WHA Receives 3 Prestigious Awards from SET Awards 2022 in Sustainability Excellence and Business Excellence Categories Reflecting Its Sustainability-Integrated Operations

Shown in photo: Ms. Jareeporn Jarukornsakul (center), Chairman and Group CEO of WHA Corporation PCL (WHA Group), together with Mr. Somkiat Masunthasuwun (left), Chief Executive Officer, WHA Utilities and Power Public Company Limited and Ms. Jarucha Satimanont (right), Managing Director, WHA Industrial REIT Management Company Limited, recently received SET Awards 2022 from the Stock Exchange of Thailand.

Bangkok, October 31, 2022 – WHA Group has received three prestigious SET Awards 2022 in Sustainability Excellence and Business Excellence Categories from the Stock Exchange of Thailand (SET) as follows:

• WHA Corporation Public Company Limited: Commended Sustainability Awards in the Sustainability Excellence category
• WHA Utilities and Power Public Company Limited: Best Innovative Company Awards in the Business Excellence category
• WHA Industrial Leasehold Real Estate Investment Trust: Outstanding REIT Performance Awards in the Business Excellence category

The award ceremony was held at the Stock Exchange of Thailand (SET), in cooperation with Money & Banking magazine.

“I am very proud that WHA Group has received 3 SET Awards in both Sustainability Excellence and Business Excellence categories,” said Ms. Jareeporn Jarukornsakul, Chairman and Group CEO of WHA Corporation PCL. “All these awards reflect our organization's commitment to sustainable development and growth by maximizing innovation and technology to create sustainable value and balance business principles. I would like to thank all WHA executives and staff for their active participation and relentless efforts towards sustainable development and growth,” she said.

As part of its ongoing roadmap to become a tech company in 2024, WHA Group has adopted sustainable policies across its four business hubs – Logistics, Industrial Development, Utilities & Power, and Digital Platform. Utilizing smart technologies and innovations, a series of initiatives have been undertaken to enable economic and financial growth while protecting the environment and reducing the effects of climate change.

Over the years, WHA Group has undertaken a number of outstanding environmental projects. Initiated in 2016, the “Clean Water for Planet” project facilitates wastewater management and treatment, as well as knowledge transfer to communities to create a better understanding and instill public awareness on the importance of natural resource conservation. The Group has carried out the construction and delivered wastewater treatment systems to various communities to improve water quality in canals by using an environment-friendly constructed wetland, inspired by H.M. King Bhumibol Adulyadej the Great (King Rama 9). To date, WHA Group has delivered a wastewater treatment system to Pluak Daeng Subdistrict Administrative Organization in Rayong and has participated in a constructed wetland project for Nong Khla Subdistrict in Chanthaburi.

By 2025, the company targets to double the capacity of its Reclamation Water Projects, from 30,200 m3 to 60,400 m3 per day, to save 6.9 million m3 of total water withdrawal from natural sources and water discharge into public waterways for long-term water security. It helps secure raw water resources in the long term and can be converted into demineralized water or high-quality water for industrial customers in WHA Group’s industrial estates.

Clean energy, including solar energy, is another priority of WHA Group with the development of solar rooftops and waste-to-energy projects such as the Chonburi Clean Energy power plant. This year, WHA Group expects to reach 150 MW for signed Power Purchase Agreements (PPAs) from solar rooftops and is targeting 300 MW by the end of 2023. In addition, the Group achieved carbon neutrality in 2021 and has committed to reaching Net Zero CO2 emissions by the year 2050. Co-developed with PTT and Sertis, the Renewable Energy Exchange ("RENEX") platform, a Peer-to-Peer Energy Trading system using Blockchain technology, will help reduce CO2 emissions by over 4.3 million tons during the project’s life cycle.

Throughout the years, WHA Group has also been a leader in community projects involving social welfare, education, youth and sports, health, talent development and community empowerment. Coupled with its adherence to UN sustainable development goals and ESG principles, this underlines the SET Awards 2022 jury’s decision to select WHA Group for the coveted Sustainability Awards. The Group is also ranked as a 2022 sustainable stock or THSI (Thailand Sustainability Investment) in the real estate and construction sector from the Stock Exchange of Thailand for the 3rd consecutive year.