Krungsri ESG Awards Highlights Exemplary Practices of Thai SMEs Driving Sustainable Green Economy

Miss Duangkamol Limpuangthip, Krungsri Head of SME Banking Group, stating, "Krungsri has long been committed to encouraging businesses in Thailand to operate in line with ESG principles, as we believe ESG is not merely a concept but a crucial driver of long-term sustainable growth. We are dedicated to being a strong partner in helping Thai entrepreneurs advance confidently on their sustainability journey, particularly as ESG becomes a key factor in global business collaboration. On this occasion, I would like to commend all participants for their dedication to developing transition plans, which serve as a vital foundation for setting new benchmarks toward truly sustainable business."

A special feature of the Krungsri ESG Awards 2025 is that Krungsri provides an opportunity for exemplary business leaders - selected by a panel of distinguished experts for their outstanding, tangible, and impactful ESG efforts - to share their vision and present their business transition plans toward sustainability on the Krungsri ESG Awards: Minute of Changes stage. This inspirational platform serves as the final judging round of the program this year, where the selected companies present their plans to the panel of judges, expert commentators, and business representatives from various industries. Eight selected SME companies presented their transition plans and comprehensive business concepts, demonstrating how they applied insights gained from the Krungsri ESG Awards and Krungsri ESG Academy programs with remarkable effectiveness. The session also offered valuable guidance and served as a source of meaningful inspiration for the audience, reflecting the program's commitment to fostering creativity, excellence, and the advancement of sustainable business practices.

The distinguished panel of judges for the awards included Mr. Yuttana Jiamtragan, Chairman of the Circular Economy and Environment Steering Committee, Thai Chamber of Commerce and Board of Trade of Thailand; MD. Amporn Jitapunkul, Vice Chairman of the Federation of Thai Industries; Mr. Thada Varoonchotikul, Manager of the Low Carbon Business Certification Office, Thailand Greenhouse Gas Management Organization (Public Organization); Mr. Prachaya Pairojkulmanee, Director of the E-Commerce Division, Department of Business Development, Ministry of Commerce; Ms. Nitivadee Somboon, Assistant Director at the Office of Small and Medium Enterprises Promotion (OSMEP); Assoc. Prof. Dr. Somchai Supattarakul, Faculty of Commerce and Accountancy, Thammasat University; and Mr. Nattakorn Asunee Na Ayudhaya, General Manager of Social Enterprise Thailand.

Additionally, several high-profile commentators contributed valuable insights, including Dr. Soraphol Tulayasathien, Senior Executive Vice President, Head of the Corporate Strategy Division at the Stock Exchange of Thailand; Dr. Savanit Boonyasuwat, BCG Model Taskforce at the Thai Federation of Thai Industries; Ms. Kesara Manchusree, committee member at Khon Kaen University and expert in social business; Asst. Prof. Chol Bunnag, Director of SDG Move; and Ms. Mantinee Akarasern, Krungsri Head of Commercial Marketing Division and Head of both the Krungsri ESG Awards and Krungsri ESG Academy.

Following an intensive evaluation session, the Krungsri ESG Awards 2025 announced its distinguished winners, including five recipients of the "ESG Excellence Performance" award: King Stella Group Company Limited, Good Start for Society Company Limited, Thachang Green Energy Public Company Limited, Laivijit Company Limited, and Saeng Charoen Grand Company Limited. Krungsri also received invaluable support from leading partners specializing in expert consulting and sustainable solutions, including SCG Building and Living Care Consulting and the global energy leader Schneider Electric. These partners joined in presenting awards to encourage and recognize businesses that effectively reduce carbon emissions and enhance energy efficiency in their operations. In addition, 19 other companies were honored with the "Highly Commended ESG Performance" award, recognizing their initiatives and good practices in ESG implementation.

The event also featured the presentation of "Certificates of Pride" to 46 companies that completed the Krungsri ESG Academy 2025 training program. Over the course of this intensive five-month curriculum—designed and delivered by leading national experts—participants gained in-depth knowledge in strategy, tools, and practical applications to lay the groundwork for a long-term sustainable business transition. The program equipped entrepreneurs to compete more effectively in the global market, while reaffirming their commitment to ESG-driven business practices. Participants are now prepared to apply their knowledge toward developing transition plans that deliver tangible and positive outcomes. This initiative not only enhances the capabilities of Thai SMEs but also fosters a collaborative business network that supports mutual growth on the path toward sustainability.

"The successful conclusion of both initiatives this year represents a significant milestone, not only in advancing the capabilities of entrepreneurs but also in reaffirming Krungsri's commitment to being a trusted partner in transforming Thai SMEs toward sustainable and resilient growth," Ms. Duangkamol concluded.

Krungsri remains firmly committed to continuously empowering the Thai business sector. The Krungsri ESG Awards and Krungsri ESG Academy will continue into 2026, aiming to strengthen the competitiveness of Thai businesses and support the development of actionable, sustainable transition plans. Businesses interested in participating can stay informed about ESG insights and upcoming application details by visiting the Krungsri Business Empowerment

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