Company News

WHA Group and WHAIR Pleased to be Recognized in 2023 ESG Emerging and ESG100; WHART Shines for Fifth Consecutive Year in ESG100

19/06/2023

Bangkok - WHA Corporation (WHA Group) PCL is pleased that Thaipat Institute has recognized WHA Group and WHA Industrial Leasehold Real Estate Investment Trust (WHAIR) as one of the top 15 securities in the ESG Emerging List, out of 888 companies, funds, and investment trusts. Both WHA Group and WHAIR have also made their debut in the ESG100 Index. Meanwhile, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) continues to demonstrate remarkable performance, securing its position in the 2023 ESG 100 investment trusts, for the fifth consecutive year. The achievements reaffirm the unwavering commitment of WHA Group and its affiliated companies to develop sustainable business practices and create long-term investment return opportunities.

Mr. Natthapatt Tanboon-ek, Chief Financial Officer of WHA Corporation PCL, revealed that Thaipat Institute, by its ESG Rating unit, the pioneer in the development of Thailand’s corporate sustainability database and the annual ESG100 list, has compiled the 2023 ESG Emerging list to recognize promising ESG performers on the Thai stock market. The institute has reviewed 888 companies, funds and investment trusts using ESG information (Environment, Social, and Governance). This year, WHA Group and WHA Industrial Leasehold Real Estate Investment Trust (WHAIR) have been recognized as one of the top 15 securities in the 2023 ESG Emerging List and made their debut in the ESG100 for the first time. The selection is based on publicly available ESG data disclosed by the company and meets Thaipat Institute's preliminary screening criteria of the ESG100 securities, following the CORE Framework principles, which aim to increase long-term investment returns for investors.

Meanwhile, WHART Premium Growth Freehold and Leasehold Real Estate Investment Trust (REIT), which is the largest industrial REIT in Thailand and manages leasable area of over 1.74 million square meters, has also been recognized as an investment-worthy fund in the 2023 ESG100 for the fifth consecutive year.

The inclusion of WHA Group, WHART and WHAIR in the ESG 100 Securities, as investment-worthy entities, reflects the group's continuous commitment to fostering sustainability across its four business hubs: Logistics, Industrial Development, Utilities and Power, and Digital. This dedication aims to ensure customer satisfaction and boost the confidence of investors who would consider sustainable investment, by taking account of all ESG aspects including environment, social, and governance. The interests of all stakeholders are also taken into consideration. These principles have always been of paramount importance to the company, and it continues to uphold the standards of sustainable operations.

Mr. Natthapatt concluded that WHA Group is poised to take the lead in harnessing technology and innovation to drive sustainable development of its products and services, under "Mission To The Sun" which will be beneficial to all stakeholders, including customers, employees, shareholders, business partners, and Thai society at large. Key projects under “Mission To The Sun” include Green Logistics, Digital Twin, Digital Healthcare, and Circular initiatives. With these strategic endeavors, the company is confident that it will transform into a technology company by 2023.