ASEAN KEY DESTINATIONS
Thai bourse further promotes sustainability among listed companies
BANGKOK, February 8, 2016 - The Stock Exchange of Thailand (SET) has continuously encouraged Thai listed firms to operate businesses with sustainability concerns covering environmental, social and governance (ESG) aspects in line with global trends, via various activities, starting by organizing Sustainable Development Forum 1/2016, on February 8 in Bangkok, for listed firms’ management, investors, stakeholders in the Thai capital market and interested public to meet and exchange views on opportunities and challenges in association with sustainability.
SET President Kesara Manchusree stated, “With strong commitment to become a sustainable stock exchange, SET has continuously been promoting listed firms’ quality and ESG practices among stakeholders so they could contribute to business and economy in a sustainable manner. SET also encourages responsible investment among investors, via intensive activities throughout the year. This can help boost employment and investment; strengthen society and environment, which will contribute to the income distribution of Thai people, and build sustainability for the Thai capital market, Thai economy and all. This shows SET's role in supporting stakeholders of Thai capital market in becoming involved in achieving the Sustainable Development Goal (SDGs) announced by the United Nations.”
SET fully ascertains that the Thai capital market practices are in line with an array of 17 goals of the United Nations' Sustainable Development Goals (SDGs) as the global development agenda (2015-2030).”
SET Executive Vice President Bordin Unakul said, “Activities are created throughout the year to keep promoting sustainable development for Thai listed firms, including publicizing guidelines and best practices and showcases on sustainable development as well as providing training throughout the year. Interestingly, the number of participants in SET’s sustainability-themed training has rapidly reached 93 percent of all listed firms while the number of listed firms participating the ESG assessment has been continuously increasing. In addition, there has been rising number of listed firms that provide sustainability reports using the Global Reporting Initiative or GRI framework. This success has demonstrated listed companies' efforts and SET’s commitment to drive Thai listed companies in integrating ESG issues into business practices towards sustainability.”
Meanwhile, to promote corporate governance (CG) knowledge, SET will also organize a special CG Forum on February 10 in Bangkok, which will be participated by top executives in the capital market.
For more information about the upcoming SD Forum and CG Forum, please visit www.set.or.th .
SET “Towards the 5th Decade of Sustainable Wealth for Thais”
Members of the media please contact the Public Relations Unit, Corporate Communications Dept.:
Arada Kultawanich tel: +66 (0) 2009 9483 / Darawan Maleesri tel: +66 (0) 2009 9484 / Kanokwan Khemmalai tel: +66 (0) 2009 9478.
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