Thai bourse promotes sustainability among listed companies

Stocks News Monday January 26, 2015 10:16 —PRESS RELEASE LOCAL

Bangkok--26 Jan--SET The Stock Exchange of Thailand (SET) has recently joined hands with Sustainable Business Development Institute (SBDi), to enhance listed companies’ sustainable competitiveness by adhering to good corporate governance, enhancing strategic capabilities, so as to contribute to business and society. In 2015, SET plans to organize a series of nine intensive training programs on sustainable development for Thai listed companies. SET Executive Vice President Bordin Unakul stated, “Throughout our 40 years of operations, we have been paving the way for Thai listed companies towards sustainable growth in operating businesses on environmental, social and governance (ESG) aspects. In order to cater to the diversity and uniqueness of listed companies, we have prepared various training programs for them. Beginners are provided with training of fundamental sustainability knowledge. For companies with intermediate-level knowledge on sustainability practices, we support them in implementing sustainable corporate strategies and process improvement, as well as producing sustainability reports. For those with outstanding sustainability performance, we have designed activities for CEO and operational staff to be equipped for the assessment of Dow Jones Sustainability Indices (DJSI). These are in line with the SET’s commitment to become a sustainable stock exchange, promoting sustainability of the Thai capital market.” “Since 2012, SET has been providing intensive training on sustainable development to 1,350 participants from 427 Thai listed companies, accounted for 70 percent of the total. This year, we will organize nine sustainability training programs. Besides, we have cooperated with strategic partners to announce and publicize, “Thailand sustainable investment”, providing a list of Thai companies with prime performance on environmental, social and governance (ESG) aspects to investors, to be used as investment decision-making tools.,” added Bordin. SBDi President Anantachai Yoonprathom, as the key trainer of this sustainability program, said, “Currently, sustainability knowledge is no longer general. Rather, it becomes issue-oriented and relevant to several prominent areas, such as Responsible Supply Chain Management, Sustainability Risk and Materiality Analysis, Effective CSR Communication, and CSR Evaluation and Knowledge Management, aligned with international evaluation directions and standards. Also, sustainability knowledge becomes more focused on performance measurement and evaluation, enabling companies to set and communicate tangible goals in terms of economic and social value.” Members of the media please contact the Public Relations Unit, Corporate Communications Dept.: Arada Kultawanich tel: +66 (0) 2229 2796 / Darawan Maleesri tel: +66 (0) 2229 2798 / Kanokwan Khemmalai tel: +66 (0) 2229 2048.

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