TVO has achieved the “AA” ranking from SET ESG Rating for the year 2023, and received an excellent 5-star CGR rating.
13 November 2023Thai Vegetable Oil Public Company Limited (TVO) was ranked from SET ESG Rating for the year 2023, previously known as Thailand Sustainability Investment (THSI), from the Stock Exchange of Thailand for 7th consecutive year in Agro & Food Industry categories. In this year, TVO was ranked an AA rating, reflecting a dedication to sustainable operations integrated with all aspects of Environmental, Social, and Governance (ESG) dimensions.
This emphasis on responsibility towards all stakeholders aims to foster growth based on sound corporate governance and sustainable development.
Furthermore, TVO received an evaluation score of listed companies with corporate governance at a level of 5 stars or Excellent CG Scoring and listed in the Top Quartile: ≥ 10,000 MB. Market Cap. from the survey on Corporate Governance Report of Thai Listed Companies 2022: CGR of Thai Institute of Directors (IOD). This evaluation is part of the Corporate Governance Report (CGR) for the year 2023 conducted by the Thai Institute of Directors Association (IOD) supported by the Stock Exchange of Thailand and the Securities and Exchange Commission (SEC). It signifies a steadfast commitment to transparent and exemplary management practices, elevating the continuous improvement in governance to build comprehensive trust among all stakeholders.
Mr. Pachai Chanpitaksa, Chief Executive Officer (CEO), expressed, “TVO is immensely proud that the Stock Exchange recognizes our unwavering commitment to conducting sustainable business operations within the ESG framework, which we consistently prioritize for sustainable growth based on strong corporate governance principles. The company will persist in advancing in all aspects to instill enduring confidence among investors and stakeholders."
