Sena Development Receives SET ESG Ratings 2024 Assessment with BBB Level, Reinforcing Commitment to Sustainable Business Practices
Sena Development Public Company Limited, or SENA, a real estate project developer and the first developer of a fully solar village in Thailand, has been selected as one of the "Sustainable Stocks SET ESG Ratings" with a BBB level for the year 2024 in the real estate and construction sector by the Stock Exchange of Thailand (SET). This recognition underscores the company's success in developing quality housing while committing to sustainable business practices in accordance with international standards.

Assoc. Prof. Dr. Kesara Thanyalakphak (Dr. Yui), of Sena Development Public Company Limited, stated, "Being selected this time is another significant step that reflects Sena's intention and commitment to sustainably improving the quality of life, creating value for all stakeholders including partners, customers, employees, shareholders, communities, society, and the environment, alongside sustainable business growth under the concept of 'POWER OF TOGETHER - Uniting Forces... Creating Sustainable Lives Together.' We adhere to ESG principles, which encompass three areas: Environment, Social, and Governance. Implementing these principles not only enhances our business competitiveness but also provides stable and sustainable returns for long-term investors, aligning with the current global trend of sustainable investment that is gaining interest from investors worldwide."

This selection reflects the effectiveness of our operations based on ESG principles, which cover three key areas: Environment - Sena focuses on developing housing projects with consideration for environmental impact, such as through designs that promote clean energy use, waste management systems, and increasing green spaces within projects with CO2-absorbing plants. Social - We aim to create livable communities through quality housing development and projects that enhance quality of life, such as the 'Dream Path House' project, a sustainable CSR business model that uses profits from sales to support medical work and continuous social assistance. Additionally, we have the LivNex home-saving rental project, which is a financial innovation that helps Thais become homeowners more easily through rent-to-save options, reducing financial barriers and creating stability for Thai society sustainably. Governance - We adhere to governance principles by prioritizing transparency in business operations, accountable management, and considering the interests of all stakeholders, thereby building trust and confidence in sustainable business practices.

The SET ESG Ratings assessment is conducted by the Stock Exchange of Thailand, selecting from registered companies that voluntarily participate and achieve a score above 50% in environmental, social, and governance (ESG) criteria, along with meeting specified qualifications, such as having a corporate governance report quality assessment (CGR) from the Thai Institute of Directors (IOD) of 3 stars or higher, and having no history of being accused or convicted of ESG-related offenses. For the year 2024, a total of 228 companies met the criteria and received SET ESG Ratings, categorized as follows: 56 companies at AAA, 80 at AA, 71 at A, and 21 at BBB.