On November 21, 2023, Thai Oil Public Company Limited, led by Mr. Bandhit Thamprajamchit, Chief Executive Officer and President, received the Sustainability Awards of Honor for the sixth consecutive year from Dr. Prasarn Trairatvorakul, Chairman of The Stock Exchange of Thailand, during the SET Awards 2023 ceremony held at the Sungwien Intrawichai Auditorium in the Stock Exchange of Thailand building.
The Sustainability Excellence Award is a prestigious recognition within the Thai capital market, presented to registered companies demonstrating outstanding and sustainable business practices in environmental, social, and governance (ESG) dimensions. This award serves as a benchmark for other registered companies, encouraging them to integrate efficient and sustainable business practices. The Sustainability Awards of Honor is the highest level of recognition, and Thaioil has received this award for the sixth consecutive year. The Stock Exchange of Thailand grants this award to companies that maintain exceptional sustainability standards for three consecutive years or more, known as the Best Sustainability Awards.
In addition to corporate recognition, Mrs. Wanida Boonpiraks, Executive Vice President-Finance and Accounting, was also honoured with the Business Excellence Award (Deal of the Year Award) at the SET Awards 2023. This award was bestowed for the successful equity offering transaction amounting to THB 10 billion in 2022. The Stock Exchange of Thailand presents the Business Excellence Award to financial advisory firms and organisations involved in outstanding financial transactions (Deals) that have made a substantial impact on the market.
Furthermore, Thaioil achieved the highest evaluation rating of AAA in the SET ESG Rating for the year 2023 in the resource industry category, organised by the Stock Exchange of Thailand (SET) for the first time (the SET ESG Ratings were developed based on the previous assessment known as “THSI,” with the Company being listed as a sustainable stock since 2015). This recognition reflects Thaioil’s unwavering commitment to fostering sustainable business growth in alignment with Environmental, Social, and Governance (ESG) principles. Additionally, Thaioil demonstrates a strong sense of responsibility to the community and society while also maintaining comprehensive environmental management, all under the guidance of good corporate governance. Furthermore, Thaioil remains committed to innovating and developing new solutions to enhance the quality of life and create shared value for all stakeholders.