14 Thai listed firms win SET Sustainability Awards 2016

BANGKOK, February 16, 2017- The Stock Exchange of Thailand (SET) today grants

“SET Sustainability Awards 2016” to 14 listed companies with excellent

performance in sustainability development, having good corporate governance

practices and taking stakeholders’ benefits into account, while recognizing a

list of 51 companies selected for “Thailand Sustainability Investment” (THSI), a

list of stocks with outstanding performance on environmental, social and

governance (ESG) aspects. The 14 award-winning firms of SET Sustainability

Awards 2016 are BANPU, BCP, CFRESH, CHO, HMPRO, IRPC, LPN, MINT, PPP, PTTGC,

SAT, SCC, SSSC and TOP.

In addition, this year SET has initiated a special award to recognize

distinguished person who have made significant contributions to the capital

market’s sustainable development. This year, SET grants this award to Professor

Hiran Radeesri, Chairman of Thailand Sustainability Investment Committee and

Expert on Corporate Governance and Social Responsibility, The Stock Exchange of

Thailand, to honor his contribution to drive progress and help support the Thai

capital market on the path to sustainable development.

SET President Kesara Manchusree stated that SET Sustainability Awards aims to

honor listed firms with excellent performance on ESG aspects, being role models

to inspire others. This underscores SET’s commitment to encourage listed firms

to not only focus on financial returns but also take ESG performance into

consideration, while motivating investors, especially institutional investors to

consider ESG for investment decisions. This will result in a more solid

foundation, making the capital market work for all stakeholders.

“Since 1995, SET has encouraged Thai listed firms to integrate corporate

governance practices into their operations. After that SET extended the mission

to promote sustainable development. It’s fortunate that the effort to achieve

the sustainable development goal has been supported by many experts. Therefore,

this year SET cordially grants a special award in honor of Professor Hiran

Radeesri’s valuable contribution in developing and laying a solid foundation of

CG practices for the Thai capital market for more than 20 years. He has been

instrumental in driving listed firms to truly create impacts to society and

environment at domestic and international levels,” Kesara added.

The 14 awards are grouped into three categories: eight Best Sustainability

Awards, granted to BANPU, CFRESH, LPN, PTTGC, SAT, SCC, SSSC and TOP (in

alphabetical order); four Outstanding Sustainability Awards granted to BCP, CHO,

IRPC and MINT; and two Rising Star Sustainability Awards for HMPRO, PPP, in

addition to awards for 51 companies selected for “Thailand Sustainability

Investment” (THSI).

Source: The Stock Exchange of Thailand

Post Author: thailandmirror.com