9 / 196
9
Message
from the Chairman
In 2014, The Stock Exchange of Thailand (SET)
showed increasing potential under the spotlight of
ASEAN, particularly in the area of quality enhancement,
which is crucial to laying a solid foundation for the
sustainable growth of the Thai capital market. SET
was the first stock exchange in ASEAN to join the
Sustainable Stock Exchange (SSE) initiative under the
framework of the United Nations. At the SSE Global
Dialogue 2014 in October 2014 at the United Nations
in Geneva, Switzerland, SET announced its commitment to
developing and promoting the SSE initiative among its
stakeholders, committing to exploring ways to enhance
corporate transparency on environmental, social and
governance (ESG) issues, and to ultimately encourage
more sustainable investment.
Becoming part of the SSE Initiative has enhanced
SET’s role in the international arena and reinforced it’s
regional leadership position in developing sustainability.
SET was again ranked first in ASEAN for the ASEAN
Corporate Governance Scorecard assessment for the
second year in a row. In 2014, ten listed companies in
Thailand were selected for inclusion in the Dow Jones
Sustainability Indices (DJSI) – the largest number in
any ASEAN country. This is a major accomplishment
resulting from the efforts that SET has made in working
closely with listed companies over the past years.
SET recognizes the importance of socially responsible
investing. We therefore encourage listed companies,
venture capital businesses and other organizations
in the capital market to develop and understand the
importance of socially responsible investing as well.
We also encourage asset management companies to
issue funds that provide combined financial, social and
environmental returns. This includes promoting the
concept of Social Enterprise (SE) through events and
education to create better understanding and awareness
of its importance, while also strongly supporting the
establishment of more SEs for the continuous and
sustainable development of society and the environment.
SET has completed 40 years of operations and is
stepping into its fifth decade with a clear vision for
developing the Thai capital market towards sustainable
growth, a vision that embraces quantitative increases
in the variety of multi-market securities, multi-asset
classes and multi-currency trading. SET is ready to
step up its participation at the international level,
which will result in continued growth for SET itself and
for Thailand. Qualitatively, SET continues to focus on
business performance, while keeping environmental,
social and corporate governance aspects in mind. In
addition, SET aims to be a fully “digital exchange” by
utilizing information technology in all dimensions of
its operations, ranging from trading and post-trading
services to work processes and communications with
stakeholders, in order to effectively meet the needs of
all market sectors in line with the Thai government’s
“digital economy” strategy.
On behalf of The Stock Exchange of Thailand,
I would like to thank the government agencies and the
private sector, which includes listed companies, member
companies and asset management companies, as well
as the social sector, investors and, especially, SET
employees. Their synergized efforts and energy have
accelerated the Thai capital market to this remarkable
strength and stability, further driving the Thai economy
towards sustainability.
Dr. Sathit Limpongpan
Chairman