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TPBI Listed on "ESG Emerging List 2024" as a sustainable company worth investing in

TPBI ESG Emerging 2024 EN

TPBI Listed on "ESG Emerging List 2024" as a sustainable company worth investing in

TPBI Public Company Limited (TPBI) is proud to be selected for inclusion in the "ESG Emerging List", a list of securities in the ESG100 universe for the year 2024. The list is compiled by Thaipat Institute, a leading developer of business sustainability data in Thailand and the compiler of the ESG100 group of securities since 2015.

The criteria for selecting securities for inclusion in the ESG100 group include:

  • The company must have made a profit for the past two consecutive fiscal years.
  • The company, its board of directors, or its senior management must not have been penalized or reprimanded by the Securities and Exchange Commission (SEC) in the evaluation year.
  • The company's free float must meet the requirements of the Stock Exchange of Thailand.

The criteria for selecting securities for inclusion in the ESG Emerging group, which is a group of securities that are attractive for investment and have the potential to generate income from ESG, include:

  • Disclosure of ESG performance data in the evaluation year.
  • Improvement and development of the core business or business processes to be more environmentally friendly, socially responsible, and governed (ESG) in addition to what was previously done in the evaluation year.
  • ESG initiatives or ongoing initiatives that have a direct impact on the company's revenue growth or cost savings and that continue from the current evaluation year.

TPBI met the criteria for both sets of evaluations. In addition, when considering the business information reported to the SET and the sustainability scorecard from IOD in the past, it reinforces the company's business operations under the concept of "Think Circular, Think Sustainable", which focuses on sustainable growth alongside environmental and social responsibility and good governance.