Sansiri Achieves Highest SET ESG Ratings of AAA and Maintains Sustainable Stock Status for 5 Consecutive Years
Sansiri Public Company Limited (SIRI), a leader in the Thai real estate sector, has consistently succeeded in ESG efforts, recently achieving the highest rating in the SET ESG Ratings for 2024 at AAA. This rating was assessed and ranked by the Stock Exchange of Thailand, marking Sansiri's inclusion in the sustainable stock list for five consecutive years. This reflects Sansiri's serious and continuous commitment to ESG, emphasizing the importance of environmental, social, and governance factors while maintaining steady growth in performance and delivering maximum returns to shareholders. The company is also poised to contribute to sustainable development for society and the nation.
This highest score serves as a testament to Sansiri's genuine intention to build a business that is socially and environmentally responsible. Importantly, the sustainable stock assessment or SET ESG Ratings is a crucial tool that helps investors, analysts, and fund managers analyze risks and growth opportunities in businesses. As environmental, social, and governance (ESG) factors increasingly impact competitive capabilities and growth potential, it is anticipated that more funds with ESG investment policies will emerge in the future.
Sansiri's ESG initiatives encompass several key areas, including:
Environmental - Sansiri is the first real estate company in Thailand to set a goal of achieving net-zero greenhouse gas emissions by 2050. The company focuses on sustainable project development under the concept of Sansiri Green Living Design, which involves designing and selecting environmentally friendly materials, reducing energy consumption, and using resources efficiently while promoting biodiversity.
Social - We prioritize four main stakeholder groups: society, employees, customers, and shareholders. We respect human rights and promote equality, including implementing the No One Left Behind initiative to reduce inequality, ensuring that everyone can enjoy a good quality of life and safety.
Governance - We manage our supply chain sustainably through the Green Supply Chain model, collaborating with partners to select products with minimal environmental impact and encouraging them to develop environmentally friendly materials to support sustainable housing development. This commitment has been recognized with a Highly Commended award for supply chain management from the Stock Exchange of Thailand. Additionally, Sansiri promotes innovation to meet customer needs and adapt to global trends while conducting business transparently in accordance with governance principles.
