Bangkok, December 9, 2023 – True Corporation, the leading telecom-tech company in Thailand, has topped the Dow Jones Sustainability Indices (DJSI) 2023 with the world’s highest score in the telecom industry category for the sixth consecutive year, as announced by S&P Global on December 8, 2023. The ranking confirms True Corporation is conducting its business operations at the highest international sustainability standards to elevate its customers’ quality of life and transform Thailand into a digital economy. By strengthening digital skills, adopting new technologies, and reducing educational inequality, True Corporation is once again recognized for its global leadership in human rights, transparency and innovation.
Mr. Manat Manavutiveth, Chief Executive Officer, True Corporation Plc said, “True Corporation is determined to advance Thailand’s digital opportunities while promoting sustainability in three dimensions: environmental, social and governance. We not only focus on our own operations but also seek ways to promote systemic change for Thai society across our whole value chain.”
“To address global warming, True Corporation targets carbon neutrality in our own operations by 2030. To do so, we send zero electronic waste to landfill and are increasing our clean energy use through solar cells, while using AI technology to increase energy efficiency. We also go beyond our operations with internet of things and AI solutions that enable consumers and businesses to reduce their own emissions.”
True Corporation is also tackling educational inequality and creating digital inclusion with True Plookpanya, the largest online learning platform in the country. In addition, the company has connected 1,294 schools in remote areas to broadband internet and ICT talents as part of CONNEXTED, a public and private alliance to improve educational standards with training and digital platforms. For those already in the workforce, True Digital Academy teaches critical digital skills in areas such as AI and analytics.
“True Corporation innovates to provide long-term value for customers and enterprises including building AI-powered solutions that can reduce energy consumption, speed up logistics and improve customer service. A powerful example is our online medical service, the MorDee platform, that enables easy and affordable access to healthcare without having to leave home,” said Mr. Manat.
True Corporation also promotes respect for human rights throughout its supply chain. The Human Rights Due Diligence process ensures key suppliers and partners review their own impact on their workers and the communities in which they operate. In addition, the company has issued the Business Partner Code of Conduct to meet international standards, increasing the signatories’ domestic and regional competitiveness.
“True Corporation’s actions to transform Thailand into a sustainable digital economy are in addition to our focus on anti-corruption, cyber security, and personal data privacy. In line with this, we recently issued an ethical AI charter to promote transparent, bias-free algorithms that respect consumer rights and data privacy,” said Mr. Manat.
True Corporation is ranked number one in the S&P Global’s Corporate Sustainability Assessment and is listed in the Dow Jones Sustainability Indices 2023 in the telecommunications category for the sixth consecutive year. True Corporation scored 95 out 100 (as December 8th, 2023), a two-point improvement compared to its 2022 score.
For more details on True Corporation’s sustainability commitments, please visit
https://www.true.th/sustainability
About DJSI
DJSI is an internationally recognized sustainability index, which has been accepted globally. S&P Global, a global financial information and transparent rating provider, has evaluated more than 13,000 corporations. In 2023, over 3,400 companies were evaluated, increasing from 2,500 companies in 2022. S&P Global has announced the score result of all organizations as well as officially revealed list of companies to be DJSI 2023 members for all 62 industries on December 8, 2023 (New York local time, the United States of America).
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