Bangkok Airways Public Company Limited (BA) continues its upward trajectory as a sustainability and corporate governance leader, securing distinguished accolades for 2024. The airline achieved a BBB rating in the “SET ESG Ratings 2024” by the Stock Exchange of Thailand (SET) and a “CGR 4 Stars – Very Good” rating from the Thai Institute of Directors Association (IOD). These achievements highlight Bangkok Airways’ commitment to sustainable growth and world-class corporate governance.

Exceptional ESG Performance

Out of 228 companies listed as sustainable stocks in the SET ESG Ratings 2024, Bangkok Airways emerged as a standout performer in the Services sector. With only 43 companies meeting the rigorous evaluation criteria, BA’s BBB rating underscores its leadership in environmental, social, and governance (ESG) initiatives. This recognition places the airline at the forefront of sustainable aviation in Thailand.

Mr. Puttipong Prasarttong-Osoth, President of Bangkok Airways Public Company Limited.

Corporate Governance Leadership

Complementing its ESG success, Bangkok Airways earned a 4-star rating for corporate governance from the IOD, reflecting its strong commitment to transparency, accountability, and ethical business practices. This rating reinforces the airline’s reputation as a trusted and responsible organization.

Words from the Leadership

Mr. Puttipong Prasarttong-Osoth, President of Bangkok Airways, shared his thoughts on the recent accolades, stating, “These achievements reflect our unwavering dedication to sustainability and good governance. Guided by our vision to ‘Connect Your Happiness,’ we integrate sustainable practices into every aspect of our operations, ensuring we deliver value to all stakeholders while addressing global challenges.”

Comprehensive Sustainability Approach

Bangkok Airways’ commitment to sustainability spans a range of initiatives, including reducing carbon emissions, optimizing resource efficiency, and supporting community development. These efforts align with international sustainability benchmarks, enabling the airline to tackle environmental and social challenges effectively while fostering long-term resilience.

Industry Pioneer

The recognition from SET and IOD further cements Bangkok Airways’ status as a trailblazer in sustainable aviation. By setting an example for others in the industry, the airline demonstrates that profitability and responsibility can go hand in hand.

Future Horizons

Looking ahead, Bangkok Airways is well-positioned to achieve even more significant milestones. Its focus on innovation, customer satisfaction, and sustainability ensures that it remains a driving force in shaping the future of aviation in Asia.

Written by: Anne Keam

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