Mitihoon – Frasers Property (Thailand) Public Company Limited, or “FPT” has reaffirmed its sustainability leadership in Thailand’s real estate sector by attaining two prestigious Thai and international sustainability standards. The achievements reflect the company’s tangible progress and steadfast commitment to integrating ESG (Environmental, Social, and Governance) considerations into its business while continuously advancing its operations.
This year, FPT received the highest 5-Star “Excellent” rating for the sixth consecutive year in the Corporate Governance Report of Thai Listed Companies (CGR), conducted by the Thai Institute of Directors (IOD) with support from The Stock Exchange of Thailand (SET) and the Securities and Exchange Commission, Thailand (SEC). FPT’s recognition demonstrates its outstanding governance practices along four categories evaluated: Rights and Equitable Treatment of Shareholders, Role of Stakeholders and Business Sustainability, Disclosure and Transparency, and Board Responsibilities.
Concurrently, FPT participated in the GRESB Real Estate Assessment, a widely recognised international benchmark for evaluating and reporting the sustainability performance of the real estate sector. The company achieved the highest ‘A’ rating for sustainability disclosure and was awarded the GRESB Green Star in both the Standing Investments and Development Projects categories. The assessment criteria comprehensively cover both the management policy and the performance results in sustainability, including promoting the use of environmentally friendly construction materials, efficient natural resource management, risk management, building certification, and stakeholder engagement, among others.
FPT’s local and international recognition underscores the robust efforts of FPT as an integrated real estate platform to integrate ESG considerations while driving stable growth across its residential, industrial, and commercial businesses. Furthermore, it reflects the company’s commitment to elevating sustainability practices across all business units, creating long-term value, and fostering trust among all stakeholders.
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