Frasers Property Commercial (Thailand) Limited, or “FPCT”, one of the three core business groups of Frasers Property Thailand, stands out as a leader in the development and management of commercial projects in the heart of Bangkok, providing premier Grade A office buildings and mixed-use spaces. The company has announced its success as a model for creative spaces that inspire and enhance the quality of life for people in society, resulting in receiving the award for Best Corporate Social Impact Thailand 2023 from Cosmopolitan The Daily, a business publication and global trend analyst from the United Kingdom, which selects and evaluates leading companies worldwide that excel in business operations and sustainable practices across all dimensions.

Mr. Witthawat Kuttatep, Senior Vice President of Commercial Project Division at Frasers Property Commercial (Thailand) stated the organization's philosophy as a leader in office building business: “Our office buildings prioritize the needs of tenants and users as the core focus. We convey our care throughout the design, development, and service processes to ensure the buildings are utilized effectively according to international standards, while continuously emphasizing environmental development. We aim to be a model of modern office business that meets customer needs alongside sustainable development.”

Ms. Theeranun Kornsritipa, Vice President of Retail Business Development at Frasers Property Commercial (Thailand) added, “In addition to environmental aspects, the company also emphasizes social dimensions. In the retail business development division, we integrate the concept of Placemaking, or delivering creative spaces that support the growth of surrounding communities, utilizing retail and multifunctional areas of shopping centers to benefit society. We have participated in various public benefit activities, including promoting equality and enhancing learning opportunities.”

Receiving the Best Corporate Social Impact Thailand 2023 award reflects the success of our commitment to operations that prioritize three areas: social, environmental, and good governance (ESG) through the concept of “3Cs to Progressive Change,” or the goal of creating three transformative changes. The outstanding achievements of Frasers Property Commercial (Thailand) include:

Cultivating Societal Betterment: Driving a Friendly Community and Creative Society

Samyan Mitrtown features a co-learning space ‘C asean Samyan CO-OP’ spanning over 1,400 square meters, provided free of charge, allowing students and the general public to use the space for learning, working, or self-development, increasing access to quality multifunctional areas. Over 120,000 people have registered to use the space, with an average of 50,000 users per month.

In terms of social assistance, Samyan Mitrtown has allocated space for the project “Mit Giving Blood, Giving Life”, collecting blood donations for the Thai Red Cross, which has been organized 12 times, collecting over 4 million cc of blood. During the COVID-19 pandemic, which had widespread impacts, the project “Mit Sharing” was initiated, utilizing the building's space as a hub to collect food from partner stores to distribute to affected communities, helping to reduce living costs.

Additionally, FPCT recognizes and values individual differences by supporting equality and diversity through organizing campaigns for equality at both organizational and societal levels, including International Women’s Day and Pride Month. In terms of employee care, the company has upgraded employee leave rights to accommodate equal marriage and gender reassignment surgery needs.

Crafting a Greener Future: Collaborating for Positive Environmental Change

The company’s operations align with the policies of Frasers Property Thailand, aiming to achieve net-zero carbon emissions by 2050 while minimizing environmental impact to preserve the environment in all dimensions, including designing buildings to international standards, increasing green spaces within buildings, and creating renewable energy systems. All new commercial buildings developed by the company, including Park Venture, FYI Center, Sathorn Square, and Samyan Mitrtown, have received LEED (Leadership in Energy & Environmental Design) certification, achieving both Gold and Platinum levels, the highest standards of green buildings.

Championing Resilience through Sound Governance: Strong Business Growth Based on Good Governance

Operating under governance principles is at the heart of management and operations of the Frasers Property Group in Thailand, with strict adherence to good governance policies and fair treatment of all stakeholders. As a model for inspirational office-retail spaces that create social value, Frasers Property Commercial (Thailand) is committed to conducting business to deliver positive experiences for everyone while caring for society and the environment according to ESG principles, driving the organization and society towards sustainable growth together.