SCB proudly ranked among world class Dow Jones Sustainability Indices members

Stocks and Financial Services Press Releases Thursday September 13, 2018 15:32
Bangkok--13 Sep--Siam Commercial Bank

Siam Commercial Bank (SCB) has been selected as a member of the Dow Jones Sustainability Indices 2018 (DJSI 2018) in the Financial category of the World Index and Emerging Markets Index groups. The selection clearly reflects SCB's commitment to corporate sustainability, with the bank taking into account business growth while strongly caring for society and the environment. Such efforts align with the Bank's vision of being Thailand's 'Most Admired Bank'.

Speaking about the new achievement, Siam Commercial Bank President and CEO Mr. Arthid Nanthawithaya said that business contexts have always evolved in terms technology, society, the environment, and stakeholder expectations. SCB has embarked upon a transformation mission with a Going Upside Down strategy designed to lean the organization, in an effort to boost the bank's potential amid radical changes in the banking and finance industries. The mission aims to steer the firm toward becoming Thailand's Most Admired Bank, with a focus on increasing every aspect of its capabilities and a strong concern for its social and environmental responsibilities. This marks yet another major SCB achievement, with RobecoSAM, which conducts Corporate Sustainability Assessment of global firms, announcing that SCB is among global peers on the Dow Jones Sustainability Indices 2018 (DJSI 2018) in the World Index Emerging Markets Index (Financials).

"Our selection as a constituent member of the DJSI is a result of dedication and cooperation by all segments involved in the Bank helping to develop sound operational practices which deeply take into account the bank's impact on the economy, society, and environment, and seriously drive efforts to create tangible results. This honor is regarded as another success, and a source of pride for the Bank", added Mr. Arthid Nanthawithaya.

The Dow Jones Sustainability Indices, or DJSI, are a family of indices evaluating the sustainability performance of corporations, broadly recognized worldwide. The indices are divided among industries, with assessment criteria focusing on economic, social, and environmental performance spanning more than 600 criteria. Evaluations are performed in parallel with analysis of financial performance. Every year more than 3,400 publicly listed companies with the highest market capitalizations from 60 industries worldwide are invited to take part in the corporate sustainability evaluation. Investment funds worldwide recognize and have adopted the DJSI for consideration when investing in companies and firms. In 2018, 20 listed companies from Thailand have been selected as DJSI members.


Latest Press Release

PTTEP acquires Murphy Oil Corporations business in Malaysia Strengthen long-term growth in Southeast Asia

PTT Exploration and Production Public Company Limited (PTTEP), makes a success acquisition in Murphy Oil Corporation's business in Malaysia worth USD 2,127 million which is expected to promptly add sales volumes by 15% and operating cash flow right after...

FSS Launches a Risk-Based Authentication Solution to Bolster Security For Digital Transactions

FSS (Financial Software and Systems), a global payments technology company, has launched FSS Secure3D, its new-generation adaptive authentication solution based on the EMVCo 3DS 2.0 protocol. Globally, across regions, banks need to implement 3DS2.0...

PwC: Assets under management in Asia Pacific to rise to USD29.6 trillion by 2025, faster than any other region

The Asia Pacific (APAC) asset and wealth management industry is expected to be the centre for global Assets under management (AuM) growth in the coming years. According to the PwC report 'Asset and Wealth Management 2025: The Asia Awakening', APAC AuM...

OnMiners Mining Rigs Offering Market#s Fastest ROI

OnMiners S.A (http://www.onminers.com) is quickly making a strong impact in the crypto mining industry by offering the market's fastest return on investment. The company recently hit the headlines by introducing three multi-algorithm mining rigs that...

The Mall Groups Department Stores partner with SCB to offer sizzling promotions with a chance to win RIMOWA luggage

The Mall, Emporium, EmQuartier and Paragon Department Stores joined forces with SCB to hold "Made in Summer" campaign from today to 17 April 2019 to delight shoppers with superb promotions: shop to receive coupons with up to 40% discount; a chance to win...

Related Topics