BANGKOK, The Stock Exchange of Thailand (SET) unveils
Sustainability Reporting Guide for listed companies together with ESG metrics
for each industry group, covering environmental, social and governance (ESG)
material topics, to be used as guidance on the disclosure of
sustainability-related information with transparency, quality and
standardization. The guideline for sustainability reporting also conforms with
the 56-1 One Report form and can be used as a vital checklist for sustainable
business development and investment.
SET President Pakorn Peetathawatchai said that SET drives sustainable finance
concept to support businesses to put ESG aspects into practice, assess them in a
tangible way and disclose complete and quality information. At present, ESG and
financial information alike are necessary for investment decisions, as the
former provides investors better insight on risk factors, opportunities and
perspectives of carrying out business, and boost stakeholders’ confidence in
potential of business operation in the long run.
“The Sustainability Reporting Guide for listed companies is considered an
advancement of sustainability reporting in the capital market to meet the
increasing ESG demand of local and overseas investors continuously.
Significantly, SET supports the use of ESG information to develop business and
investment-related products and services in a sustainable manner, starting from
disclosure of the quality ESG information which will be plugged into the ESG
Data Platform currently in development process to be the data center of
ESG-related information. The reporting guideline will benefit stakeholders in
the industry in line with SET’s vision: “To Make the Capital Market ‘Work’ for
Everyone””, added Pakorn.
Following the launch of the guideline, SET will further communicate with the
target groups to enhance knowledge and understanding continuously via various
activities, such as online seminars, training courses on sustainability
reporting for each industry group to ensure that listed companies can disclose
and report sustainability-related information completely and properly according
to their business contexts Interested parties can download the guidelines at
www.setsustainability.com.
Source: The Stock Exchange of Thailand
