TPI Polene Power Public Company Limited (“TPIPP or the Company”), the biggest waste-to-energy power plant operator and distributor and a waste disposal service provider with the biggest community waste disposal plants in Thailand, has been selected as one of the ESG100 companies with outstanding performance in Environmental, Social and Governance (ESG) aspects from the assessment of listed securities in 2025 by Thaipat Institute.

Mr. Prachai Leophairatana, Chairman of TPIPP revealed that Thaipat Institute announced TPIPP’s ranking in ESG100 securities list for the year 2025 by selecting from 921 listed Securities as a company for ESG Values with outstanding performance in Environmental, Social and Governance (ESG) aspects in Resources Sector. The Company has been listed in the ESG100 Securities Sector for the 6 years of Recognition for Outstanding Sustainability.

“The Company is committed to becoming a leader in the renewable energy industry by addressing the growing demand for clean energy and through a full transition to 100% waste-to-energy power plants within the year 2025, which the Company will have a total electricity generation capacity of 534 megawatts from waste-derived fuel and solar power. As of the end of the first quarter of 2025, the Company successfully utilized a total of 781,686 tons of various types of waste as fuel for its power plants and sold the sorted waste to TPI Polene Public Company Limited to be used as fuel in its cement production.

The Company realizes the critical role of the power generation sector in addressing climate change and limiting global temperature rise not to be more than 1.5°C, to be in line with the Paris Agreement. As a result, the Company has identified climate management as a material sustainability issue of the Company and has set a long-term target to achieve carbon neutrality by 2037, which is 13 years ahead of Thailand’s national target.

Thaipat Institute considers the rankings of Securities by taking into consideration of data from ESG operations together with the listed company's operational results.”

Thaipat Institute is the pioneer in the development of sustainability information of the business, and has disclosed names of 100 outstanding ESG listed Securities, known as ESG100 Securities list, for the first time in the year 2015, and the sustainability data of listed companies has been collected and continued for the 11th consecutive year in this year.

The sustainability investment rating conducted by Thaipat Institute is an independent assessment as an external agency, using publicly disclosed information. The assessment is benchmarked against ESG indicators based on internationally accepted sustainability frameworks and standards such as those from the World Federation of Exchanges (WFE), Global Reporting Initiative (GRI), International Financial Reporting Standards (IFRS), and the UN Principles for Responsible Investment (UN PRI).

 

Dear Esteemed Equity Investors and Debenture Holders of TPIPL and TPIPP,

 We are happy to share with you that both TPI Polene and TPI Polene Power received citations in the 10th Global Good Governance Awards 2025 held in Brunei.

TPI Polene was given citation for the Green Innovation and Solutions it introduced to the market leveraging its in-house, home grown Research & Development team.

TPIPP received citation on Environmental Responsibility for the socio-economic impact generated by its power production that uses household waste as fuel.

 

Thank you for your continued support to TPIPL and TPIPP.

 

Dear Esteemed Equity and Debenture Investors,

 

We are happy to share with you the recognition that TPI Polene Power received from the ESQR for the exceptional success in quality management initiatives.

TPIPP continues to strive to be top of the class in the waste-to-energy space; adding economic value to municipal solid waste colloquially known as household garbage.

Our success is also yours, and we thank you for the continued support.

 

Advanced Season’s Greeting and Happy Holidays!  

 

 

On November 28, 2024, TPI Polene Public Company Limited and TPI Polene Power Public Company Limited received 2024 Sustainability Disclosure Award in the category of Honorary Award, the highest award from Thaipat Institute for the third consecutive years, reflecting the Companies’ commitment to transparent and comprehensive disclosure of sustainability information.

 

As members of the Sustainability Disclosure Community (SDC), the Companies place great importance to data reporting in environmental, social, and governance (ESG) criteria for exceptional performance of sustainable development in line with the strategy of the TPI Polene Group.

 

The Companies are committed to conducting business that give precedence to environmental friendliness and embrace social responsibility under a good corporate governance policy to create benefits and value for all stakeholders in a sustainable manner.

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