At a glance
- Company
- Frasers Property Industrial (Thailand) Co., Ltd.
- Announcement
- Award
- Location
- Thailand
Key figures
- Assets under management
- 3.5 million sq.m.
- Additional logistics parks receiving ISO 9001:2015
- three
People
- Peerapat SrisukontActing Chief Executive Officer of Frasers Property Industrial (Thailand) Co., Ltd.
- Montree TangtermsirikulGeneral Manager of SGS Thailand Limited
Products and programs
December 20, 2023 -- 
Mr. Peerapat Srisukont, (Left), Acting Chief Executive Officer of Frasers Property Industrial (Thailand) Co., Ltd., one of Frasers Property Thailand’s three core businesses, received on behalf of the company, the sustainability management standard ISO 14001:2015 from Mr. Montree Tangtermsirikul, General Manager of SGS Thailand Limited. This certification affirms the company’s efforts to sustainably manage the environment within Frasers Property Logistics Park (Bangna 1) project’s shared service area.
As the leading provider of modern industrial property development in Thailand, Frasers Property Industrial (Thailand) currently has an AUM of 3.5 million sq.m. with the highest green portfolio space in Thailand, certified to international sustainability standards such as LEED and EDGE. The company also prioritises the wellbeing of building occupants and that of the surrounding community.
This newest certification underscores the company’s commitment to develop its industrial real estate portfolio to meet international environmental standards. This includes efforts to ensure efficiency in resource and energy management, effective trash and waste management to minimise environmental impact, utilisation of renewable energy, employee education on the importance of sustainability and environmental stewardship, as well as conducting risk analyses and the developing procedures for handling situational environmental impacts.
Frasers Property Industrial (Thailand) also received the operational standard ISO 9001:2015 in three additional logistics parks including Wangnoi 2, Laem Chabang 2 and Sriracha. This reflects the company’s ambition in delivering high quality products and services, tailored to the needs of its customers, helping the company become the trusted choice among customers in the long run.
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Questions around this news
What does ISO 14001:2015 certification cover?
ISO 14001:2015 is an international standard for environmental management systems. It provides a framework organizations can use to identify and manage environmental responsibilities, set objectives, and improve their environmental performance. Certification indicates that an organization’s management system has been assessed against the standard; it does not by itself certify that a site has no environmental impacts.
Which part of Frasers Property Logistics Park (Bangna 1) received ISO 14001:2015 certification?
The certification applies to the project’s shared service area. The release says it recognizes the company’s environmental management efforts there, including resource and energy efficiency, waste handling, renewable energy use, employee education, and procedures for assessing and responding to environmental impacts.
What sustainability practices did the company describe?
The release lists efforts to use resources and energy efficiently, manage trash and waste to limit environmental impacts, use renewable energy, and educate employees about sustainability and environmental stewardship. It also describes conducting risk analyses and developing procedures for addressing environmental impacts that may arise from different situations.
Which logistics parks received ISO 9001:2015?
The release says the company received ISO 9001:2015 for operations at three additional logistics parks: Wangnoi 2, Laem Chabang 2, and Sriracha. It links the certification to its aim of delivering quality products and services tailored to customer needs.
