Press Releases

Thaipat Institute recognises CKPower for having outstanding environmental,
social and governance performance in compliance with ESG Universal criteria
in line with global investment trend

Bangkok, 1 Oct 2022 – CK Power Public Company Limited (SET: CKP), one of the largest producers of renewables-based electricity with one of lowest carbon footprints in the region, has been included on the ESG Emerging List and the ESG100 Universe in the recent ESG rating by the Thaipat Institute. The company is the only stock in the Stock Exchange of Thailand's Energy & Utilities category to make the ESG Emerging List in 2022.

Mr. Thanawat Trivisvavet, Managing Director, CKPower PLC, said, "We attach importance to sustainable business practices with a commitment to good corporate governance while ensuring that our core business is environmentally friendly and socially responsible in compliance with the ESG criteria (Environmental, Social and Governance) as we strive to build confidence among the stakeholders while ensuring sustainable growth that has been our corporate vision."

"We take pride in CKP making the ESG Emerging List and being included in the ESG100 Universe of 2022. Thaipat Institute that prepared the list is an organization which compiles information on sustainability of listed companies for investors. In preparing the list, they give a lot of weight to sustainable investment. They take into consideration ESG performance and financial performance regarding risk aspects, competitive potential, and acceptance from direct stakeholders – things that have a lot to do with long-term sustainable growth of a business. It is an increasingly important trend among investors worldwide."

CKPower focuses on promoting investment in electricity generation from clean energy and renewables which cause low levels of pollution as well as efficient use of resources in the production to strike a balance between business and environmental preservation. The company has strict environmental management procedures and its hydro power plants are certified with the world-class ISO 14001 standard. Great attention is paid to environmental management and clean energy development to reduce greenhouse gas emissions (Net Zero Greenhouse Gas Emissions) by 2050.

In preparing its ESG Emerging and ESG100 lists for 2022, the Thaipat Institute evaluated a total of 851 listed companies using ESG information from more than 15,760 publicly available data points. The stocks under review were those with outstanding ESG performance as evident in their information disclosures. Also considered were ESG factors in various aspects. CKPower is the only listed company in the Energy & Utilities category to be selected for the ESG Emerging List in 2022.

"This achievement is a testament to the efficient efforts made by all the management and staff at CKPower, our clear policy of staying focused on the production and sale of electricity from a wide range of clean energy as well as our selection of cutting-edge technology that is environmentally friendly, the balance we have struck between our business and environmental protection - all of this serves to build long-term confidence among investors and to position us well as one of the largest producers of electricity from renewables with one of the lowest carbon footprints in the region," Mr. Thanawat said.

Today, natural disaster and climate change are discussed as a pressing issue at the global level. Many countries, including Thailand, have therefore started to campaign for the public and private sectors as well as civic society to pay more attention to natural resources and the environment. For this reason, all stakeholders must join to look after the environment and make environmental responsibility an urgent item on the country's national agenda.

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