Banpu Recognized among Top 100 Best Emerging Market Performers in ESG

2021-10-12

Banpu Public Company Limited, a leading international versatile energy provider, has been recognized as one of the top 100 Best Emerging Market Performers in environmental, social and governance (ESG), according to a ranking by V.E, part of Moody’s ESG Solutions, a global leader in ESG assessments, data, research, benchmarks and analytics. This achievement reflects Banpu’s commitment and success in operating and growing as a sustainable business, as well as generating long-term value for all its stakeholders in 10 operating countries.

Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited revealed that “This recognition is another testament to Banpu's stance to deliver the Smarter Energy for Sustainability, together with creating added values for all stakeholders by adhering to ESG practices, which has been at the heart of Banpu's business operations for almost four decades. The results of the ranking indicate that Banpu achieves advanced performance in terms of its environmental strategy and biodiversity. For the corporate governance, Banpu is committed to conducting business with integrity and transparency, with clear policies and guidelines on anticorruption as well as internal audit and control systems that meets international standards. This ensures good corporate governance and operational control, while enabling the Company to continue delivering sustainable benefits and returns to our shareholders and all stakeholders.”

With strong dedication to achieve concrete goals aligned with ESG principles over the recent years, Banpu has continued to be nationally and internationally recognized as a leader in sustainability, namely, winning a Silver class in Asia’s Best SDG Reporting from Asia Sustainability Reporting Awards 2020 in June 2021, maintaining as a member of Dow Jones Sustainability Indices (DJSI) for the seventh year consecutively; receiving “Gold Class” award in Coal & Consumable Fuels sector from the SAM Sustainability Award 2021; as well as being rated A (on a scale of AAA-CCC) in the MSCI, ESG Ratings assessment in 2019.

The Top 100 Best Emerging Market Performers ranking by Moody’s ESG Solutions recognizes the best performing companies from the Emerging Markets universe containing 846 companies, from 36 sectors in 31 countries.It assesses companies’ ESG performance across over 330 indicators in six key domains, namely: Environment, Human Rights, Human Resources, Community Involvement, Business Behavior and Corporate Governance.