IRPC Public Company Limited has proudly clinched a spot in the illustrious “Top 10% S&P Global Corporate Sustainability Assessment Score 2023” roster and has cemented its place as a distinguished member of the Dow Jones Sustainability Index (DJSI) for an impressive 11th consecutive year within the Oil & Gas Refining and Marketing industry. This accolade, bestowed by S&P Global, comes as part of their renowned Sustainability Yearbook 2024.
In a grand ceremony held at the Bangkok Marriott Marquis Queen’s Park, Bangkok, key representatives of IRPC, including Executive Vice President of Corporate Affairs, Arisara Suthasut (7th from left), and Senior Officer of Strategy and Sustainability, Pilada Pookboonmee (4th from left), proudly accepted the Top 10% S&P Global Corporate Sustainability Assessment (CSA) Score 2023 award. This recognition places IRPC amidst a league of elite performers, standing out from over 9,400 companies worldwide.
The distinction of being reselected as a DJSI member for the 11th year in a row is testament to IRPC’s unwavering dedication to sustainable business practices, an ethos deeply embedded in social responsibility, robust corporate governance, and a comprehensive consideration for all stakeholders.
Delving deeper into the core of IRPC’s mission, the company’s unwavering commitment to sustainability goes beyond mere accolades. Through integrating Environmental, Social, and Governance (ESG) principles into the very fabric of its operations, IRPC focuses zealously on creating a balanced ecosystem where economic, social, energy trends, and shifting global consumer behaviours harmoniously coexist.
Innovation, knowledge, and cutting-edge technology serve as the backbone of IRPC’s endeavours to drive product development, all orchestrated to propel Thai society towards a brighter, more sustainable future. Recognizing the dynamism of contemporary challenges, IRPC adapts fluidly, ensuring its strategies are not only resilient but also revolutionary – setting new paradigms in the industry.
Understanding that sustainability is a journey, not a destination, IRPC continuously evaluates its impact and evolves accordingly, demonstrating a model of how modern businesses can thrive while fostering a better, greener, and more socially-conscious world. This blend of forward-thinking leadership and pragmatic sustainability practices underscores IRPC’s role as a beacon in the Oil & Gas sector, pointing the way to a more responsible and sustainable future.
Impressive achievement by IRPC! Being in the top 10% globally is no small feat.
Agreed, but can an oil company truly be ‘sustainable’?
It’s complicated. They seem to be striving towards balance. Any step forward is progress.
But how much of it is just PR? Actions speak louder than words.
I’m skeptical. Oil companies have a long way to go to make up for their environmental impact.
True, but at least they’re trying to improve. It’s better than doing nothing.
Exactly, every little bit helps. We have to start somewhere.
Do you think it’s genuine? Or just a way to appease stakeholders?
They only do this to look good to investors. Real sustainability comes from smaller, more agile companies.
While that’s true, big companies have more resources to make significant changes.
Yeah, but they also have more influence and responsibility. They need to do more.
Seeing IRPC’s continuous effort over 11 years is commendable. Consistency matters.
It’s interesting to see such accolades for an oil company. Hope they’re making real changes.
I wonder how the locals near their operations feel about these ‘sustainable practices’.
Exactly! Ground reality can be very different. Corporate sustainability reports often paint a rosy picture.
And that’s the problem. If it’s just on paper, it doesn’t help anyone.
S&P Global and DJSI recognitions are reputable, but we need to dig deeper.
True, these awards can sometimes be misleading.
This award could mean they’re changing, but history says otherwise for oil companies.
Hopefully, IRPC’s efforts inspire others in the industry to follow suit.
Great to see Thai companies being recognized globally!
Yes, but global recognition doesn’t always imply local impact.
That’s a fair point. Still, it’s a step in the right direction.
Corporate sustainability is often just a buzzword. It’s all about the ROI at the end of the day.
What’s the point of a Top 10% accolade if the industry as a whole is harmful?
Sustainability in oil? Sounds paradoxical.
It does. But any industry’s sustainability can evolve.
Let’s hope they genuinely take it seriously and not just for PR.
Exactly, evolution is key. Every industry can improve.
Big corporations claiming sustainability always seem like an oxymoron to me.
I hope IRPC continues to make strides and set a real example in the industry.
Why aren’t there more details on their actual sustainability practices?
Probably because they don’t want to be held accountable for specifics.