BGrim included in prestigious FTSE4Good indexes
BGrimm Power Plc (BGrim), an independent power producer in Thailand, has been chosen by FTSE Russell, the UK-based global index, data and analytics provider, to join the FTSE4Good Emerging Index and FTSE4Good Asean 5 Index, the company said in a press statement.
The index series is designed to measure the performance of firms by showing robust sustainability standards, and are used by investors when considering investment.
“We are honoured and very proud for being selected as a member of the FTSE4Good Index Series. This reflects BGrim’s commitment to sustainable business practices,” said Chief Executive Officer Preeyanart Soontornwata.
The company is committed to managing its business professionally by adhering to good corporate governance, being responsible for the economy, society and the environment, along with creating value for all stakeholders, Preeyanart said.
Furthermore, MSCI ESG Rating has given BGrim a BBB rating as it has been included in the Thailand Sustainability Investment index and listed in the ESG 100 group, the press statement said, adding that the firm has also received sustainability awards at home and abroad.
BGrim is one of the pioneers of private power generation in the country, with more than 24 years in operation. The company has been expanding its operations in Thailand and Asean, focusing on power generation based on clean energy using modern production technology that is environmentally friendly.
