Mitr Phol Group, the world’s second-largest sugar producer and a pacesetter in sustainable growth throughout the agro-industrial sector in Thailand, has just lately been ranked second globally for sustainable development within the food production industry in the newest Corporate Sustainability Assessment (CSA) conducted by S&P Global.
This marks the fifth consecutive year that Mitr Phol Group has been included in the rankings, having climbed from seventeenth in their first assessment 12 months to second amongst 353 participating organisations this time around. This significant achievement demonstrates the Group’s dedication to reaching international sustainability standards, sustaining transparency, and adhering to the same requirements as main companies listed on the Stock Exchange of Thailand (SET) and world enterprises.
A testomony to Mitr Phol Group’s sixty six yr lengthy success, the esteemed ranking highlights the organisation’s focus on sustainable improvement that meets worldwide benchmarks whereas securing worldwide recognition in financial, social, and environmental spheres. This, in turn, supports the sustainability of all their operations.
Final , Chairman of Mitr Phol Group, emphasised the importance of creating sustainability for society, the environment, and all related parties in the modern enterprise landscape. He additional acknowledged that, in pursuing organisational sustainability, it’s critical not solely to focus on enterprise growth however to additionally prioritise the welfare of all stakeholders, together with sugarcane farmers, partners, customers, communities, society, and employees, reviews Bangkok Post.
Operating a sustainable enterprise contributes to building competitiveness and dealing with unexpected adjustments. As an agro-industrial enterprise, Mitr Phol Group seeks to benefit all stakeholders by selling sustainable development, pushed by digital expertise and innovation adoption alongside the business worth chain.
Recognising the agricultural sector’s potential to contribute to food security and prolong into providing green vitality and bio-based products that cater to each industrial and consumer needs, the Group has prioritised the event of raw materials throughout the value chain. This focus ensures that the cane and sugar produced preserve high quality standards to be used as bio-based uncooked supplies. Subsequently, Mitr Phol Group just lately turned the first company in Thailand to receive Bonsucro EU-RED certification, indicating that its ethanol production aligns with the European Union’s sustainability requirements.
In line with the United Nations Sustainable Development Goals (SDGs), Mitr Phol Group remains devoted to selling sustainable development in all economic, social, and environmental elements. The group adheres to international sustainability assessment standards akin to the Dow Jones Sustainability Indices (DJSI).
The latest assessment noticed Mitr Phol Group achieving higher scores across all categories, encompassing financial elements such as supply chain management and making certain transparency in enterprise operations. Social features include the development and care of stakeholders’ quality of life, and the Group aims to turn into a carbon-neutral organisation by 2030 within the environmental side, targeting net zero greenhouse gas emissions by 2050..