Mr. Prachai Leophairatana, Chairman of TPI Polene Power Public Company Limited (TPIPP) received honorary plaques from the “One million of Goodness Seedlings Repay Your Land” Project for 2024 Foundation for Thai Society. The awards were presented by Air Chief Marshal Chalit Pukbhasuk, Privy Councilor, who presided over the ceremony.

TPIPP received a total of 6 awards, divided into 2 individual honors: “Organizational Leader of the Year" and the "Creative Thinking & Innovation of the year” awards, both of which were presented to Mr. Prachai Leophairatana, Chairman of TPI Polene Power Public Company Limited. Mr. Prachai was recognized as a valuable individual who has made significant contributions to the public, demonstrated exemplary vision, and effectively applied knowledge in practice. Additionally, TPIPP received 4 organizational honors: Goodness Award, Creative Thinking & Innovation of the year, Service of the Year, and the Company of the Year. These honors are bestowed upon individuals and organizations that have achieved sustainable success and have made significant contributions to society, serving as exemplary models for the community and the public.

July 12, 2024 - TPI Polene Power Public Company Limited (TPIPP), the biggest waste-to-energy power plant operator and distributor in the world and a waste disposal service provider with the biggest community waste disposal plants in Thailand. All waste disposal plants of TPIPP are located in the single area, which is the largest waste disposal plants in the world in single location. The Company was selected as one of the ES100 companies with outstanding performance in Environmental, Social and Governance (ESG) aspects from the assessment of listed securities in 2024 by Thaipat Institute

Mr. Prachai Leophairatana, Chairman of TPIPP revealed that Thaipat Institute announced TPIPP’s ranking in ESG100 securities list for the year 2024 by selecting from 920 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 5^th year of Recognition for Outstanding Sustainability (in the year 2018 and 2021-24).

TPIPP is committed to implementing and restructuring the organization in response to Global Mega Trend on Climate Change issue and Cleaner & Greener. Currently, TPIPP is in the process of converting to a 100% waste-to-energy power plants, divided into 6 phases, phase 1 - 3 of which have been about 40% completed during the year 2022-2023. Phases 4, 5 and 6 are currently ongoing process with phase 4, phase 5  and phrase 6 are planned to be completed in December 2024, March 2025 and April 2025 respectively. Thus, TPIPP will be a 100% waste-to-energy power plant operator in 2025 onwards. In 2023, TPIPP has used municipal waste to be sorted and used an alternative fuel instead of taking municipal waste to landfill, with total volume of more than 2.73 million tons. This helps reduce greenhouse gas emissions, generated from landfills into the atmosphere up to 6.34 million tons of CO₂E. In addition to using energy from waste fuel, TPIPP is also focused on developing its green clean energy business that is environmentally friendly, such as solar energy and wind energy.

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 10^th consecutive year in this year.

The sustainability ranking classification of the listed company, is considered as essential information of the listed companies for investors who have weighed investment in companies with social and environmental responsibility and provide an alternative to investors who want to invest in quality listed Securities and receive returns on investment that are not inferior to other general types of investments.

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For more Information please contact:-

Miss. Sita Sirisakdiporn   Phone: 02-930-5227 Fax: 02-930-5228 

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 Mr. Prachai Leophairatana (the fifth from the left), Chairman of TPIPP, with the Management Team, has been awarded the ESG100 Company Certificate for 2024, as a company with outstanding operation in Environmental, Social and Good Governance (ESG) aspects from Mr. Pipat Yodprudtikan (the forth from the left), Chairman of Thaipat Institute at TPI Tower, Head Office, Sathorn, Bangkok.

Another citation for TPI Polene Power from World Business Outlook, Singapore: Best Sustainable Practices In Energy Sector Thailand 2024. The Award Ceremony will be held on  November 2, 2024 at Bangkok Marriott Marquis Queen’s Park

TPIPP’s foray into WTE begun by recycling the waste heat from the cement plants operated by parent, TPI Polene (TPIPL). It quickly grew and expanded into municipal solid waste with 250 MW capacity. We are the largest privately-owned WTE-MSW in Southeast Asia. Our 10,000 tons daily MSW uptake translates into 7.66 million tons of CO₂e per year. We are expanding into solar power generation and by 2026 TPIPP will have close to 460 MW MSW and 71 MW of solar capacity. In the aspect of Sustainability our goal is to get to Carbon Neutrality by 2037.

We thank the management, employees and all stakeholders for the support and sharing with us this journey.