In today’s business world, the approach to sustainable growth is no longer just a passing trend. It has become a crucial principle that organizations around the globe must consider. ESG (Environment, Social, Governance) refers to conducting business responsibly by focusing on environmental stewardship, social contributions, and good governance. This approach is being recognized as a new standard for business operations that go beyond financial benefits to address the impact businesses have on the planet and communities.
Ngern Tidlor is one of the organizations that has adopted the ESG approach in its operations at all levels. From internal management and providing transparent financial services to community and environmental development initiatives, Ngern Tidlor sees sustainable business practices as more than a short-term goal—it is a long-term strategy that contributes to both business growth and societal development.
ESG: The DNA of Ngern Tidlor’s Business Operations
At Ngern Tidlor, the ESG approach is integrated into the DNA of the organization, demonstrated through consistent activities and projects aimed at creating benefits in three main dimensions:
- Environment: Emphasizing efficient resource usage, such as reducing plastic use in offices. Implementing waste segregation for recycling. Promoting energy efficiency to minimize environmental impacts. These actions support the concept of a circular economy, which focuses on maximizing resource utilization and minimizing waste.
- Social: Committed to community support and development, especially through financial literacy programs. These programs aim to reduce inequality and provide opportunities for people who lack access to financial services.
- การกำกับดูแลที่ดี (Governance): Practicing transparency and accountability across all business dimensions. Ensuring fair business practices by not exploiting customers and providing accurate information to consumers. These principles have established Ngern Tidlor as a trusted organization among its customers and stakeholders.
From Approach to Action: ESG-Driven Projects
One of the notable initiatives reflecting the ESG approach is the project called “Your Jackets, Their Comfort”. This project showcases Ngern Tidlor’s dedication to efficient resource utilization and community support. Employees participated by transforming old jackets into blankets for those affected by cold weather in Chiang Rai province. This process exemplifies Upcycling (Upgrade + Recycle), turning discarded materials into new, higher-quality, and functional products.
Furthermore, the "Your Jackets, Their Comfort" initiative is just one of many examples where Ngern Tidlor incorporates ESG principles. Other projects include supporting foundations such as Teach for Thailand and Mae Fah Luang Foundation to enhance the quality of life for people in remote areas.
Instilling ESG Principles Among Ngern Tidlor Employees
A significant challenge in implementing ESG is ensuring that all employees understand and actively engage. Ngern Tidlor addresses this by embedding ESG practices into daily activities, such as encouraging employees to use cloth bags instead of plastic ones, reducing the use of unnecessary resources, and promoting social responsibility awareness. These efforts make ESG more than just a policy-level concept but rather a practical, everyday aspect of work.
ESG and Ngern Tidlor’s Future: Toward Sustainable Growth
Looking toward the future, sustainable growth remains a primary goal for Ngern Tidlor. ESG principles not only enhance business stability but also create value for society and the environment. This strategy enables Ngern Tidlor to stand out in the business world while generating positive impacts on communities and the planet in the long term.
For Ngern Tidlor, building a sustainable society is not the responsibility of one person alone but a collective duty of everyone in the organization.
Conclusion
The adoption of ESG principles by Ngern Tidlor goes beyond responding to today’s business challenges. It lays the foundation for a sustainable future in terms of environmental stewardship, social development, and responsible governance. Efficient resource management, community support, and transparent, fair business practices are all integral to achieving sustainability. These practices position Ngern Tidlor for steady growth while contributing to societal well-being for years to come.