PR Newswire
01 Dec 2022, 16:06 GMT+10
BANGKOK, Dec. 1, 2022 /PRNewswire/ -- Delta Electronics (Thailand) PCL. was included in the ASEAN Asset Class by the ASEAN CG Scorecard Project for excellence in corporate governance. The recognition was announced after a review of evaluation results in the 2021 ASEAN Corporate Governance Scorecard (ACGS), an initiative of the ASEAN Capital Markets Forum (ACMF) toward ASEAN integration.
Delta Thailand Included in ASEAN Asset Class by the ASEAN CG Scorecard Project for Excellence in Corporate Governance
The ASEAN CG Scorecard Project conducts a peer-review process every two years with participation from six ASEAN countries Indonesia, Malaysia, Philippines, Thailand, Singapore, and Vietnam. Regional companies are assessed considering criteria from international good corporate governance principles such as OECD Principle, ICGN-Corporate Governance Principle, World Bank-CG ROSC, UK Code and ASX Code.
The appraisal is conducted for ASEAN listed companies with market capitalization at the Top 100. Recognitions include:
Delta Thailand was among over 230 recognized companies in the ASEAN Asset Class, scoring at least 97.5 points in the 2021 ACGS. Recognized companies were invited to attend the 2021 ACGS ASEAN Virtual Awards hosted by the Institute of Corporate Directors Philippines and held on December 1, 2022.
As a corporate global citizen listed on the Stock Exchange of Thailand (SET), Delta Thailand has earned numerous recognition for excellence in corporate governance including the "Excellent" score of 94% in the Corporate Governance Report of Thai Listed Companies for six consecutive years by the Thai Institute of Directors Association.
Delta's years of excellent corporate governance performance underscore its successful sustainable development strategy and corporate practices. Delta commits to adding value to stakeholders and delivering on its brand promise: Smarter. Greener. Together.
About Delta Electronics (Thailand) Public Company Limited
Founded in 1988, Delta Electronics (Thailand) PCL. is a global producer of power and thermal management products and solutions. The company is a subsidiary of Delta Electronics, Inc. with the mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," which reflects the company's strong belief in sustainable development especially with issues related to the environment.
As an energy-saving solutions provider with core competencies in power electronics and innovative research and development, Delta's business categories include Power Electronics, Automation, and Infrastructure. The company's global presence is supported by its sales offices in key regions around the world; manufacturing facilities in India, Slovakia and Thailand; and several R&D centers located in Thailand, India, Germany and other countries.
Delta continues to earn numerous recognitions for its achievements in the region and domestically. Some awards won include the prestigious ASEAN Business Award, Stock Exchange of Thailand's Best Company Performance Award and the coveted Prime Minister's Best Industry Award.
For detailed information about Delta Thailand, please visit: www.deltathailand.com
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationGENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
NEW YORK, New York -U.S. stock markets closed with broad gains on Thursday, led by strong performances in U.S. tech stocks, while European...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...