Dow Jones Sustainability Indices
GC was rated number one in the world for sustainability in the Dow Jones Sustainability Indices (DJSI) chemicals industry group (2019-2020) for the second consecutive year. GC was also ranked among the top 10 companies in the DJSI World Index and the DJSI Emerging Markets Index for the eighth consecutive year. Furthermore, GC has been a member of S&P Global and RobecoSAM AG for the tenth consecutive year.
These rankings reflect GC’s commitment to applying sustainability in driving its business and balancing three dimensions, the economy, environment, and society (ESG) under its principles of good corporate governance. GC’s operations support and are in line with the Sustainable Development Goals (SDGs) of Thailand and the global community.
The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks to track the performance of the world's leading listed companies that contribute to economic, environmental, and social criteria based on good governance and the ability to create returns and value to investors and stakeholders in a long-term and sustainable manner.
Carbon Disclosure Project
GC recently became the first and only Thai-owned conglomerate to achieve the Leadership Level in the Carbon Disclosure Project (CDP)’s 2020 annual environmental disclosure. GC was awarded the prestigious “A” score for its best-practice initiatives in climate change and water security under the CDP’s widely recognized corporate sustainability standards.
The CDP, a non-profit organization, is recognized for its global disclosure system for carbon and climate change data as well as being the world’s largest online data source on greenhouse gases.
MSCI ESG Rating
GC’s ranking was readjusted to A from a BBB (Top 5) level assessment in the Commodity Chemicals sector by MSCI. The assessment provides assurance to investors that a company operates its business based on good environmental, social and governance performance.
The MSCI Index stands for Morgan Stanley Capital International (MSCI) and is used to measure equity market performance as a benchmark for investors.
UN Global Compact LEAD
GC has been a member of United Nations Global Compact for the tenth consecutive year.
Since 2016, GC has been ranked at the highest level (LEAD) alongside 41 companies worldwide on account of its commitment to continuing its sustainability strategy and extending its positive results to supply chains to contribute to the Sustainable Development Goals (SDGs).
GC underscored its leadership in sustainability in its business operations by passing the assessment criteria of FTSE, a globally recognized sustainability index, while remaining a constituent member of the FTSE4Good Index Series coming in third place in 2020, in addition to being named to FTSE Russell for the fifth consecutive year (2016-2020). The index is considered an effective tool among investors to recognize a company’s responsible approach that supports the environment and society, focuses on sustainability and good governance for environmental, social and governance (ESG) performance, and their decision-making on investments and frameworks that contribute to stronger engagements and social responsibility.
The Asset Awards
GC won two awards at The Asset Awards 2020 event: the Platinum Award for ESG and the Best Investor Relations Team Award, organized by The Asset, a leading financial magazine in the region. These prestigious awards honor businesses for their commitment to environmental, social and governance (ESG) business practices.