Frasers Property Thailand recognized for its strong sustainability achievements for the second consecutive year

Tuesday 26 October 2021 16:47
Frasers Property (Thailand) Public Company Limited or "FPT", a leading integrated real estate platform in Thailand, announces its sustainability achievements, operating under the Environmental, Social, Governance (ESG) compliance in 2021. It has been accorded the following accolades:
Frasers Property Thailand recognized for its strong sustainability achievements for the second consecutive year
  • Being included in the Thailand Sustainability Investment (THSI) 2021
  • The 5-star "Excellent" rating from the Thai Institute of Directors (IOD) for the year 2021 on the Corporate Governance of Listed Companies survey
  • The "A" rating for public disclosure, and Green Star recognition for its standing investments and development projects by Global Real Estate Sustainability Benchmark (GRESB)

Mr. Thanapol Sirithanachai, Country Chief Executive Officer of Frasers Property Thailand, said: "Sustainability is at the cornerstone of our business strategies and practices as we continue to strengthen FPT's position as one of Thailand's leading real estate developers through our integrated residential, industrial and commercial platform. This is the second consecutive year we have been recognized both globally and locally for our strong efforts in pursuing ESG initiatives. As we grow from strength to strength, we will continue to create inspiring experiences and places for good by partnering with our stakeholders in delivering sustainable impact."

By virtue of its excellent performance in corporate governance, environmental and social responsibility, Frasers Property Thailand was included in the Stock Exchange of Thailand's list of Thailand Sustainability Investment (THSI) for the year 2021. Furthermore, among the companies listed in the Stock Exchange of Thailand (SET), FPT was rated 5-Star (Excellence) based on the survey results on corporate governance of Thai-listed companies by the Securities and Exchange Commission (SEC), the Thai Institute of Directors Association (IOD) and the SET.

At the global level, the Company received an "A" rating for public disclosure, and Green Star recognition for standing investments and development projects. The Green Star designation is awarded to participants which demonstrate an integrated approach on ESG issues.

To drive its businesses towards consistently good ESG performance and meeting Frasers Property Group's target to be a net-zero carbon corporation by 2050, FPT will proactively embark on initiatives to reduce greenhouse gas emissions and energy consumption as well as adopt innovation to thrive sustainably.

Source: Frasers Property (Thailand)