SET Disseminating the report “ESG Impact Assessment Report: THSI 2022” listed companies (Thailand Sustainable Stock Company) THSI creates positive results towards sustainable business development and investment
Mr. Soraphol Tulyasathien, Deputy Manager, Head of Corporate Strategic Planning Division and Head of Capital Market Sustainability Development Division The Stock Exchange of Thailand (SET) revealed that the SET has prepared a report “ESG Impact Assessment Report: THSI 2022” to collect information on business operations of listed companies in the list of sustainable stocks THSI (Thailand Sustainability Investment) for the year 2022 that created positive outcomes for all stakeholders in a concrete way and is committed to managing environmental, social and governance impacts (Environmental, Social, Governance : ESG) as well as presenting examples of operations of listed companies. Currently, the SET has developed an ESG Data Platform system to be a center for collecting and disseminating ESG data that listed companies disclose ESG data, which will be useful for entrepreneurs to study and adapt to enhance their business operations. Including information for investors to analyze and make investment decisions. Leading to sustainable business development and investment in line with the vision of the Stock Exchange of Thailand In developing the capital market for all sectors “To Make the Capital Market ‘Work’ for Everyone”
“ESG Impact Assessment Report: THSI 2022” demonstrates that listed companies can apply ESG issues to strengthen their business operations. In the past year, listed companies have energy management. Efficient use of electricity/energy, water use, waste and greenhouse gas management Including the development of employees, partners, communities and society. Risk Management as well as developing a good corporate governance structure for transparent and verifiable operations. Until able to measure concrete results both quantitatively and qualitatively, such as
• Environmental Use technology to increase machine efficiency, reducing electricity/energy loss. Water is used according to the 3R (Reduce, Reuse, Recycle) principle, waste management is applied by adopting the Circular Economy principles, and the greenhouse gas emissions are net zero (Net Zero), creating positive impacts such as Use less electricity 10,650 million kilowatt-hours Using renewable energy 248,190 million kilowatt-hours The amount of water reduced and recycled is 227 million cubic meters. and reducing greenhouse gas emissions by more than 15 million tons of carbon dioxide. Including expenses that the company saves from environmental projects in the amount of 654 million baht, etc.
• Society: Emphasis is placed on compliance with human rights principles in accordance with international guidelines. Ensure no violations of human rights by conducting human rights due diligence processes to assess impacts and prevent potential risks. Take care of employees/workers by developing their potential in both Functional skill, Management skill and Leadership skill to have competency and efficiency in work. Including providing a safe working environment. Along with improving the quality of life of the community and society from agricultural extension projects Career development for the community, the disabled and the underprivileged Promote health and quality of life for people in society
• Corporate governance and economy Contributing to a culture of transparency and accountability It has an organizational structure with good corporate governance. In most cases, the chairman of the board is a different person from the company’s leader. and more than 66% of non-executive directors, and 125 listed companies Join the Anti-Corruption Network in the Collective Action Coalition project, including the importance of ESG risk management, climate change risk, partner risk, and emerging risks so that businesses are ready to adapt and cope with potential incidents. up and affect business It also helps partners to develop sustainable business operations.
Those interested can download the “ESG Impact Assessment Report: THSI 2022” at www.setsustainability.com.
Source: Thai News Agency
