Krungthai-AXA Life Insurance (KTAXA) is more than just a leading insurance provider in Thailand. The company has built a strong reputation for its commitment to sustainability, employee well-being, and community engagement, demonstrating how businesses can be a force for good in society.
Commitment to Sustainability
KTAXA has made remarkable progress in environmental sustainability by aligning its practices with global standards. The company has completely eliminated investments in coal and tobacco and, as of 2021, recorded THB 6 billion in green investments.
Beyond financial commitments, KTAXA actively contributes to environmental conservation through impactful initiatives. The Save Our Sea campaign mobilised volunteers to collect over 200 kg of waste from beaches and plant 1,000 mangrove trees, helping absorb 27,000 kg of CO₂ annually. Similarly, Week for Good 2023 successfully raised THB 50,000 for the Women’s Foundation. The company’s broader 4 Rs initiative—Rescue, Remove, Restore, and Resource—highlights its holistic approach to sustainability, from restoring turtle nursery ponds to educating children on ocean conservation.
Employee Well-being and Inclusivity
KTAXA recognises that a company’s success is deeply tied to the well-being of its employees. It fosters a supportive and inclusive work environment by offering flexible working arrangements, generous leave policies, and comprehensive wellness programmes. Employees benefit from regular health check-ups, yoga sessions, and mental health support.
The company takes pride in its progressive policies, including maternity and paternity leave for same-sex partners and transgender individuals. Professional growth is also a priority, with leadership development and digital skills training programmes in place. KTAXA’s Inclusion & Diversity Policy ensures a culture of respect and collaboration, while regular Employee Pulse Surveys help maintain engagement and satisfaction
Community Impact
Beyond the workplace, KTAXA actively contributes to the well-being of communities across Thailand. The Caravan Health Check programme has provided free health check-ups and financial consultations to over 500,000 people, ensuring better access to essential services.
Sports and education are also key areas of focus. The KTAXA ‘Know You Can’ Football Academy has supported more than 6,000 children since its inception in 2019. In 2024, 10 lucky participants will have the opportunity to train at Anfield Stadium in the UK. Meanwhile, the Run2Gether event has promoted inclusivity in sports, with over 12,000 runners participating over the years. Through the Hearts in Action programme, KTAXA employees dedicated over 4,015 hours to community service in 2023 alone.
A Vision for a Better Future
By integrating sustainability, employee well-being, and community engagement into its core business strategy, KTAXA sets an example of responsible corporate leadership. Its efforts extend beyond regulatory compliance, creating real, lasting change in society. For these reasons and more, KTAXA has rightfully earned recognition as one of the Top Community-Centric Companies in Asia at the 2024 ACES Awards.
