Bangkok, Thailand, July 18, 2024 -- Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
Delta Electronics (Thailand) PCL. announces it has been included in the FTSE4Good Index Series following the FTSE4Good Index Series June 2024 review.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
Questions around this news
What does inclusion in the FTSE4Good Index Series recognize?
The release says the company was included after the June 2024 review. The index series is intended to track companies that demonstrate strong environmental, social and governance practices, and its evaluations consider areas including corporate governance, health and safety, anti-corruption, and climate change.
What is an ESG index used for?
An ESG index tracks or measures companies using environmental, social and governance factors alongside, or instead of, conventional market measures. Investors and fund managers may use indexes to build or assess investment products, compare company practices, or guide engagement with businesses.
Which ESG areas were considered in the review?
The release identifies corporate governance, health and safety, anti-corruption, and climate change as examples of areas considered in FTSE Russell’s evaluations. It also says companies included in the index series must meet a range of environmental, social and governance criteria.
What renewable-energy target did the company announce?
The release says the company is committed to a RE100 target of using 100% renewable energy in its operations by 2030. It also describes the company’s Sustainable Development Committee as working to support a resilient business model that covers relevant environmental, social and governance considerations.
As part of the London Stock Exchange Group (LSEG), FTSE Russell’s ESG Ratings provide a multi-dimensional measure of environmental, social and governance exposure and practice. Investors can leverage the FTSE4Good Index as a tool for sustainable investment and as a framework for corporate engagement and stewardship.
As a sustainable company, Delta Thailand is committed to the UNSDGs and a RE100 target for 100% renewable energy in its operations by 2030. Delta’s Sustainable Development Committee strives to ensure a resilient business model that encompasses all necessary ESG aspects.
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). We will respond and rectify the situation in the next 8 hours.
At a glance
- Company
- Delta Electronics (Thailand) PCL.
- Announcement
- Award
- Location
- Bangkok, Thailand
Key figures
- Renewable energy target
- 100%
- Target year
- 2030
Products and programs
Earlier from Delta Electronics (Thailand) PCL.
- Delta Thailand Welcomes Chairman of Thai Chamber of Commerce and Srithai Superware to Explore Smart Manufacturing Solutions
- Delta Joins Industry Leaders to Discuss Sustainability for Business Competitiveness at Bangkok Post ESG Conference 2024
- Delta Thailand Honored in Inaugural Fortune Asia Future 30 Recognizing Long-Term Growth Potential of Leading Companies in APAC
- Delta Thailand Opens Its New Delta Plant 8 and R&D Center for EV Production and Innovation
- Delta Joins Industry Leaders to Discuss Decarbonizing Business Strategies at Economist Impact Sustainability Week Asia