Siam Motors Group Recognized for Sustainability Efforts at UN Forum
The automotive conglomerate earns ‘Climate Action Leaders Recognition’ for its environmental and social governance commitments.
Siam Motors Group (SMG), a prominent player in the automotive and industrial sectors with over 70 globally recognized brands, including DAIKIN, KOMATSU, NISSAN, Kia, and GS Battery, has been honored with the ‘Climate Action Leaders Recognition’ for its steadfast commitment to sustainability and environmental stewardship.
The award was presented by Dr. Natcha Likhitkijvorakul, Advisor to the Minister of Natural Resources and Environment, during the ‘Climate Action Forum’ hosted at the United Nations Headquarters in Thailand.
This high-profile event convened representatives from government, the private sector, and civil society to promote collaborative climate solutions and further the United Nations Sustainable Development Goals (SDGs), particularly SDG 17, which focuses on partnerships.
Co-hosted by the Agricultural and Food Marketing Association for Asia and the Pacific (AFMA – UN FAO) and Sustainism, the forum showcased innovative leadership in environmental and climate initiatives.
For more than 72 years, Siam Motors Group has effectively balanced business expansion with a profound sense of environmental and social responsibility.
Presently, the company dedicates significant resources to integrating sustainability across its operations, highlighted by its core commitments to:
- Achieve carbon neutrality by 2050,
- Support the United Nations Sustainable Development Goals (SDGs), and
- Embed comprehensive Environmental, Social, and Governance (ESG) principles into its business model.
In terms of environmental practices, SMG adopts responsible strategies that mitigate climate impact, lessen environmental footprints, and advocate for ecosystem restoration.
Socially, the company prioritizes the well-being of stakeholders, fostering diversity, equity, and support for community development and human rights throughout its supply chain.
In governance, SMG emphasizes transparency, ethical practices, and effective risk management.
Receiving the ‘Climate Action Leaders Recognition’ represents a notable advancement in SMG's ongoing journey towards sustainability.
The group remains devoted to bolstering its sustainability management while accelerating global initiatives aimed at rejuvenating the planet's climate and natural systems for a resilient and sustainable future.