TOP Thaioil receives 2 awards from SET Awards: Business & Sustainability Excellence 2025

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Mitihoon – Recently, Thai Oil Public Company Limited received the “SET Awards: Business & Sustainability Excellence 2025.” Mr. Phuping Taweesarp, Vice President of Corporate Sustainability, received the Best Sustainability Award from Professor Emeritus Kitipong Urapeepatanapong, Chairman of The Stock Exchange of Thailand (SET). In addition, Mrs. Wanwisa Yanchinda, Vice President of Treasury, received the Outstanding Investor Relations Award from Mr. Asadej Kongsiri, Director and President of The Stock Exchange of Thailand (SET). The awards were presented at the SET Awards 2025 ceremony, organized by The Stock Exchange of Thailand in collaboration with Money & Banking Magazine. The ceremony was held at the SET Building.

SET Awards: Sustainability Excellence reflects Thaioil’s strong commitment to sustainability and its ability to adapt its operations toward achieving strategic goals under an outstanding ESG (Environment, Social, and Governance) framework, as follows:

  • Environment (E) : Thaioil has elevated its climate change management by setting a Net Zero target, guided by the 3Cs Strategy, including, C1: Cut Down Existing Emission – Reducing greenhouse

gas emissions from current operations, C2: Compensate Residual Emission – Offsetting remaining emissions, C3: Control Future Emission – Controlling future emissions by pursuing high-value and low-carbon business opportunities. In addition, Thaioil is committed to accelerate its Net Zero target, provided that economically viable technologies and supportive mechanisms are in place to enhance business competitiveness.

  • Social (S) : Thaioil is committed to enhancing community and social well-being through sustainable development and long-term shared growth. Key initiatives include: Expanding reforestation projects that generate carbon credits for communities, engaging community enterprises to manage project operations, creating co-benefits and new income opportunities such as community nurseries for native seedlings, planning to broaden livelihood support and quality-of-life programs, and installing solar-powered systems in targeted areas to promote renewable energy adoption.
  • Governance (G) : Thaioil has established strategic business directions under the concept “Empowering Strength for Powering Growth”, aiming for a resilient foundation that supports sustainable growth through low-carbon and environmentally friendly products. Thaioil implements good corporate governance by integrating GRC (Governance – Risk & Internal Control – Compliance) across the entire supply chain, ensuring transparency and long-term business sustainability.

SET Awards: Business Excellence in the category of Outstanding Investor Relations Awards reflects Thaioil’s strong performance in investor relations, demonstrating effectiveness, consistency, transparency, and a commitment to providing accurate, comprehensive, and equitable information. This recognition highlights the company’s dedication to building trust and confidence among investors and all stakeholders through ongoing, high-quality communication efforts.

These achievements reflect Thaioil’s strong business fundamentals, effective investor relations management, and commitment to Environmental, Social, and Governance (ESG) excellence. They reinforce the Company’s vision of “Empowering Human Life through Sustainable Energy and Chemicals.”

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