SET named “Best Sustainable Securities Exchange Southeast Asia Emerging Markets 2017”

Thursday 29 June 2017 17:23
The Stock Exchange of Thailand (SET) affirms its leading role in sustainable development in the region with the "Best Sustainable Securities Exchange SoutheastAsia Emerging Markets 2017" award by the London-based magazine Capital Finance International (CFI.co). This affirms the outstanding performance in sustainable development in the region and reflects SET's determination in propelling the growth of the capital market, economy, society and entire nation sustainably.

SET President Kesara Manchusree emphasized that coupling with its outstanding quantitative performance, under 'To Make the Capital Market Work for Everyone' vision, SET has also implemented sustainability development in all aspects of operation to create positive impact on the economy, society and the environment at every turn. Sustainability is key to SET which has been the first exchange in ASEAN joining the UN Sustainable Stock Exchanges (SSE) Initiative. SET has launched initiatives to boost financial literacy, savings and investment planning among investors, students and general public; undertaking of environmental, social and governance or ESG practices among listed companies; as well as various projects on community and social development towards sustainability.

"SET's sustainability projects have rendered concrete results. Fourteen listed companies are included in DJSI, the highest number in ASEAN. In corporate governance, SET has continuously received the highest ASEAN CG Scorecard. As many as 30 listed companies are among the 78 companies constituting the FTSE4Good ASEAN5 Index. In addition, 14 awards, out of 24 awards, for outstanding investor relations or IR awards have been granted to Thai listed companies. We will treasure this prestigious CFI.co's 'Best Sustainable Securities Exchange Southeast Asia Emerging Markets 2017' Award as a motivation to keep on moving and synergize with all parties in the capital market. Most importantly, the award reflects the Thai capital market's quality and potential, with performance that shines at regional and international levels," added Kesara.

CFI.co is a print journal and online resource reporting on business, economics and finance. Headquartered in London, the journal addresses economic, political and business factors affecting emerging markets and helps to identify regions, industry sectors and companies that will succeed. To inspire others to further improve their own performance, the awards are based on opinion surveys of readers and a distinguished judging panel.