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Home  >>   Daily News  >>   Thailand News  >> Capital Markets,SET  >>   Thai bourse supports Thai firms to produce CSR reports for sustainability disclosure

NEWS UPDATES Asean Affairs   9 April 2013  

Thai bourse supports Thai firms to produce CSR reports for sustainability disclosure
 
BANGKOK, April 5, 2013 - Corporate Social Responsibility Institute (CSRI), under The Stock Exchange of Thailand (SET) group, is committed to encourage Thai listed companies to develop and operate businesses with social responsibility.

To support the firms in producing CSR reports, CSRI has continued building understanding of CSR through seminars and other trainings, aiming at creating sustainability for Thai organizations, underscoring SET's long-term capital market development plan.
 
SET Executive Vice President and CSRI Director Bordin Unakul said that enhancing CSR reports is a core target of CSRI to support Thai listed companies in disclosing their CSR information and activities. This disclosure is essential, as investors increasingly value companies operating with social and environmental responsibility under good corporate governance as one of investment selection criteria. Therefore, a CSR report is a key tool for organizations to evaluate themselves in order to improve business efficiency and  grow with sustainability.
 
"To encourage Thai firms to do their CSR reports this year for distribution in 2014, a program, called "Enhancing Thai listed firms' CSR report development," has been created and organized by CSRI, together with the Thaipat Institute (The Foundation of Thailand Rural Reconstruction Movement Under Royal Patronage).

Companies participating in the program will learn how to plan and collect information for reporting following the Integrated CSR Reporting (iCSR) framework, which is also in accordance with the Securities and Exchange Commission rules to be announced this year. They are also offered a template of topics and issues in following iCSR and samples of series of indicators for the report," Bordin said.
 
In addition, the program also provides extensive advice and suggestions for doing CSR Report, as well as activities for exchanging knowledge and opinions for further improving the report with quality, before upgrading the report to follow the GRI framework. Admission is open for Thai listed companies from now until April 17.


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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