SET joins hands with MSCI to promote sustainable investment

Stocks and Financial Services Press Releases Monday January 21, 2019 16:49
Bangkok--21 Jan--SET

The Stock Exchange of Thailand (SET) has joined MSCI Inc. in organizing "Thailand Sustainable Investment" - an exclusive seminar for executives of listed companies, securities companies and asset management companies as a boost to capitalize on opportunities in sustainable investing and how to becoming MSCI ESG Index constituents to attract more global investors to Thailand.

SET Senior Executive Vice President Krisada Sektrakul said, "Currently, sustainable investment is widely recognized by global investors, by usingESG-related information to alongside financial reports of listed companies in making an investment decision. The United Nations-supported Principles for Responsible Investment or PRI initiative's report showed that sustainable investing is estimated at over USD 82 trillion in assets under management in 2018. Over the past years, SET has been supporting listed companies in integrating environmental, social and governance (ESG) aspects into business and joined the international assessment. In 2018, there were 19 SET-listed companies included in DJSI and 32 in the MSCI AC ASEAN ESG Universal Index –highest number in ASEAN. In addition, SET has made considerable progress by initiating the list of Thailand Sustainability Investment (THSI) stocks, and the SETTHSI Index for investors' benchmarking. This year, SET plans to motivate more Thai listed firms to be included in global sustainability indexes while encouraging mid and small cap listed companies to adopt the ESG aspects in their operations to enhance the Thai capital market towards sustainability, in line with SET's vision of 'To Make the Capital Market 'Work' for Everyone'."

Executives from the capital sector, financial sector and MSCI who have presented the updates and viewpoints include Rapee Sucharitakul, Secretary-General of the Securities and Exchange Commission, Thailand, Vitai Ratanakorn, Secretary General of Government Pension Fund, Thailand, Peet Yongvanich, Deputy Managing Director, BBL Asset Management Co., Ltd, Mohdi Jeroudi, Vice President – Index & ESG at MSCI, and Valentin Laiseca, Executive Director, MSCI Singapore.


Latest Press Release

NEXT BLOCK ASIA Beyond Crypto

NEXT BLOCK ASIA + Fabulous Bangkok After-Party Bangkok, Thailand will host the 2-day NEXT BLOCK ASIA "Beyond Crypto" by Krypton Events and CoinAdvice on 25-26 June 2019 at the W Hotel. The conference will bring together experts from CRYPTO and BEYOND,...

Photo Release: EXIM Thailand Visits Deputy Governor of State Bank of Vietnam To Discuss Thai Investment Prospects in Vietnam

Mrs. Warangkana Wongkhaluang (second left), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently paid a visit to Mr. Doan Thai Son (center), Deputy Governor of State Bank of Vietnam in Hanoi to discuss monetary...

Photo Release: EXIM Thailand Visits Thai Ambassador to Hanoi Discussing Ways to Promote Thai-Vietnamese Trade and Investment

Mrs. Warangkana Wongkhaluang (second left), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently paid a courtesy visit to His Excellency Mr. Tanee Sangrat (center), Ambassador of Thailand to Vietnam and Miss...

TMB re-affirms its leadership position in the Thai banking industry by launching the first ever Multi Currency Account in Thailand allowing exporters to manage six major currencies in one account

TMB continues to develop digital solutions that truly meet customer's need, creating positive changes to customer's life, along with its Make THE Difference philosophy, to re-affirm its market leadership position. TMB today becomes the first bank in...

Fitch Rates EXIM#s USD300 Million Senior Notes Final #BBB+#

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) USD300 million five-year senior unsecured notes a final rating of 'BBB+'. The notes were issued under the bank's USD1.5 billion medium-term note (MTN) programme. The...

Related Topics