Achievements of ESG towards Sustainable Business
As of 7 December 2022, SCG achieved the highest score out of 119 companies assessed in the Construction Materials Industry in the S&P Global Corporate Sustainability Assessment. It is also the first organization in ASEAN to have been included as member since 2004.
SCG has been rated A- (Leadership) on Climate Change and Forests, and B (Management) on Water Security in chemicals sector by the Carbon Disclosure Project (CDP) year 2023. CDP scored over 21,000 companies on their environmental disclosures.
SCG received the AA rating on the MSCI ESG Ratings in the Construction Materials Industry for the sixth consecutive year by Morgan Stanley Capital International (MSCI), the world’s leading stock index provider.
SCG has been recognized as member of the FTSE4Good Index Series based on the assessment of running business by taking its responsibilities on a basis of Environmental, Social and Governance (ESG) by FTSE Russell.
SCG is a member of the United Nations Global Compact (UNGC), showing in our commitment to comply with international best practices. Since 2012, SCG achieved the Advanced Level of compliance that covers 24 aspects governing areas such as human rights, labor practices, the environment, anti-corruption, value chain, transparency and certification.
SCG continues to drive sustainable business growth in accordance with ESG regarding climate-related issues, nature loss, and inequality. SCG has been one of the founders and core members of the World Business Council for Sustainable Development (WBCSD) since 1999 to promote more successful and sustainable development by focusing on the maximum positive impact for shareholders, the environment, and societies.
SCG has been received the UN Women 2022 Thailand Women’s Empowerment Principles (WEPs) Awards by the UN Women. The awards recognize companies who are taking action for gender equality aligned to the Women’s Empowerment Principles, corporate governance, social responsibility and reducing inequality.
SCG won an ASEAN Asset Class PLCs Award for the second consecutive year in the 2021 ASEAN CG Scorecard, an initiative of the ASEAN Capital Markets Forum (ACMF) supported by the Asian Development Bank (ADB) recognizing ASEAN listed companies with commendable corporate governance practices.
SCG has been honored on the list of Thailand Sustainability Investment from its, management approach under pressure during this crisis, climate resilience as well as creating positive impacts on society and the environment.
SCG won a Sustainability Excellence Award for the seventh consecutive year. SCG received awards in two categories: Sustainability Award of Honor for the fifth consecutive year and Outstanding Investor Relations Awards at the SET Awards 2022, hosted by the Stock Exchange of Thailand, in recognition of its exemplary sustainability practices.
SCG received HRH Princess Maha Chakri Sirindhorn’s Trophies for Leadership Excellence, and Human Resource Management Excellence for the 20th consecutive year. It won Thailand Digital Excellence Awards, Company of the Future category, Outstanding Awards for Sustainable Development, Financial Management, Innovation, Product and Service, and SMEs Excellence Awards in cooperation with the CNI Engineering Supply Co., Ltd. from the Thailand Management Association (TMA) and Sasin Graduate Institute of Business Administration of Chulalongkorn University.
SCG has been received Outstanding Award, the highest level in the Low Carbon and Sustainable Business (LCSB) from the Thailand Greenhouse Gas Management Organization (Public Organization) – a testament to SCG’s commitment to achieving its target, Net Zero by 2050.
SCG was given an Excellence Awards, Corporation Category of Human Rights Awards for a third consecutive year by the Rights and Liberties Protection Department under the Ministry of Justice in recognition of its respect for the human rights of all in its business operations, its role in promoting human rights through equitable, non-discriminatory treatment for all, and its efforts to extend its human rights practices across its value chain.
SCG has been named a certified company by the Thai Private Sector Collective Action Against Corruption (CAC) since 2013 and has been continuously recertified to maintain its status as a CAC-certified company. The CAC certification criteria integrated the framework of the United Kingdom’s Bribery Act which is consistent with the principles of ISO 37001 Anti-bribery Management Systems.