Together with our stakeholders, we have worked hard to continuously improve, grow and set new standards. Here’s a glimpse at some of the accomplishments Central Retail and its leadership are proud to have received over the years.
Central Retail received “Excellent” CG Scoring (5-Star Rating) for the 3rd consecutive year
Corporate Excellence
Central Retail
Central Retail received “Excellent” CG Scoring (5-Star Rating) for the 3rd consecutive year from the Corporate Governance Report of Thai Listed Companies (CGR) 2023, organised by the Thai Institute of Directors Association (Thai IOD) with support from the Stock Exchange of Thailand (SET).
The award reflects a strong commitment to the continuous development of responsible corporate governance, with a focus on its societal, environmental, and stakeholder impacts. This commitment is aimed at fostering sustainable business growth and instilling confidence among domestic and international investors. This recognition is attributed to the efforts of our board of directors, executives, and all employees.
Central Retail attained the highest tier of “AAA” in the SET ESG Ratings 2023
Corporate Excellence
Central Retail
Central Retail attained the highest tier of “AAA” in the SET ESG Ratings 2023 for listed sustainable stocks from The Stock Exchange of Thailand, solidifying its leadership position in Green and Sustainable Retail.
Central Retail is at the forefront of carbon reduction, environmental stewardship, and advancing societal wellbeing. Our commitment is to foster sustainable growth for the benefit of all.
Central Retail Distinguished as the Sole Corporation from Thailand to Win Both Country and Regional Awards at the IDC Future Enterprise Summit & Awards 2023
Corporate Excellence
Central Retail
Central Retail has elevated Thailand on the global stage by winning both the Country and Regional Awards at the IDC Future Enterprise Summit & Awards 2023. Our forward-looking 'Future of Work' initiative has distinguished us as the only corporation from Thailand to receive the prestigious Regional Award from IDC this year. This recognition is even more significant as it emerged from a highly competitive pool of over 900 submissions from across the Asia Pacific region. Celebrated alongside Central Retail’s recognitions, The 1’s victory in the category of ‘Best in Future of Industry Ecosystems’ pays tribute to its innovative approach in fostering a sustainable ecosystem and evolving into a lifestyle platform that not only predicts but also shapes consumer trends and preferences.
Central Retail's pioneering Central Career Metaverse has been instrumental in this achievement. Designed to meet the job market's changing demands and to appeal to the technologically adept Generation Z, it offers an immersive recruitment experience that significantly enhances candidate engagement. The wide-reaching impact of this inventive strategy became evident through a marked increase in online recruitment traffic and the attraction of over 4,000 job applications from a diverse pool of candidates.
Khun Panchalee Weeratammawat, Chief People Officer at Central Retail, commented on the company's recognition, “Being honored by the IDC Future Enterprise Awards on both country and regional levels speaks volumes about our dedication to progress and innovation. At Central Retail, we understand the importance of keeping up with the constantly evolving digital landscape. We believe in not just adapting to change, but also driving innovation to stay ahead of the game. Our commitment to resilience and sustainability leads us to explore new and exciting ways of integrating technology into the way we work, contributing to a ‘A Great Place to Work' for our talented and diverse 'Winning Team.’
In parallel, success for The 1 sprang from its transformation of a point collection scheme into a dynamic digital lifestyle and loyalty platform, with a strategic focus on becoming a 'Center of Life Platform' that encourages daily user engagement through The 1 APP. This innovation has earned The 1 the “Best in Future of Industry Ecosystems” award at the country level. The award is given to organizations that excel in integrating technology and innovation to foster a sustainable business ecosystem. Such an honor reflects The 1’s success in creating a synergistic ecosystem that bolsters brand-consumer relationships. The 1 APP delivers a suite of benefits and services tailored to lifestyle and business interactions, complemented by community-focused initiatives. In its continuous pursuit of innovation, The 1 APP strives to cultivate partnerships within and beyond the Central Group, aiming to provide personalized experiences that meet the diverse needs of consumers in both the B2C and B2B sectors.
The resounding success of Central Retail and The 1 at the IDC Future Enterprise Awards 2023 underscores our transformative influence on Thailand's technological and business landscape, simultaneously reinforcing our leadership in leveraging technology to revolutionize the retail industry's ecosystems.
