EGCO Group achieves “AA” level in SET ESG Ratings 2024 and secures investors’ confidence in sustainable operations

News Update

EGCO Group achieves “AA” level in SET ESG Ratings 2024 and secures investors’ confidence in sustainable operations

23 December 2024

Electricity Generating Public Company Limited or EGCO Group has received an “AA” rating in the SET ESG Ratings 2024 – Resources from the Stock Exchange of Thailand. The company has maintained its position on the SET ESG list for the 10th consecutive year, reflecting strong investor confidence in its commitment to sustainability and its ability to integrate sustainable practices across all business operations in alignment with the United Nations’ Sustainable Development Goals (SDGs). EGCO Group remains dedicated to driving business growth that supports the energy transition period and the company’s low-carbon organization targets.

Dr. Jiraporn Sirikum, EGCO Group’s President, stated, “For over 32 years, EGCO Group has operated electricity generation and energy-related business with a strong commitment to sustainability. We have embraced good governance, transparency, and accountability, while remaining dedicated to becoming a responsible corporate citizen through our contributions to the environment, society, and surrounding communities. The Environmental, Social, and Governance (ESG) concept is comprehensively embedded in our business operations, especially in the areas we operated business, aligning with the UNs’ SDGs. By maintaining our position as a member of SET ESG list for 10 years in a row, we demonstrate to all stakeholders that we highly value sustainable operations and management. We aim to continually improve our sustainability standards to remain aligned with international best practices. This commitment not only builds confidence and creates long-term value for our investors and shareholders but also generates a positive impact on society and the environment as we pursue our low-carbon goals.” 

The SET ESG Ratings, developed from the THSI (Thailand Sustainability Investment) Index, to which EGCO Group was a member for nine years in a row, was updated in 2023 to align with new investment trends that prioritize sustainable growth. This adjustment serves investors seeking more comprehensive ESG information to support their decision-making.