19 selected into DJSI with two new additions, the highest number of additions to DJSI Emerging Markets indices.
The highest number of firms inducted into DSJI in ASEAN for five years in a row.
The Stock Exchange of Thailand (SET) has announced that five SET-listed companies have been named the Industry Leaders in the 2018 Dow Jones Sustainability Indices (DJSI), a globally recognized sustainability benchmark. Thailand has the second highest number of Industry Leaders after the United States. These five world's leaders achieving top scores in their respective industries are (1) BANPU in Coal and Consumable Fuels (2) IRPC in Oil & Gas Refining & Marketing (3) PTT in Oil & Gas Upstream & Integrated (4) TRUE in Telecommunication Services and (5) TU in Food, Beverage & Tobacco.
19 SET-listed companies have been selected as DJSI constituents for the 2018 annual review: (1) Airports of Thailand pcl (AOT) (2) Banpu pcl (BANPU) (3) CP All pcl (CPALL) (4) Charoen Pokphand Foods pcl (CPF) (5) Central Pattana pcl (CPN) (6) Home Product Center pcl (HMPRO) (7) IRPC pcl (IRPC) (8) Indorama Ventures pcl (IVL) (9) Kasikornbank pcl (KBANK) (10) Minor International pcl (MINT) (11) PTT pcl (PTT) (12) PTT Exploration and Production pcl (PTTEP) (13) PTT Global Chemical pcl (PTTGC) (14) The Siam Cement pcl (SCC) (15) Thai Oil pcl (TOP) (16) True Corporation pcl (TRUE) (17) Thai Union Group pcl (TU) (18) BTS Group Holdings pcl (BTS) and (19) The Siam Commercial Bank pcl (SCB). The last two are new additions.
This year, eight out of 19 SET-listed firms, namely CPALL, CPN, KBANK, PTT, PTTEP, PTTGC, SCC and SCB are globally recognized in the DJSI World Markets index.
SET President Pakorn Peetathawatchai stated that the five straight years of remarkable success reaffirms the high quality of SET-listed firms. They have continuously enhanced their sustainability standards by integrating environmental, social and governance (ESG) aspects at the heart of their entire business operations. This accomplishment is a result of concerted efforts of the Thai capital market's stakeholders to apply sustainable businesspractices with an aim at meeting international benchmark. Notably, most of them operate in energy sector and well-being businesses, including tourism, hospitality, healthcare, food and beverages and infrastructure development. Such strengths reinforce the country's competitiveness and further attract investors worldwide.
"During the past few decades, these companies are among of those that have contributed to a solid foundation of the Thai economy. Going forward, they will be the engine of growth that accelerates the development with tangible progress of the Eastern Economic Corridor (EEC), one of the country's largest strategic investments under Thailand 4.0 policy to transform the Thai economy towards stability, prosperity and sustainability," added Pakorn.
At the country level, SET initiated the SET Thailand Sustainability Index (SETTHSI) in July to motivate listed firms to adhere their operations towards ESG practices so as to gain investors' trust and confidence.
SET is one of the most attractive exchanges in Asia, providing a full range of investment products and services. The Thai capital market is positioned as a key fund-raising venue not only for the country and region's massive infrastructure project but also domestic and overseas expansion of Thai companies. Furthermore, Thailand connects investors worldwide to capture growth potential in CLMV. Given the country's strong foundation, strengths in well-being economy and public-and-private sector alliance, the Thai capital market offers abundant investment opportunities that could not be overlooked.
About Dow Jones Sustainability Indices
In 2018, DJSI invited 2,521 companies listed on global stock exchanges and 802 firms from emerging markets based on the size of market capitalization to participate in DJSI corporate sustainability assessment. DJSI selects companies with exceptional performance in sustainable business operations to be the components list of the DJSI series used by leading funds as an investment benchmark. As of April 2018, assets under management (AUM) with sustainable and responsible investment amounted to USD 82 trillion (Approx. THB 2,700 trillion), which has continuously increased every year. As of end-April 2018, AUM surged by USD 14 trillion, representing an 18 percent increase compared to the end of 2017, according to UN Principles of Responsible Investment's (UNPRI) survey.
The list of the 2018 DJSI members will be effective from September 24, 2018. DJSI reviews and announces the list of its members every September.
For more information about DJSI, please visit: www.sustainability-indices.com , or www.unpri.org.