Bangkok: Thai Oil Public Company Limited has been awarded the highest level of AAA in the SET ESG Rating for 2025, marking its third consecutive year of success.

According to Thai News Agency, the Stock Exchange of Thailand has recognized Thai Oil’s outstanding performance in the resource industry sector by awarding it the top rating in the SET ESG Rating 2025 assessment. This accolade is given to companies that excel in sustainable development principles.

Recently, Thai Oil received the highest rating, AAA, in the SET ESG Rating 2025. This reflects the company’s commitment to conducting business amidst global economic challenges and the energy transition, all within a sustainable business framework and effective management of ESG (Environment, Social, and Governance) dimensions.

In the Environmental Dimension, Thai Oil has set a Net Zero target by 2060 through its 3Cs strategy, which includes reducing existing emissions, compensating residual emissions, and controlling future emissions. The company aims to invest in high-value, low-carbon businesses and accelerate its Net Zero target to 2050 with the support of viable technologies.

For the Social Dimension, Thai Oil focuses on sustainable community and societal development, fostering long-term relationships and shared growth. This includes expanding reforestation projects for carbon credits and providing supplementary income through initiatives like seedling cultivation. The company also plans to widen vocational training and improve quality of life through activities like mushroom cultivation and solar power installations.

In the Governance Dimension, Thai Oil aligns its business strategy with the concept of “Empowering Strength for Powering Growth,” aiming for lower-carbon, environmentally friendly products under good corporate governance. The company integrates GRC (Governance, Compliance, and Rationale) principles throughout its supply chain to ensure transparent and sustainable operations.

This achievement highlights Thai Oil’s adaptability and commitment to stakeholder value, social and environmental responsibility, and innovation in improving quality of life and creating shared value.