EGCO Group Ranks “ESG100:2019” List for 5th Year in a Row
Electricity Generating Public Company Limited or EGCO Group has been assessed and selected from the Resources sector to be included in the “ESG100:2019” list for the 5th consecutive year as a listed company with outstanding performance in terms of Environmental, Social and Governance (ESG) efforts. Thaipat Institute’s assessment was based on SET-listed companies’ sustainability database of 771 securities including property funds, real estate investment trusts (REITs) and infrastructure funds.
In compiling the ESG100: 2019 list, Thaipat Institute considered both ESG and operating performance by using a rating model developed from the guiding principles of the Global Initiative for Sustainability Ratings (GISR). This assessment based on public documents in the annual registration statement (Form 56-1), including the annual report, sustainability report and sustainable development database, based on over 14,278 publicly-available data points from six data sources.
According to EGCO Group, being among 100 listed companies in ESG100:2019 list for the fifth year in a row reflects the fact that the Company have not only generated good economic returns, but also have been focusing more on operating in accordance with environmental, social and governance (ESG) aspects to contribute to sustainable growth.
This information will in turn build up stakeholders, shareholders and investors’ confidence and is also useful for long-term investors who prefer socially responsible investments.