The SET ESG Ratings recognize companies demonstrating strong sustainability performance. PRIME’s rating reflects its commitment to clean energy investments, efficient resource management, and impactful social initiatives. Among its key sustainability projects, Prime Road Alternative (Cambodia) Co., Ltd., a subsidiary of PRIME, has partnered with PDA, PDI, The Bamboo School, and SEVA – Cambodia to develop two model schools, Samaki Meanchey School and Santepheab Primary School, near the Thai-Cambodian border. If successful, this initiative will be expanded to other schools across Cambodia.
In addition to its SET ESG Rating, PRIME has also received a “5-star” (Excellent) Corporate Governance (CG) Scoring from the Thai Institute of Directors (IOD) for the first time. This recognition underscores PRIME’s commitment to transparency, shareholder responsibility, and strong corporate governance practices, further strengthening investor confidence.
For the 2024 SET ESG Ratings, 228 listed companies met the criteria, categorized into AAA (56 companies), AA (80 companies), A (71 companies), and BBB (21 companies), collectively accounting for 82% of the market capitalization of the SET and mai. Companies receiving the rating must voluntarily participate, score at least 50% in ESG criteria, and meet additional qualifications set by the Stock Exchange of Thailand.
“The recognition from SET ESG Ratings and CG Scoring not only reflects PRIME’s success in sustainable business development but also reaffirms our commitment to generating long-term value for shareholders and investors while creating positive social and environmental impact. This aligns with PRIME’s vision to lead the energy and environmental sectors through cutting-edge technology innovation, fostering a better and more sustainable society and environment,” Mr. Somprasong concluded.
