King Stella Group Wins the Krungsri ESG Awards 2024, Reinforcing its Leadership in ESG and Commitment to Sustainable Business Development

Technology News Thursday November 14, 2024 13:24 —PRESS RELEASE LOCAL

King Stella Group Wins the Krungsri ESG Awards 2024, Reinforcing its Leadership in ESG and Commitment to Sustainable Business Development

King Stella Group Wins the Krungsri ESG Awards 2024, Reinforcing its Leadership in ESG and Commitment to Sustainable Business DevelopmentKing Stella Group (KSG) has been honored with the Krungsri ESG Awards 2024, organized by Krungsri Bank, which recognizes companies that excel in conducting business based on environmental, social, and governance (ESG) principles. This year, King Stella Group was acknowledged for its dedicated and comprehensive application of ESG across all dimensions of its operations. This achievement reflects the company's commitment to balancing growth with social and environmental responsibility, as well as strong governance.

Mr. Chanapan Kittikasemsak, Chairman, and Ms. Wilasinee Kittikasemsak, Vice-Chairman of King Stella Group Co., Ltd. (KSG), accepted the Krungsri ESG Award at a recent ceremony. Mr. Chanapan remarked, "At King Stella Group, we prioritize ESG principles because we believe the sustainability of our business depends on nurturing all aspects?environmental, social, and governance. Our approach includes managing a sustainable supply chain and strengthening risk and crisis management to ensure the company's resilience."

Last year, KSG introduced its "Transition Plan" to align its business strategy with ESG principles, setting a goal to reduce greenhouse gas emissions by 30% by 2030. This target supports the Sustainable Development Goals (SDG Move) and includes the integration of clean energy, such as a 411 kWh solar rooftop installation, to power the production of products across the Air Care, Car Care, Home Care, Pet Care, and Personal Care categories. Additionally, KSG has earned Green Industry Level 3 certification and is the first in Thailand to achieve Carbon Footprint of Product (CFP) certification for its air freshener sprays and King's Stella Vegga produce wash.Receiving this award marks a significant milestone for King Stella Group in its journey to lead in ESG-based business practices. It also fuels the company's commitment to innovate for family well-being in line with its vision, "Empowering Family Lovers?The Company for Family Lovers," to ensure that families can care for their loved ones better and more sustainably in the future.

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