Frasers Property Commercial (Thailand) receives Best Corporate Social Impact 2023 award from Cosmopolitan The Daily

Thursday 31 August 2023 11:29
Frasers Property Commercial (Thailand) or "FPCT", a leading grade A commercial and mixed-use property developer in Bangkok's central business district (CBD), under Frasers Property (Thailand) Public Company Limited or "FPT" has been honoured with the award for Best Corporate Social Impact Thailand 2023 from Cosmopolitan The Daily, a United Kingdom-based business publication. This recognition celebrates companies that demonstrate excellence in business operations and sustainability. This award acknowledges FPCT's efforts in delivering impactful campaigns that contribute to improving people's lives as a leading real estate company dedicated to inspiring experiences and creating places for good.
Frasers Property Commercial (Thailand) receives Best Corporate Social Impact 2023 award from Cosmopolitan The Daily

Mr. Withawat Koottatep, First Executive Vice President of Commercial Development of Frasers Property Commercial (Thailand), said: "As a frontrunner in commercial real estate, we take a customer-centric approach to delivering products and services. Throughout the design, development, and service preparation phases, we are committed to international sustainability standards that set the benchmark for the next generation of office buildings, catering to the needs of tenants and occupants while upholding sustainable business practices."

Ms. Thiranant Kornsritipa, Executive Vice President, Retail Business Development of Frasers Property Commercial (Thailand), added: "In addition to environmental care, the company also emphasizes the community aspect. In the realm of retail development, the company has incorporated the "Placemaking" concept aims to create enriching spaces that elevate people's quality of life by utilizing retail areas to benefit the broader society. FPCT has actively participated in multiple campaigns aimed at shaping a brighter future for society, promoting equality awareness, and fostering a culture of continuous learning."

The Best Corporate Social Impact Thailand 2023 award affirms FPCT's commitment to the three ESG dimensions: Social, Environmental, and Corporate Governance. This is embodied in its"3Cs to Progressive Change" initiative, which aims to achieve three transformative goals through FPCT's achievements. These include:

1.Cultivating Societal Betterment: Promoting a friendly and inspiring social environment

FPCT's Samyan Mitrtown has established 'C asean Samyan CO-OP,' a co-learning space within the mall spanning 1,400 sqm and offering a conducive learning environment and versatile workspace for students and individuals at no charge. This space is designed to facilitate studying, working, and self-development. With over 120,000 registered account holders and a monthly user base of 50,000, the co-learning space has become a hub for active engagement and growth.

Samyan Mitrtown has also supported the "Friends Donate Blood & Extend Lives for One Another" campaign, a quarterly blood donation effort. Over the course of 12 campaigns, over 4 million cc of blood were collected for the Thai Red Cross Society. Amidst the challenges posed by the Covid-19 pandemic, FPCT initiated "Mitr Pan Mitr," utilising its space to gather and distribute food within the community. This endeavour has contributed to alleviating living costs for those impacted by the pandemic.

Furthermore, FPCT recognises and embraces the importance of diversity by actively promoting equality and gender inclusivity. This is put into practice through campaigns that endorse equality both within the corporate realm and in society at large. Initiatives such as International Women's Day and Pride Month help foster this inclusive ethos. Additionally, FPCT has extended its commitment to diversity with the introduction of employee benefits such as gender equality marriage leave benefits and provisions for gender reassignment surgery.

2.Crafting a Greener Future: Creating positive changes for environment

Aligned with Frasers Property Thailand's goal and strategy to achieve net-zero by 2050, FPCT operates with a conscious effort to minimise environmental impact and preserve nature across all facets. This entails adhering to international green standards in building design, enhancing green spaces within building areas, and implementing energy-efficient systems within its developments. Commercial properties managed by FPCT, including Park Ventures Ecoplex, FYI Center, Sathorn Square, and Samyan Mitrtown, have attained LEED (Leadership in Energy and Environmental Design) certifications at gold and platinum levels. These certifications reflect our continuous efforts in embedding sustainability within our buildings.

3.Championing Resilience through Sound Governance: Nurturing business on a foundation of effective governance

FPCT upholds Frasers Property Thailand's corporate governance policy as its fundamental guiding principle. The company strictly adheres to this policy, ensuring equitable treatment of all stakeholders.

As a leading developer in office buildings and retail spaces, Fraser Property Commercial (Thailand) strives to enrich both society and individuals. By upholding environmental responsibility and actively contributing to society, the company aims to deliver inspiring experiences for all which contributes to the growth of both the organization and society at large.

Source: Frasers Property (Thailand)