EDL-Generation Public Company has been recognized as a winner of the Green Leadership category at the Asia Responsible Enterprise Awards (AREA) 2024. Presented by leading regional NGO, Enterprise Asia, an award from the AREA serves as a badge of excellence to spur further innovation and best-practice sharing. Companies that are green leaders embrace principles and practices that prioritize environmental sustainability, social responsibility, and economic viability.
The company’s CSR Master Plan, which was formulated with the aim of integrating and implementing social responsibility throughout the organization, was actively implemented in parallel with the company’s core business operations master plan.
Through its “Social Engagement & Environmental Conservation” project, EDL-Generation Public Company’s (EDL-Gen) vision is to become a leading company in Lao PDR in generating stable electric power, to fulfill the demand for socio-economic development of Lao PDR and the region in line with the green and sustainable direction. The company also intends to provide operation and maintenance services to power producers in Lao PDR and the region while also creating added value for shareholders.
The project’s core business operations include generating and selling (wholesale) electricity to EDL as well as constructing transmission lines and substations as necessary, investing in power generation assets constructed and planned by EDL, or to invest in or acquire shares wholly owned or partially owned by EDL in IPPs, and to provide operation and maintenance services to power generation projects in Lao PDR.
As a part of the project’s achievement, in 2012, EDL-Gen developed an urgent policy that encompasses all dimensions of business management and operation. The policy was also established to drive the corporate social responsibility practices that run along the lines of core business operations. EDL-Gen has taken great strides in raising the expected conventional standard of sustainability for business operations. Its dedication to becoming a top enterprise has positioned itself as a role model for other corporations, demonstrating how to operate with a focus on long-term sustainability.
About Enterprise Asia
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplifting the economic status of people across Asia and ensuring a legacy of hope, innovation, and courage for future generations. Please visit https://www.enterpriseasia.org/ for more information.
About Asia Responsible Enterprise Awards (AREA)
The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit https://enterpriseasia.org/area/.