Banpu Wins Third Consecutive Dow Jones Sustainability Indices (DJSI) Membership
Banpu Public Company Limited, one of Asia’s leading energy companies, has been selected as a member of Dow Jones Sustainability Indices (DSJI) in collaboration with RobecoSAM, the international standard for sustainability indices, for Emerging Markets 2016 in the Energy Sector. This is the third consecutive year Banpu has secured a high ranking, confirming the company’s commitment to true business sustainability. In addition, the Company also acquired the highest score in Coal and Consumable Fuels Sector as one of five Thai companies in the energy sector to achieve listing.
“It is a great honor to have achieve a listing on the Dow Jones Sustainability Indices, not only once, but for the third consecutive time. The inclusion reflects our team’s strong commitment to chart a strong course of sustainable and balanced growth,” said Ms. Somruedee Chaimongkol, CEO of Banpu Public Company Limited.
According to the DJSI 2016 report, Banpu was selected based on an assessment of the Company’s exemplary economic, social and environmental contributions to the Energy Sector in response to the company’s strategy to attain stable and viable growth in the region.
“For Banpu, sustainability and balanced growth means long-term existence substantiated in our three key pillars including: business performance, people and corporate culture in response to new business challenges. Banpu believes that professional, adaptability, creativity, flexibility and mobility are all fundamental to sustainable growth, striving for the goal to be a leading regional player in the energy industry. These factors allow for this honorable selection,” Ms. Chaimongkol said.
“We are determined to be a good citizen in every country where we operate. At the beginning of each new business project, we conduct in-depth studies of the community, social and environmental impacts of our business and develop a plan for the communities to grow and prosper along with us. In our new long term strategic plan, we highlight maintaining principles of balanced and sustainable growth from upstream, midstream to downstream. Also the company will escalate the investment and development potential of several renewable energies along with conventional energies to support the company’s strategic and sustainable expansion plan,” Ms. Chaimongkol added.
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Banpu Public Company Limited is a pioneering Asian energy company, with power, coal and renewable energy businesses in nine countries; Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Singapore, Japan and the United States of America. As of 30 June 2016, Banpu’s assets totaled USD 6,870 million (approximately THB 241,717 million) while total liabilities were USD 4,642 million (approximately THB 163,316 million).
The Dow Jones Sustainability Indices were launched in 1999 as the first global sustainability benchmarks. The indices are offered cooperatively by RobecoSAM and S&P Dow Jones Indices. The family tracks the stock performance of the world’s leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices.