Bangkok Post – Mitr Phol Honored as Asia’s Sustainability Leader

The award was presented to Mr. Verajet Vongkusolkit, Chief Executive Officer of Mitr Phol Group’s Thailand Sugar, Energy and New Business Group, on behalf of the company. This achievement confirms Mitr Phol’s commitment to sustainable business practices, strengthens its leadership position in the industry and earns it the recognition it deserves.

Organized by MORS Group, the ACES Awards aim to promote business development and sustainable growth across Asia. They serve as a platform for corporate leaders to share knowledge and best practices, promoting corporate excellence and sustainability. More than 682 companies from the Asian region participated in the selection process this year, and more than 88 Thai companies were represented.

Mitr Phol’s recognition as a Top Sustainability Advocate in Asia reflects its impressive track record in driving sustainability across its operations. Key achievements include:

• Community Empowerment: The company supports educational opportunities and youth empowerment through the Partnership School project. It promotes equality and inclusion by providing employment opportunities for people with disabilities and tailoring skills development programs to their abilities. Mitr Phol sources its products from local producers near its factories, while ensuring food security in local communities through its Safe Vegetable Growing initiative. This initiative improves product quality, creates stable markets, and achieved community income of over 3.3 million baht in 2023.

• Workplace: Mitr Phol has developed an organizational culture that values ​​diversity, encourages innovation and provides a safe, supportive work environment. Open communication is prioritized through regular feedback channels, while a variety of programs encourage employees to explore creative ideas and technological developments.

• Climate Action: The company is committed to achieving carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050. It utilizes renewable energy from sugar production by-products, including biomass energy and ethanol. Mitr Phol’s eco-friendly innovations, such as the Mitr Phol ModernFarm, integrate sustainable practices into sugarcane farming and production processes. The Mitr Phol Dan Chang complex in Suphanburi province, Thailand’s first carbon-neutral industrial zone, is a notable achievement that also generates carbon credits through voluntary greenhouse gas reduction projects.

Mitr Phol continues to set a benchmark for sustainable practices in the industry by supporting community empowerment, driving innovation in the workplace and leading climate action. This recognition underlines the company’s vision for a sustainable future built on a foundation of responsibility and excellence.

Person(s) in the Picture:

1. Mr Verajet Vongkusolkit, Chief Executive Officer, Thai Sugar, Energy and New Business, Mitr Phol Group