Corporate News
Siam City Cement Achieves “AA” from SET ESG Ratings 2023
Siam City Cement Public Company Limited (SCCC) has attained “AA” rating from the 2023 SET ESG Ratings, a sustainable stock assessment conducted by the Stock Exchange of Thailand (SET). This marks the fifth consecutive year that SCCC has been included in the list of sustainable stocks, alongside 193 other companies, and is recognition of SCCC’s vision and progress towards its sustainable development goals.
As industry leaders, SCCC continues to maintain the highest operational standards while adhering to the principles of good corporate governance. With the Group’s commitment to “caring about our future”, SCCC remains steadfast to its sustainable development policy built on a core responsibility to community, society and the environment.
In addition, SCCC has been recognized in the Corporate Governance Report of Thai Listed Companies (CGR). Published by the Thai Institute of Directors Association (IOD) with the support of the Stock Exchange of Thailand, SCCC has achieved an Excellent 5-Star rating for the eighth consecutive year.
The Stock Exchange of Thailand (SET) has rebranded sustainable stocks - previously known as THSI (Thailand Sustainability Investment), they are now known as SET ESG Ratings - and for the first time the assessment uses a rating system. This aims to empower investors with comprehensive data enabling them to make informed investment decisions. Furthermore, it provides registered companies with a benchmark to further develop their ESG operations in the future.