Delta Electronics Thailand Joins Dow Jones Sustainability Indices 2023 in 3rd Consecutive Year of ESG Recognition

BANGKOK, Thailand, Dec. 14, 2023 /PRNewswire/ -- Delta Electronics (Thailand) Public Company Limited qualified as a constituent of the world-renowned Dow Jones Sustainability Indices (DJSI) 2023 in the third year of recognition for excellent environmental, social & governance (ESG) performance. Delta Thailand remains the only Thailand company in the "ITC Electronic Equipment, Instruments & Components" industry segment in the 2023 DJSI index and is in the DJSI World lists.

Mr. Chang Tsai-hsing (Jackie), Delta Electronics Thailand President, said, "Delta Thailand has been in the DJSI for the past three years, which shows our unwavering commitment to sustainability and collaboration to benefit all stakeholders. As a public-listed electronics company in Thailand and an innovative solutions provider, ESG underpins our long-term sustainable development strategy. Our numerous energy-efficiency projects aim to meet our RE100 target of 100% renewable electricity in global operations by 2030. Meanwhile, we are collaborating with partners to drive talent development and good corporate governance in Thailand."

The S&P Global ESG Score measures a company's performance on and management of material ESG risks, opportunities, and impacts informed by a combination of company disclosures, media and stakeholder analysis, modeling approaches, and in-depth company engagement via the S&P Global CSA. This year, Delta Thailand received an S&P Global ESG Score of 76/100 with data availability and disclosure rate scored "Very High". The company scored well over the industry mean in all three ESG aspects with an outstanding score of 92 out of the industry max score of 97 in the environment category.

S&P Dow Jones Indices, the world's leading index provider, conducts the Corporate Sustainability Assessment (CSA), which comprises a rigorous questionnaire assessing both public and non-public data submitted by participating companies. Out of over 7,800 companies assessed from 61 industries in the 2022 Corporate Sustainability Assessment (CSA), 712 companies were selected for the S&P Global Sustainability Yearbook 2023 based on their ESG Scores.

The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companies selected using ESG criteria. The DJSI World applies a transparent, rules-based constituent selection process based on the companies' S&P Global ESG Score in the annual S&P Global CSA. In the 2022 CSA, 145,000 documents were assessed, and 14 million data points were collected.

Delta Thailand has solar rooftop systems with a total of 7.1 MWp capacity at four Thailand factories. Delta Thailand continuously evaluates climate risk, impact and opportunity and implements TCFD disclosure every year. The company earned the highest "A" grade as a "Supplier Engagement Leader" in the 2022 CDP Supplier Engagement Rating in recognition of action to measure and reduce climate risk within the company's supply chain.

In 2021, Delta Thailand joined the DJSI index for the first time after two consecutive years of S&P Global Silver Class Awards. As a DJSI index member, Delta has a globally recognized ESG leadership role in Thailand and the region with recognition for sustainability activities including energy efficiency projects, local talent development and anti-corruption actions. Delta's extensive reporting and data collection help to measure and encourage recycled materials usage and carbon footprint tracking of its products.

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

SOURCE Delta Electronics