Delta Maintains Excellent Score in 2019 Corporate Governance Report

Bangkok, Thailand, October 30, 2019 - Delta Electronics (Thailand) PCL. maintained its excellent score in the Corporate Governance Report (CGR) of Thai Listed Companies 2019. The Thai Institute of Directors Association (Thai IOD), with support from the Stock Exchange of Thailand (SET), conducts the CGR every year.
 
Established in 1999, the Thai IOD is a membership organization that aims to promote professionalism in directorship. This year the IOD and SET conducted the CGR assessing 677 companies with an overall average score of 82%, the highest average score since the project’s launch in 2001.

The 2019 CGR categorical average scores passing the 80% threshold were those in Rights of Shareholders (94%), Equitable Treatment of Shareholders (92%), Disclosure and Transparency (86%), and Role of Stakeholders (81%). Though, the Board Responsibilities category registered an average score of 75%, it exhibited the most improving average CG performance.

The CGR classifies companies into six groups according to their corporate governance scores. The top five groups of companies have scores over 50% and one to five National Corporate Governance Committee logos to signify their level of recognition. In 2019, Delta is one of the 193 companies, 29% of all assessed companies, to score 90% or above with five logos and an “Excellent” score.
 
Delta’s longstanding excellent CG score is proof of the company’s successful sustainable development and good corporate practices. As a SET-listed company and global corporate citizen, Delta commits to adding value to stakeholders and delivering on its brand promise: Smarter. Greener. Together.

 

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30 October 2019