Frasers Property (Thailand) Public Company Limited (FPT), the first comprehensive real estate service provider in Thailand, reaffirms its potential to integrate sustainability concepts into its business operations. The company is well-prepared to address emerging risks and has clear operational guidelines to manage various issues, aligning with business opportunities and global trends. Recently, it received recognition and certification for three standards, demonstrating its success in business development focused on Environmental, Social, and Governance (ESG) principles for the third consecutive year.

Key ESG achievements in 2022 include:

  • Being selected as one of the sustainable stocks (THSI) of companies listed on the Stock Exchange of Thailand.
  • Receiving a 5-star “Excellent” Corporate Governance (CG Rating) from the Thai Institute of Directors (IOD), supported by the Stock Exchange of Thailand.
  • Achieving an A rating for sustainability disclosure in the Southeast Asia Diversified Business category according to GRESB (Global Real Estate Sustainability Benchmark), an international measurement standard.

Mr. Thanapol Sirithanachai, CEO of Frasers Property (Thailand) Public Company Limited (FPT), stated, “As a leader in the real estate sector, FPT has consistently developed its business in line with ESG principles at all levels, from upstream to downstream, while also caring for the community and environment in the areas where we operate to enhance the quality of life. We aim for a sustainable future and are committed to strong growth by driving our business across all dimensions with a focus on environmental, social, and governance aspects, while maintaining operational standards to build confidence among shareholders and investors.”

Being selected as one of the sustainable stocks (Thailand Sustainability Investment or THSI) reflects the company's significant progress in disclosing environmental and social information, such as environmental management policies, targets, performance data, and operations concerning employees and communities.

The company also prioritizes climate management, assessing and managing risks while participating in greenhouse gas reduction efforts.

On an international level, the company has been evaluated and ranked for sustainability by GRESB, achieving an A rating for sustainability disclosure, which is above the global average and among its industry peers participating in the assessment. It ranked second in Southeast Asia for the Real Estate Company – Other category. Additionally, it received the GRESB Green Star for completed and ongoing projects (Standing Investments) and development projects, demonstrating effective integration of sustainability principles into its business operations.

Furthermore, FPT received a 5-star “Excellent” rating for corporate governance from the Thai Institute of Directors (IOD), supported by the Stock Exchange of Thailand, for the year 2022, which is the highest level of assessment from the stock exchange.