Contributions and Other Spendings
Apart from direct donations in social activities, FPT also supports capable associations and organizations in strengthening and endorsing various public policies, regulations, and rules to foster sustainable growth and balance in all dimensions.
Unit : THB
| Name of organization | Type of organization | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Industrial Estate Authority of Thailand (IEAT) | Trade association | 40,000 | 15,000 | 15,000 | 0 |
| Thai Listed Companies Association | Trade association | 50,000 | 0 | 0 | 0 |
| Ramathibodi Foundation, Ramathibodi Hospital | Trade association | 0 | 0 | 0 | 30,000 |
| King Prajadhipok's Institute | Tax-exempt group | 0 | 0 | 0 | 0 |
| Thai Red Cross Society | Tax-exempt group | 100,000 | 5,500 | 200,000 | 60,000 |
| Mae Fah Luang Foundation under Royal Patronage | Tax-exempt group | 0 | 0 | 1,000,000 | 500,000 |
| Bangkok Post Foundation | Tax-exempt group | 0 | 10,000 | 0 | 0 |
| Young Buddhists Association of Thailand | Tax-exempt group | 420,305 | 0 | 230,000 | 479,365 |
| Thai National Defence College (NDC) | Other | 0 | 110,000 | 0 | 50,000 |
| The Department of Marine and Coastal Resources | Other | 0 | 0 | 0 | 500,000 |
| Green world foundation | Other | 0 | 50,000 | 0 | 0 |
| Total | 610,305 | 190,500 | 1,445,000 | 1,619,365 |
FPT does not endorse or represent any organization at local, regional, or national levels, nor does it support campaigning or electoral activities (such as funding campaigns, voting, etc.). This aligns with the Company's policy against corruption and collusion.
Issues or Topics
In fiscal year (FY) 2024, FPT supported various organizations with diverse objectives, as outlined below.
Unit : THB
| Issue or topic | Description of position/ engagement | Total Amount of Financial Support in FY 2024 |
|---|---|---|
| To support and promote the development of community well-being and social care, while conserving nature and forests in response to climate change | FPT has played a role in supporting various sectoral associations to increase green spaces in Thailand, enabling people to coexist with nature without deforestation. This commitment aligns with achieving a net-zero target by 2050. In the previous year, FPT provided funding support to the Mae Fah Luang Foundation under royal patronage, whose mission aligns with the company's key priorities. | 500,000 |
| To support the conservation, restoration, and management of marine and coastal resources. | Although FPT does not operate near marine and coastal areas, the Company acknowledges the impacts of climate change on marine and coastal biodiversity. FPT is thus committed to mitigating these impacts in alignment with its purpose. FPT has positioned itself as a supporter and protector of marine and coastal biodiversity by providing financial support and promoting tree-planting initiatives in mangrove forest areas. | 500,000 |
Largest Contributions & Expenditures
The top 3 trade associations and tax-exempt groups that received support from the Company in 2024 are as follows.
| Organizations | Purpose of the organization |
|---|---|
| Mae Fah Luang Foundation under Royal Patronage | The Mae Fah Luang Foundation is an organization established under the royal patronage of Her Royal Highness Princess Srinagarindra. It aims to improve the quality of life for disadvantaged people, promote education, foster self-reliance, nurture curiosity to create opportunities in life, conserve forests, understand coexistence between people and forests, and work to preserve the arts, traditions, and cultural heritage of the Lanna region, as well as support various tribal communities in Thailand. |
| Department of Marine and Coastal Resources | The Department of Marine and Coastal Resources operates with the vision of conserving, restoring, and managing marine and coastal resources, as well as preventing and addressing coastal erosion issues to ensure the richness, stability, and sustainability of Thailand's seas, thereby promoting national economic and social security. |
| Young Buddhists Association of Thailand | The Young Buddhists Association of Thailand was established to effectively manage and promote Buddhist evangelism, enabling youth and those interested to learn and practice the Tripitaka through Vipassana-Kammatthana, which builds faith and wisdom. |
Frasers Property Thailand achieves SET ESG Ratings-GRESB-CGR for fourth consecutive year, demonstrating commitment to social responsibility and environmental stewardship.
Frasers Property Commercial (Thailand) receives the prestigious “Customer Experience of the Year – Real Estate” award from The Asian Experience Awards
Frasers Property Thailand maintains its 'A' from TRIS Rating for the third consecutive year, reaffirming its leading role as an integrated real estate developer.
Frasers Property Industrial (Thailand) becomes first existing factory in Thailand to obtain global EDGE certification
Frasers Property’s innovations for sustainable real estate at SX2023
Frasers Property Thailand named one of HR Asia’s ‘Best Companies to Work for in Asia 2023’ Best Companies to Work for in Asia 2023
Frasers Property Thailand supports Thai Red Cross Society with more than 4 million cc of blood donated from blood donation campaigns
Frasers Property Commercial (Thailand) introduces ready-to-use PromptMove Offices aimed at fast-growing businesses.
Frasers Property Commercial (Thailand) receives Best Corporate Social Impact 2023 award from Cosmopolitan The Daily
Frasers Property Commercial (Thailand) joins forces with Frasers Property Commercial Asset Management (Thailand) to spearhead environmental initiatives for effective waste management.
Frasers Property recognized as Thailand’s leading integrated real estate developer by Frost & Sullivan Best Practices Award
