The Stock Exchange of Thailand (SET), underlining commitment to boost quality of Thai listed firms and enhance capital market sustainability, will grant two key new awards for listed firms having outstanding sustainability attributes by initiating Sustainability Awards and Social Enterprise Investment Awards. The results will be announced by the end of this year.
SET President Kesara Manchusree said that these two awards aimed to enhance capabilities of listed companies, ensuring that they operate their business towards sustainability to help fortify the capital market’s stability in the long run. The awards would reflect the companies’ operation in consideration of environmental, social, and governance (ESG) principles. As such, the Sustainability Awards are created for companies which have achieved excellence in growing business sustainably with good governance and proven long-term competitiveness. The Social Enterprise Investment Awards would be granted to listed companies successfully investing in social enterprises, with benefits and positive impact on the society.
“The sustainability and social enterprise issues are vital in today’s world as there are a growing number of responsible investors who place priority and importance on the impact each company has on society and environment. Thus, the award winners will definitely be recognized among global investors,” added Kesara.
Listed companies interested are welcome to fill in the assessment forms. The participating companies will be thoroughly evaluated by distinguished judges. The assessment results will be announced by the end of 2015.