Muang Thai Life Assurance releases its 2568 ESG report, joins the UN PRI (United Nations Priority Initiative), and aims for a Net Zero economy by 2573.

Muang Thai Life Insurance unveiled its 2568 Sustainability Report, announcing its goal of achieving net-zero greenhouse gas emissions by 2573. It is the first Thai life insurance company to sign the UN PRI (United Nations Primary Life Insurance Initiative). The company also aims to expand its ESG investments to 16,000 billion baht by 2571 and develop innovative health solutions to support the aging society.

June 30, 2569 – Mr. Sara Lamsam, Chief Executive Officer, Muang Thai Life Assurance Public Company Limited. Muang Thai Life Assurance's 2568 Sustainability Report reveals its continued commitment to ESG initiatives under the concept of "Boost Your Happiness by Our People," focusing on developing employee capabilities, enhancing products, services, and customer experiences, and achieving tangible sustainable growth. The company announced its goal of achieving net-zero greenhouse gas emissions by 2573 and made history as the first Thai life insurance company to sign the UN Principles for Responsible Investment (UN PRI). It also aims to expand its investment in ESG assets to 16,000 billion baht by 2571, coupled with developing innovations to support an aging society and sustainable growth.

The 2025 Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) standards for the third consecutive year, reflecting our transparent and verifiable business practices and demonstrating our commitment to balancing business growth, customer care, people development, social responsibility, and environmental reduction.

By 2568, Thailand will fully enter an aging society, and consumers will place greater emphasis on preventative healthcare. As a result, retirement planning, long-term health protection, and risk management have become crucial factors in people's financial planning. Therefore, the company continues to develop its business under the principles of good governance, risk management, and innovation to deliver financial security to customers throughout their lives.

Mr. Sara stated that, regarding environmental success, the company aims to become a low-carbon organization to address the climate change crisis as follows:

• The company announced its commitment to achieving a net-zero greenhouse gas emission target in Scope 1 and 2 by 2573.
• Two of the company's buildings, the Sarnsara Learning Center in Ratchaburi Province and 66 Tower, have received the LEED Gold award, reflecting the company's commitment to conducting business while simultaneously caring for the environment.

In terms of social achievements, the company focuses on promoting equal access to health and life insurance (Democratize Insurance) while simultaneously caring for its employees, as follows:

• Fully supporting a super-aged society through the "SILVER Readiness by MTL" strategy, connecting the health ecosystem and nursing home network, and launching the Smart Silver and Smart Silver Plus projects.
• Transform yourself into a proactive health promoter with the “Fit Rewards” feature on the MTL Click application, allowing customers to redeem their health points for renewal premium discounts of up to 15%.
• Promoting financial literacy by launching “MTL Retirement Check,” a tool to help calculate and plan retirement funds effectively.
• In terms of employee care, the company received the “Best Places to Work 2025” award from WorkVenture and the “HR Asia Best Companies to Work for in Asia 2025” award for the fourth consecutive year.

In terms of corporate and economic governance, the company reinforces its industry leadership through strong financial standing and responsible investments, as follows:

• Muang Thai Life Assurance is the first life insurance company in Thailand to sign on the UN-Supported Principles for Responsible Investment (PRI).
• The company aims to increase its investment in ESG-focused assets to reach 16,000 billion baht by 2571.
• The company has a highly robust financial position, with a capital adequacy ratio of over 350% as of the end of 2568, which is 2.5 times higher than the legally required level.
• It has received an ESG risk rating of 19.9 from Morningstar Sustainalytics, placing it in the low risk category.
• The company received the prestigious Hall of Fame award for the fifth consecutive year from the Office of the Insurance Commission (OIC), the highest award in the insurance industry.
• The company has received a third consecutive renewal of its membership in the Thai Private Sector Anti-Corruption Coalition (CAC), reflecting its commitment to conducting business with good governance and social responsibility.

Mr. Sara stated that the company's performance reflects strength and confidence from stakeholders. By 2568, the company expects first-year premium income to grow by over 10% compared to the previous year, and its Net Profit Margin (NPS) score increased from 75 to 78. Furthermore, the company has received a BBB+ credit rating and financial strength rating from S&P Global Ratings and A- and AAA(tha) ratings from Fitch Ratings.

“Muang Thai Life Assurance will continue to integrate ESG concepts into its corporate strategy to create a balance between business growth, society, and the environment, while enhancing its services and professionalism. This is all under the commitment to being a trusted partner for customers, delivering happiness, security, and long-term value to all sectors, and contributing to building a sustainable future for Thai society.”

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