Bangchak is among the select group of 60 listed companies out of 800 on the Stock Exchange of Thailand to achieve both a 5-star and 5-medal rating. These recognitions underscore Bangchak's unwavering commitment to responsible business operations and sustainable growth.

Do you like the content of this article?
COMMENT