Delta Maintains Excellent Score in 2020 Corporate Governance Report of Thai Listed Companies for Fifth Consecutive Year

Bangkok, Thailand, November 25, 2020– Delta Electronics (Thailand) PCL. maintained an “Excellent” score of 93% in the Corporate Governance Report (CGR) of Thai Listed Companies 2020 for the fifth consecutive year. The Thai Institute of Directors Association (Thai IOD), with support from the Stock Exchange of Thailand (SET), conducts the CGR every year to assess corporate governance practices of Thailand’s listed companies.

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 2020, Delta is one of the 240 companies to score 90% or above with five logos and an “Excellent” score.

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 692 listed companies. The overall average score of 83% is the highest average score since the report began in 2001.

The 2020 CGR categorical average scores passing the 80% threshold were in Rights of Shareholders (94%), Equitable Treatment of Shareholders (94%), Disclosure and Transparency (87%), and Role of Stakeholders (83%).

Delta’s years of excellent CGR score proves the company’s successful sustainable development and 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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04 December 2020