Environmental, Social, and Governance (ESG) represents a long-term commitment that significantly contributes to a company's overall success and sustainability.
Companies actively engage in reporting their ESG commitments and progress, demonstrating transparency and accountability to their stakeholders and the general public rank well in the stock exchange. Communicating ESG programs is essential for building trust and fostering stronger relationships with investors, customers, employees, and the community.
2. 1. THSI: what is it?
2. Benefits for companies with a
robust ESG
3. Best practice company AIS
4. Best practice company THAICOM
5. Best practice company SYNNEX
3. ● THSI stands for "Thailand Sustainability Investment."
It's a list of companies in Thailand that excel in
environmental, social, and governance (ESG) practices.
THSI is a significant initiative that promotes
responsible and sustainable business conduct.
● THSI encourages sustainable business practices,
attracts responsible investments, and enhances the
reputation of ESG-committed companies.
● Companies are evaluated based on their ESG
performance, including sustainability, social impact,
and governance.
● Outstanding companies with a strong ESG programs
receive the annual THSI award
THSI: what is it?
4. Benefits of companies with a robust ESG
● Financial Performance: ESG-driven companies tend to perform
better financially, reducing costs and increasing opportunities.
● Attract Responsible Investors: Ethical investors are drawn to ESG-
focused companies, leading to increased investment and a stable
shareholder base.
● Enhanced Reputation: ESG practices build a positive public image
and boost brand reputation, fostering trust and loyalty from
employees, stake holders and customers.
● Reduced Legal Risks: ESG adherence helps navigate regulations,
minimizing legal challenges and fines.
● Positive Impact: ESG-focused companies make a real difference in
society and the environment, addressing global challenges and
promoting positive change.
5. Best practice company: AIS
Environment:
● Achieved a 50% reduction in greenhouse gas emissions since 2012.
● Invested in renewable energy, with over 20% of electricity sourced from
renewables.
● Implemented initiatives to reduce waste and water consumption.
Social:
● Provided digital literacy training to over 5 million people in Thailand.
● Launched programs to promote social inclusion, diversity, and support
education and healthcare initiatives.
Governance:
● Maintains a strong commitment to transparency and accountability.
● Employs an independent board of directors and a comprehensive
corporate governance framework.
● Actively endorses the UN Global Compact and the UN Sustainable
Development Goals
6. Economics:
● Thaicom aligns with national and international sustainability goals,
identifying issues through data analysis, trends, and business
direction.
● Thaicom emphasizes risk management for sustainability. They
maintain a code of conduct, an Ethics Hotline, and tackle corruption
while addressing supply chain responsibility.
Social:
● Thaicom promotes human rights and CSR, with a focus on
education, community development, and employee volunteerism for
sustainability.
Environment:
● Thaicom prioritizes eco-friendly practices, actively conserves energy,
and works to reduce the environmental impact of its operations.
Best practice company: THAICOM
7. Best practice company: SYNNEX
Environmental:
● Reduced CO2 emissions by saving 778,000 sheets of paper in 2021.
● Enhanced recycling efforts with over 82,000 bins and a 23.9% growth
in professional recycling.
Social:
● Achieved 47% gender diversity among assistant managers and above
in 2021.
● Provided interest-free loans exceeding THB 332 million, supporting
over 80 colleagues during the pandemic.
Economic:
● Doubled net income after tax to THB 14.4 billion. in 2021.
● The Management Service Platform (MSP) achieved a 4.8 average
satisfaction score in 2021, enhancing customer service.
8. Conclusion
● Environmental, Social, and Governance (ESG) represents a
long-term commitment that significantly contributes to a
company's overall success and sustainability.
● Companies often emphasize one specific aspect of ESG more
prominently than others, based on their unique business
mission, values, and objectives. For example, businesses with
significant carbon emissions may prioritize environmental
initiatives within their ESG framework.
● Companies actively engage in reporting their ESG
commitments and progress, demonstrating transparency,
accountability to their stakeholders and the general public rank
well in the stock exchange. This communication is essential for
building trust and fostering stronger relationships with
investors, customers, employees, and the community large.
9. If we can be of service, please contact us
BrandNow.Asia Team
+662 105 4217
Brandnow@brandnow.asia
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