Asset World Corp Public Company Limited (SET: AWC), Thailand’s leading integrated lifestyle real estate group, has been selected as a member of the Dow Jones Sustainability Indices (DJSI) in the DJSI Emerging Markets Indices for the first time. AWC achieved the highest sustainability score as per the Corporate Sustainability Assessment (CSA) by the S&P Global, ranking 1st in the Hotels, Resorts & Cruise Lines industry, reflecting AWC’s commitment to conducting business within the framework of AWC’s sustainability development framework, the 3BETTERs: Better Planet, Better People, and Better Prosperity, to deliver value and create sustainability for all stakeholders. This contributes to ‘Building a Better Future,’ propelling the real estate industry towards sustainability and strengthening Thailand as a prominent global sustainable tourism destination.
Mrs. Wallapa Traisorat, Chief Executive Officer and President, Asset World Corp Public Company Limited or AWC, said that “AWC believes in joining forces to drive sustainability collectively with partners across all sectors. We are very proud to be one of the 28 companies registered on the Stock Exchange of Thailand (SET) chosen as a DJSI member this year. Earning a prestigious membership in the Dow Jones Sustainability Emerging Markets Index and marking a historic achievement for the Thai hospitality industry by securing the first ranking among global companies in the Hotels, Resorts & Cruise Lines industry that participated in the S&P Corporate Sustainability Assessment worldwide will be a powerful catalyst. This accomplishment will energize AWC’s leadership and employees to persist in advancing our commitment to sustainability, contributing to the growth of Thailand’s real estate industry and its transformation into a global sustainable tourism destination.”
AWC is dedicated to adhering to the sustainability development framework known as the 3BETTERs, emphasizing nine key dimensions. Simultaneously, the company upholds strong corporate governance principles to foster holistic sustainable value, and long-term growth for all stakeholders in a balanced manner. AWC places equal emphasis on environmental, social, and economic values.
- BETTER PLANET: The world with a sustainable environment. AWC is proactively engaged in initiatives focused on Climate Strategy, Circular Economy, Water Stewardship, and Biodiversity. By 2030, AWC’s goal is to achieve Carbon Neutrality, reduce water consumption intensity per total revenue of operating properties by 20%, and transition to Zero Waste to Landfill according to the circular economy approach. Furthermore, AWC is steadfast in its commitment to generating a Net Positive Impact to ensure a balanced contribution to the Biodiversity.
- Better People: The well-being and better livelihood of everyone. AWC is focused on developing human resources, occupational health and safety, and create sustainability for the communities in which AWC’s projects are located. By 2030, AWC aims to have ready-now successors for every key driver role within the organization, committed to achieving zero accidents that result in employee and contractor staff fatalities and permanent disabilities. Additionally, every business unit under AWC is dedicated to contributing to the improvement of livelihoods for people and society through the various projects for communities.
- Better Prosperity: A sustainable growth for all. AWC recognizes the importance of good corporate governance, which acts as a catalyst for Economic Value Creation and prosperity on a broader scale. By 2030, AWC aims to achieve the 5 Golden Arrow awards from the ASEAN Corporate Governance Scorecard (ACGS). Additionally, AWC strives to increase opportunities for income generation and reduce social inequality to contribute to long-term value and sustainability throughout the value chain.
The Dow Jones Sustainability Indices (DJSI) stands as the world’s premier sustainability index, assessing the sustainable practices of leading global companies. Encompassing corporate governance, the economy, the environment, and society, the DJSI is widely acknowledged and utilized by global investment institutions and funds as a trusted source of information for investment considerations.
Alongside securing its inaugural membership in the Dow Jones Sustainability Indices, AWC has been rated ‘A’ in the SET ESG Ratings 2023 within the Property & Construction category from the Stock Exchange of Thailand. This marks the third consecutive year, underscoring AWC steadfast commitment to ESG operations and the tangible integration of sustainability practices into the business.
