Bangkok Airways Rises to the Top in 2024 SET ESG Ratings for Strong Sustainability Practices in the Services Sector

by travoupdate@gmail.com
2 minutes read
Bangkok Airways Rises to the Top in 2024 SET ESG Ratings for Strong Sustainability Practices in the Services Sector

Bangkok Airways Public Company Limited (BA) has proudly secured its place among the sustainable stocks for 2024, earning recognition in the “SET ESG Ratings 2024.” The Stock Exchange of Thailand awarded BA a commendable BBB rating within the Services sector, standing out among 228 registered companies evaluated this year.

As one of only 43 companies in the Services sector to meet the rigorous evaluation standards, BA’s dedication to sustainability and governance excellence is evident. Further solidifying its reputation, the airline received a prestigious 4-star rating for corporate governance, labeled as “Very Good CG Scoring,” from the Thai Institute of Directors Association (IOD).

This recognition underscores Bangkok Airways’ commitment to embedding environmental, social, and governance (ESG) principles in its operations. By maintaining high standards of corporate governance and sustainability, the company continues to position itself as a leader in the Services sector and a trusted choice for investors prioritizing responsible business practices.

The acknowledgment reflects not just the airline’s operational achievements but also its strategic vision for a sustainable future. Bangkok Airways’ inclusion in this esteemed list is a testament to its ongoing efforts to balance business growth with ethical and environmental responsibilities.

Mr. Puttipong Prasarttong-Osoth, President of Bangkok Airways Public Company Limited, stated that Bangkok Airways is advancing towards sustainability with a commitment to the vision and mission of becoming one of the best airline in Asia. Recently, the company was selected for the “SET ESG Ratings 2024” by the Stock Exchange of Thailand with a BBB rating in the services category for the second year. Additionally, it has received a CGR score of 4 stars, or “Very Good,” reflecting the company’s business potential under its sustainability commitment “Connect Your Happiness,” by enhancing operations in all dimensions aligned with sustainability principles based on good governance in economic, social, and environmental aspects, building trust and responding to the needs of all stakeholders to achieve set goals.

The post Bangkok Airways Rises to the Top in 2024 SET ESG Ratings for Strong Sustainability Practices in the Services Sector appeared first on Travel And Tour World.

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