07/29/2020 | Press release | Distributed by Public on 07/28/2020 22:18
21 July 2020 - Banpu Public Company Limited is reinforcing its leading position as a global sustainable organization by becoming a member of FTSE4Good Index Series including FTSE4Good Emerging Index and FTSE4Good ASEAN 5 Index. Certified by FTSE Russell, a global provider of benchmarks, analytics, and data solutions, Banpu received an outstanding rating for its efforts in 'Environment' and 'Biodiversity'. The certification emphasizes Banpu's commitment in adhering to doing business under ESG principles and confirming its leadership in sustainability on an international level.
Mr. David Harris, Group Head of Sustainable Business at FTSE Russell & London Stock Exchange Group, said 'FTSE Russell is pleased to welcome Banpu as a constituent of the FTSE4Good Index Series that includes FTSE4Good Emerging Index and FTSE4Good ASEAN 5 Index. The indexes are sustainability indexes recognized around the world. They assessed organizations' potential in Environmental, Social and Governance (ESG) aspects. This clearly reflects the Company's endeavors towards the goals.'
Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited, said 'We are delighted and proud to be listed as a member of two of the FTSE Index Series at the same time. It is a testament to Banpu's commitment and determination in doing business aligning to ESG principles. In addition, Banpu was highly rated in environment and biodiversity. This is a result of our commitment to achieving excellence in everything we do, particularly energy sustainability where the focus areas encompass affordability, reliability and eco-friendliness. Banpu firmly believes that an industry will be strong only when it is developed in tandem with social and environmental responsibility. This is in line with ESG principles where the aim is also to create a net positive impact on the ecosystem while driving business growth together with the well-being of our society. To operate business with transparency, ethics, and fairness is what enables us to thrive sustainably. We dedicate ourselves to delivering long-term rewards to our stakeholders, maintaining business growth, and truly taking care of our society and environment.'
Apart from the FTSE Index Series, Banpu has received a number of local and international awards and recognitions that guarantee the Company's commitment towards sustainability. Banpu was rated a higher level of trustworthiness by MSCI ESG Ratings to A level and has been recognized in Thailand Sustainability Investment (THSI). Banpu has also received Sustainability Awards of Honor in Sustainability Excellence for three consecutive years at SET Awards as well as receiving Sustainable Development Excellence Award. The Company was selected for six consecutive years as a member of the Dow Jones Sustainability Indices (DJSI) - Emerging Markets. Moreover, Banpu was the only leading organization in energy industry in Thailand to be invited to join the UN Global Impact Leaders Summit 2020 which has been conducted as a virtual global conference for the first time this year.
About FTSE Russell
FTSE Russell is a global provider of benchmarks, analytics, and data solutions with multi-asset capabilities. FTSE Russell provides domestic index and work alongside more than 20 stock exchanges around the world. The FTSE4Good Emerging Index is designed to measure the performance of companies in emerging markets. Its criteria development is overseen by the independent FTSE Russell ESG Advisory committee. As for FTSE4Good ASEAN 5 Index, its constituents are selected and screened in accordance with transparent and defined Environmental, Social and Governance (ESG) criteria. The index has been designed to identify companies with recognized corporate responsibility practices, listed on the leading ASEAN financial markets. Indexes designed by FTSE Russell are used extensively by institutional and retail investors globally with aims for investment strategy analysis, turnover assessment, asset allocation, and risk management, as well as creating index reference fund.
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Banpu Public Company Limited is a leading integrated energy solutions company with 3 core groups of businesses: energy resources, energy generation and energy technology in 10 countries - Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Singapore, Japan, the United States of America and Vietnam.
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