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Search Result for “Sustainability ratings”

Showing 1 - 10 of 116

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OPINION

Sustainability ratings just a gimmick?

Oped, Published on 24/04/2024

» Amid mounting criticism of business operations' environmental and social impacts, businesses are proudly showcasing their sustainability ratings and awards to demonstrate their commitment to sustainable development. Yet, do these accolades credibly reflect such commitment, or are they just a public relations tool?

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OPINION

More affordable climate finance

Oped, Published on 14/03/2024

» Emerging-market and developing economies (EMDEs) will need an estimated US$2.4 trillion (86 trillion baht) in climate investment annually to meet climate goals, according to the Independent High-Level Expert Group on Climate Finance, with $1 trillion coming from external sources. Achieving the United Nations Sustainable Development Goals (SDGs) will require even more financing: an increase of $3.5 trillion in new investments annually by 2030. These are daunting figures. But they are also non-negotiable.

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GENERAL

CKPower reports a 2023 revenue of B10.94bn

Post Reporters, Published on 21/02/2024

» The company projects its performance to continue its upward trajectory, influenced by seasonal factors, and plans to increase renewables-based capacity in pursuit of CKP Net Zero Emissions 2050.

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THAILAND

Thaioil Tops S&P Global Sustainability Rankings Again

Published on 08/02/2024

» Recently, Thaioil received the highest ranking in the "Top 1% S&P Global Corporate Sustainability Assessment Score 2023," marking the ninth year at the highest level in the Oil and Gas Refining and Marketing Industry from the S&P Global Sustainability Yearbook 2024. Mr. Bandhit Thamprajamchit, Chief Executive Officer and President of Thai Oil Public Company Limited, disclosed that, “Thaioil has been assessed at the 'Top 1% S&P Global Corporate Sustainability Assessment Score 2023,' marking the ninth year at the highest level in the Oil and Gas Refining and Marketing Industry, according to the S&P Global Sustainability Yearbook 2024 by S&P Global, a leading provider of global financial information and credit ratings.”

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GENERAL

Flood risk reduction urgent

Business, Published on 10/01/2024

» Several countries in the Asia-Pacific region are highly exposed to physical risks from climate change, while their capacity for adaptation is limited, particularly those with lower GDP per person, weaker governance and infrastructure preparedness.

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GENERAL

What's in store for 2024

Business, Published on 30/12/2023

» From the planned licensing of virtual banks to the continued rise of lifestyle-related businesses, this is what consumers can expect in 2024.

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OPINION

ESG: Time for action not words

Oped, Published on 28/12/2023

» Not a week goes by without an ESG meeting, a CEO summit, a sustainability expo. This flurry of events highlights how much the business context has changed in the last decade and is set to change further in the coming years as stakeholders bring their growing influence to bear. Consumers, employees, and other economic actors, especially millennials, are becoming more environmentally and socially conscious. Not only are they increasingly holding companies to account for their performance on various socioeconomic issues, but they are also voicing their expectations for companies to contribute to solving the most complex challenges of our time in view of supporting the achievement of the Sustainable Development Goals (SDGs).

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OPINION

Credit ratings and climate chaos

Oped, Published on 13/12/2023

» The sun-drenched coral islands and reefs of the Maldives are in existential danger. With 80% of the country's population living just one metre above sea level, many islands could become uninhabitable as climate change causes the ocean's level to rise. By the end of this century, half a million people could be displaced. The Maldives is confronting this threat with a range of innovative adaptation initiatives, from restoring coral reefs to floating solar-power systems. But survival does not come cheap.

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GENERAL

AWC Earns DJSI Membership and Secures Top Rank in S&P Global Assessment

Published on 12/12/2023

» Asset World Corp Public Company Limited (AWC), Thailand’s leading integrated lifestyle real estate group, has achieved a significant milestone by becoming a member of the Dow Jones Sustainability Indices (DJSI) Emerging Markets for the first time. This achievement coincides with AWC securing the top rank in the Hotels, Resorts & Cruise Lines Industry according to the S&P Global Assessment.

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INVESTMENT

Thailand ESG funds target B10bn investment this month

Business, Nareerat Wiriyapong, Published on 09/12/2023

» Sixteen local asset management companies launched 22 Thailand ESG (TESG) funds yesterday, with the authorities and brokerages estimating the tax-saving long-term funds could attract roughly 10 billion baht in investment this month.