
LHFG has received the prestigious ESG100 Decade Award
in recognition of its outstanding ESG performance for a decade.
Mr. Waravoot Tocharoentanapol (3rd from right), president, and Mr. Vichian Amornpoonchai (4th from right), director and deputy president of LH Financial Group Public Company Limited (LHFG), received the prestigious ESG100 Decade Award as the organization that has been included in the ESG100 universe for 10 years from Mr. Pipat Yodprudtikan (2nd from right), chairman of Thaipat Institute at Q.House Lumpini Building, Sathon, Bangkok.
Mr. Waravoot Tocharoentanapol, president of LH Financial Group Public Company Limited, revealed that "LH Financial Group Public Company Limited and Land and Houses Financial Business Group are pleased that Thaipat Institute offered the prestigious ESG100 Decade Award as the organization that has been included in the ESG100 universe for 10 years. This recognition is evidence to Land and Houses Financial Business Group's commitment to constantly conducting business by taking into account Environmental, Social, and Governance (ESG) issues."
Mr. Pipat Yodprudtikan, chairman of Thaipat Institute, said "The ESG100 Decade Award is a decade-long honor and the first ESG award in Thailand. It is a special award to honor an organization that consistently demonstrates outstanding ESG performance. Winning organizations must have accumulated at least 10 years of Environmental, Social, and Governance (ESG) performance and be ranked among the top 100 listed securities with outstanding ESG performance based on international assessment criteria. This demonstrates concrete evidence of carrying out business toward sustainability in the eyes of outsiders."
Thaipat Institute established the ESG Rating agency in September 2014 to develop business sustainability data and begin compiling a list of 100 listed securities with outstanding ESG performance, known as the ESG100 universe, since 2015. This initiative has continued for 11 years to address the needs of investors who weigh their investments in companies that take ESG issues into account to meet the needs for sustainable investment.
The ESG100 assessment consists of preliminary screening criteria and core rating criteria. The assessment process complies with the ESG Code of Conduct of the International Capital Markets Association (ICMA) and lies upon integrated ESG assessment combined with financial information so that the scores reflect the essence of ESG performance relative to financial materiality. This elevates the analysis of stand-alone ESG data to ESG data assessment linked to a company’s performance.