Central Retail, a Global Retailer of Distinction in 2023, Achieves Phenomenal Success in 3 Dimensions: “Business-People-Sustainability”
Corporate Excellence
Central Retail
Central Retail, a Global Retailer of Distinction in 2023, Achieves Phenomenal Success in 3 Dimensions: “Business-People-Sustainability”
Mr. Yol Phokasub, Chief Executive Officer of Central Retail Corporation Public Company Limited, expressed Central Retail’s unwavering commitment to its brand purpose of being ‘Central to Life’ and fostering mutual growth across spheres of business, society, and the environment. The company is earnestly and steadfastly devoted to meeting the needs of all stakeholders, propelling forward sustainable advancement of all business within its portfolio. These endeavors have earned international acclaim, evidenced by 14 awards from 8 esteemed global institutions, a testament to Central Retail’s exceptional performance in three vital dimensions:
1.) Business Excellence:
Central Retail’s dedication to impeccable management and adherence to the principles of corporate governance have cultivated trust and confidence among customers, partners, and investors of all institutions. The company’s proactive business strategies and ability to deliver unrivalled customer experiences, while enabling partners to prosper, have consequently resulted in several accolades for remarkable business and organisational management. These include awards such as ‘The Most Outstanding Company’ in Consumer Discretionary in Thailand, ‘Corporate Excellence Awards’, ‘Strongest Adherence to Corporate Governance & Most Consistent Dividend Policy Award’, ‘Asia’s Best CEO’, ‘Best Investor Relations Company’, and ‘Best CFO in Thailand’.
2.) People Excellence:
With Central Retail’s strategic human resource planning, tailored to the internal diverse workforce, it has helped solidify the company’s stance as being ‘A Great Place to Work’, and earned significant awards in the field of human resource including ‘Best in Future of Work’ for Central Retail’s Central Career Metaverse project, Gold - HR Leader of the Year, Gold - Leadership Development, Gold - Graduate Recruitment and Development, Bronze - Learning and Development, Bronze - Best HR team (MNC), Bronze - Employer of the Year, and ‘Best Companies to Work for in Asia 2023’.
3.) Sustainability Excellence:
By continuously reinforcing ‘Green & Sustainable Retail’ positioning, Central Retail aspires to serve as a benchmark for sustainable retail organisations in Asia through the ReNEW strategy, which encompasses aspects of reducing greenhouse gas emissions, building a livable society, encouraging eco-friendly packaging, and implementing efficient waste management practices using tangible and measurable initiatives, to ultimately achieve Net Zero emissions by 2050. Central Retail’s sustainability efforts have been acknowledged through ‘Best Environmental Excellence Award’ for ‘Samui Model’ project and ‘Top Community Centric Companies in Asia Award’ for ‘Central Tham’ project.
“On behalf of Central Retail, I would like to extend my gratitude to the distinguished committee members who have recognised our potential and strong commitment to organisational development. These awards are a proven demonstration of the collective effort of the entire Central Retail team, who have steered the company to monumental accomplishment and diligently worked together to establish a worldwide reputation. Central Retail is honored to lead Thailand’s retail, wholesale, and services industry, as an organisation that is proudly celebrated and widely recognised on the global stage,” Mr. Yol concluded.
Central Retail thrives in Vietnam, secures top position Reputable Retail Company Award for the 3rd consecutive year, reinforcing Thailand’s strong business presence in Vietnam
Corporate Excellence
Central Retail
Central Retail Vietnam is delighted to announce its continued success in the retail industry, securing the No. 1 spot among the top 10 Reputable companies in the Food, Beverage, Retail and Packaging Industries for the third consecutive year in 2023. This ranking is conducted by Vietnam Report (VNR), a leading company specializing in reporting, evaluating, and ranking businesses, products, and services in Vietnam. The recognition of Central Retail Vietnam as the best retail company this year is attributed to the company’s robust financial standing and its enduring positive reputation among media and the Vietnamese people. This underscores its position as the largest international retailer in Vietnam, operating with stability and with a mission to enhance the quality of life for the local communities.
