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AWC listed in the prestigious ASEAN CG Scorecard 2021 for good corporate governance, reflecting its vision of conducting business under a sustainable development framework
Asset World Corp Public Company Limited or AWC, Thailand’s leading integrated lifestyle real estate group, has been listed in the prestigious ASEAN CG Scorecard 2021 in recognition of its good corporate governance, reflecting its vision of operating under a sustainable development framework towards its mission of “Building a Better Future”.
AWC was recognized in the category of ASEAN Asset Class PLCs for listed companies that have been scored above 97.50 points. The award is sponsored by the ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank (ADB) to recognize and honor listed companies in ASEAN that conduct business in accordance with good corporate governance principles.
The ASEAN CG Scorecard was initiated in 2012 to evaluate corporate governance in six ASEAN nations: Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. The data utilized in the assessment are based on disclosed public information that all investors may access, and the assessment method is inspected by regulatory agencies of other countries to ensure that all countries have consistent assessment criteria. For Thailand, the Stock Exchange of Thailand (SET) assigned the Thai Institute of Directors (IOD) to the role of CG Expert as Thailand’s domestic ranking body.
AWC is committed to conducting business in accordance with good corporate governance principles under a sustainable development framework with delivering long-term value to the economy, society, and environment. In 2022, the company has been involved in the good corporate governance index on both national and international scales, rated “Excellence CG Scoring” in the Corporate Governance Report and certified by the Thai Private Sector Collective Action Against Corruption (CAC), and achieved scores of 100 on the AGM Checklist from the Thai Investors Association, rated AA in the MSCI ESG Ratings by Morgan Stanley Capital International, received CGR recognition of 5 stars, rating as “Excellent” from the Thai Institute of Directors (IOD) for a second consecutive year. Additionally, the Company has been listed in THSI for a second consecutive year from the SET. These recognitions reflect that the Company conducts business operations with good corporate governance under a sustainable development framework, consistent with the company’s mission of “Building a Better Future”.