CKPower named to ESG100 list for fourth consecutive year
Selected from 921 listed securities, the inclusion reflects CKPower's consistent commitment to environmental, social, and governance (ESG) principles. The company's sustainability efforts are driven by its "C-K-P" strategy, which focuses on clean electricity, social responsibility, and long-term partnerships.
CKPower aims to achieve 100% renewable energy consumption across its operations by 2043, with more than 95% of its capacity to come from renewables by that year. It has also set a target of reaching net-zero greenhouse gas emissions by 2050. In parallel, the company works to promote human rights, support local communities, and improve quality of life through clean energy and social development projects. Internally, CKPower fosters a sustainability-first mindset among its employees through its 'Transition in Action' initiative, integrating ESG principles across the organisation to support long-term, inclusive growth.
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Bangkok Post
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- Bangkok Post
CK Power earns regional recognition from FinanceAsia
CK Power Plc, a leading renewable energy producer in Southeast Asia, has been awarded the Bronze Award for Best Managed Company in the Asia's Best Companies Poll 2025 by FinanceAsia, a financial publication based in Hong Kong. The recognition underscores CKPower's effective corporate management, strong investor confidence, and commitment to sustainable growth across the region. The annual poll evaluates Asia's top-performing companies based on input from fund managers, analysts, investors, and financial experts. Key criteria include corporate strategy, transparency in investor relations, consistent growth, and resilience in a dynamic economic environment. Thanawat Trivisvavet, managing director of CKPower, said the award reflects the company's commitment to good governance, transparency, and long-term sustainability. 'This accolade reinforces our ability to maintain stability amid global uncertainties and energy transition challenges,' he said. 'Our success is driven by the C-K-P strategy: Clean Electricity, Kind Neighbour, and Partnership for Life.' Under this strategy, CKPower aims to achieve 100% renewable energy consumption within its operations by 2043, with more than 95% of its installed capacity to be from renewables. The company has committed to reaching net-zero greenhouse gas emissions by 2050. It also prioritises community engagement, human rights, and ethical business conduct, while fostering inclusive and sustainable development. Looking ahead, CKPower plans to scale up its renewable energy portfolio, focusing on both hydropower and solar. This includes expanding solar capacity through private power purchase agreements and government auctions, with support from the sale of Renewable Energy Certificates (RECs).
Bangkok Post
08-07-2025
- Bangkok Post
Thai ESG X funds garner B32.2bn in investment
Thai ESG Extra (Thai ESG X) funds attracted strong interest from investors, particularly holders of matured long-term equity funds (LTFs), tallying total investments of 32.2 billion baht by the end of the offering period on June 30, according to the Securities and Exchange Commission (SEC). Of the amount, 25.1 billion baht came from LTF conversions, while 7.08 billion was new capital. The converted LTF value represents 79% of eligible LTF holders with portfolios of less than 500,000 baht, highlighting the success of encouraging sustainable investing among retail investors, noted the SEC. Thai ESG X funds are a government-backed initiative to encourage investment in companies focused on environmental, social and governance (ESG) factors. The measure also aims to enhance the stability of Thailand's capital markets by offering tax incentives for new investments in Thai ESG X. "The success of Thai ESG X demonstrates investors' growing interest in supporting Thai listed companies that prioritise sustainability," said Pornanong Budsaratragoon, secretary-general of the SEC. These funds also incentivise firms still in development to align with ESG standards, in line with the country's sustainable development goals, she said. According to Mrs Pornanong, the programme represents a coordinated effort between the SEC, the Stock Exchange of Thailand and the Association of Investment Management Companies. The linked system that verifies LTF holdings across the industry can serve as a foundation for future innovations in investor services, she said. Thai ESG X funds, which were launched on May 2, offer two tiers of tax benefits. For general investors, investment in Thai ESG X allows a personal income tax deduction of up to 30% of assessable income, capped at 300,000 baht. Investors must hold the units for at least five full calendar years from the date of investment. For LTF unitholders as of March 11, 2025 who opted to switch 100% of their LTF units to Thai ESG X funds from May to June, 2025, they can claim up to 500,000 baht in tax deductions over the tax years 2025-29, comprising 300,000 baht in 2025 and 50,000 baht per year in subsequent years. For example, an investor who switches LTF units worth 380,000 baht to Thai ESG X can deduct 300,000 baht in the 2025 tax year and 20,000 baht annually from 2026 to 2029. Mrs Pornanong said ongoing market volatility led to new investments in Thai ESG X funds tallying less than 10 billion baht.
Bangkok Post
07-07-2025
- Bangkok Post
CKPower named to ESG100 list for fourth consecutive year
CK Power Plc has been included in the 2025 ESG100 list by the Thaipat Institute, marking the company's fourth consecutive year of recognition. Selected from 921 listed securities, the inclusion reflects CKPower's consistent commitment to environmental, social, and governance (ESG) principles. The company's sustainability efforts are driven by its "C-K-P" strategy, which focuses on clean electricity, social responsibility, and long-term partnerships. CKPower aims to achieve 100% renewable energy consumption across its operations by 2043, with more than 95% of its capacity to come from renewables by that year. It has also set a target of reaching net-zero greenhouse gas emissions by 2050. In parallel, the company works to promote human rights, support local communities, and improve quality of life through clean energy and social development projects. Internally, CKPower fosters a sustainability-first mindset among its employees through its 'Transition in Action' initiative, integrating ESG principles across the organisation to support long-term, inclusive growth.