Mr. Olivier Langlet, Group CEO of Central Retail Vietnam, stated that “In the challenging economic landscape of 2023, Vietnam, like the rest of the world, has faced its share of difficulties. However, Central Retail remains committed to robustly expanding its investment portfolio, fueling growth across the Food, Non-Food, and Property categories. Currently, Central Retail’s business operates over 340 retail stores across 40 out of the total 63 provinces in Vietnam. These include 77 food retail stores, comprising 38 GO! Hypermarkets and 39 supermarkets. Additionally, there are over 200 non-food retail stores and 39 GO! Mall. Our aim is to diligently establish the GO! brand as the ‘Top-of-Mind’ brand for the people of Vietnam, earning the trust of consumers and business partners alike through product and service quality. Furthermore, we are prepared to continually expand our investments in Vietnam to ride on the country’s economic growth and consumer buying power. The goal is to expand to 600 stores across 57 provinces and become Vietnam’s #1 Omnichannel Food Retailer and #2 in the Property business by 2027.”
“Central Retail’s commitment goes beyond business expansion. We are dedicated to strengthening the community and continuously enhancing the quality of life for the people of Vietnam through various social activities in all dimensions of education, society, and the environment. Earning the prestigious Reputable Retailer of the Year award in Vietnam for three consecutive years serves as a testament to our unwavering commitment to sustainable business operations and reflects our strong dedication to contributing to Vietnam’s prosperity. On behalf of Central Retail, I would like to express my gratitude to all Vietnamese consumers for their steadfast support and trust in Central Retail throughout the years. We will continue to progress, enhancing our products and services to deliver the best experiences to consumers and ensuring sustainable and inclusive growth alongside Central Retail,” concluded Mr. Langlet.
Best Companies to Work for in Asia 2023
People Excellence
Tops
Tops, a food business under Central Retail, has won the "Best Company to Work for in Asia 2023" award from HR Asia, a leading media outlet specializing in human resource management in Asia. This prestigious international award reflects our excellence in efficient HR management and reaffirms our position as a retail leader that continues to grow in all aspects.
Best Companies to Work for in Asia 2023
Corporate Excellence
Central Retail
Central Retail Wins HR Asia's Best Companies to Work for in Asia 2023 Award for Commitment to Making CRC 'A Great Place to Work'
Cultivating a diverse workforce of nearly 60,000 employees across 15 business units can be complex. Yet, it is this very complexity and diversity that have driven our innovation and strength, paving the way for Central Retail to be recognized by HR Asia as one of the Best Companies to Work for in Asia 2023. This distinction magnifies our sustained efforts in making CRC 'A Great Place to Work.”
Human Rights Award 2023
Corporate Excellence
Central Retail
Central Retail Honored with the Outstanding Achievement of Human Rights Award 2023 (Large Corporation Category), Celebrating Commitment to Social Equality, Governance, and Sustainability. On September 22, 2023, Khun Panchalee Weeratammawat, Chief People Officer of Central Retail Corporation, received the prestigious Outstanding Achievement of Human Rights Award 2023 (Large Corporation Category) from Police Colonel Tawee Sodsong, Minister of Justice. This honor, conferred by the Department of Rights and Liberties Protection under the Ministry of Justice, signifies the utmost national distinction for human rights in Thailand. In reflection on this esteemed recognition, Khun Panchalee Weeratammawat remarked, "This award is not just an honor but a testament to our unwavering commitment to human rights. It underlines the importance we place on transparent governance, our proactive approach in promoting social equality, and our efforts in bridging societal disparities. We have always endeavored to create opportunities for the marginalized and vulnerable sections of our society."
Power Buy, under Central Retail Group, once again proved its success as the leading retailer of electric appliances and electronic and IT products. Its "Power Buy Application" recently won the prestigious ‘Retail Asia Award 2023’ in the ‘Retail App of the Year 2023’ category. It serves as a platform that provides the most seamless shopping experience and perfectly fulfills the needs of all consumers in the digital age.
HR Excellence Awards 2023
Corporate Excellence
Central Retail
We are truly touched to share a heartwarming moment from our HR journey. It fills us with pride to see our collective effort to make Central Retail 'A Great Place to Work' being acknowledged at the HR Excellence Awards 2023, held on 18 August 2023 by Human Resources Online.
Competing alongside nearly 10 finalists in each category, all esteemed organizations in their respective sectors, our team's dedication was highlighted through these awards:
Gold - HR Leader of the Year (Khun Panchalee Weeratammawat, CPO)
Gold - Leadership Development
Gold - Graduate Recruitment and Development
Bronze - Learning and Development
Bronze - Best HR team (MNC)
Bronze - Employer of the Year
These awards are more than mere recognitions; they encapsulate the passion, innovation, and resilience of everyone in Central Retail HR Team. Holding strong to the spirit of "One CRC, One HR Team," each milestone mirrors our united journey and shared purposes.