B.Grimm Power Achieves Top AAA Ratings in SET ESG Ratings, Marking 7th Consecutive Year of Recognition and Reinforcing Commitment to ESG Excellence

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Mitihoon  –  Bangkok 23 December, 2024: B.Grimm Power Public Company Limited (BGRIM) continues to reinforce its leadership in ESG (Environment, Social, and Governance) within the Thai Capital Market by securing a top-tier AAA ranking in the prestigious “SET ESG Ratings” for the year 2024, and being listed as a sustainable stock for the 7th consecutive year by the Stock Exchange of Thailand. This achievement reflects B.Grimm Power’s unwavering commitment of “Doing Business with Compassion, a guiding principle that has been at the heart of its operations for over 146 years, prioritising the interest of all stakeholders.

Dr. Harald Link, President of B.Grimm Power Public Company Limited, stated, “This recognition highlights our vision of ‘Empowering the World Compassionately’, which aims to deliver value to society while growing alongside Thailand and across the regions. We prioritise responsible management across economic, environmental and social dimensions under strong governance principles.  One of the key focus has been supporting youth education in science, technology, engineering, and mathematics (STEM) through initiatives such as the B.Grimm School Camp, the Little Scientist’s House program, and the Dual Vocational Training programme. These efforts have provided opportunities for over 178,794 young people to gain essential knowledge and skills to contribute to national development. Moreover, the Save the Tigers project demonstrates our dedication to conserving biodiversity and restoring ecosystems, in alignment with the United Nations’ Sustainable Development Goals.”

This year, B.Grimm Power was among 56 companies to achieve the top-tier AAA rating out of 228 listed companies that met the SET ESG Ratings criteria by the Stock Exchange of Thailand. This assessment serves as a tool for investors to use alongside other data to analyse business risks and growth opportunities. Simultaneously, environmental, social, and governance (ESG) factors continue to play a growing role in supporting organisational growth, in line with the increasing focus on Sustainable Investment.

Throughout the past year, B.Grimm Power has been nationally and internationally recognised for its sustainability achievements through rankings and awards from leading organisations and institutions at both local and global levels. These accolades include being listed in the S&P Global Sustainability Yearbook 2023 with at top 10% among global sustainability leaders, achieving a BBB rating from MSCI ESG Ratings, maintaining its membership in the FTSE4Good Index Series for the 5th consecutive year. Additionally, the company received the Sustainability Disclosure Award from the Thaipat Institute for the 4th consecutive year and was rated “Excellent” in Corporate Governance Report (CGR) by the Thai Institute of Directors Association (IOD) for the 5th consecutive year. With its philosophy of compassion and a commitment to conducting business responsibly, B.Grimm Power is committed to achieving Net Zero Carbon Emissions by 2050, striving to create a sustainable future for the planet and future generations.

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