SET News 52/2023
                                                            June 28, 2023

SET joins forces with partners to present the role of leadership in transforming
 ESG visions into Actions on June 28

BANGKOK, June 28, 2023 - The Stock Exchange of Thailand (SET) and partners 
jointly organized the 2nd "SET Sustainability Forum: From Sustainability
Ambitions ?to Action" on Wednesday, June 28, 2023. In the event, executives from
leading local and international organizations were invited to share roles of
organization leaders in driving sustainable visions into tangible practices.
This is aimed at enhancing competitiveness, expanding business growth
opportunities amidst the current challenging factors faced by all sectors.

SET President Pakorn Peetathawatchai said businesses are currently surrounded by
challenges especially environmental, social and governance (ESG) issues. They
have to cope with stricter business regulations such as the Carbon Border
Adjustment Mechanism (CBAM) imposed by the European Union, and the Bank of
Thailand's policy on loan scrutiny by taking into account environmental aspect
which will take effect in the third quarter of 2023. These compel businesses to
adapt to changes, manage risks, and seek new opportunities. However, the
adaptation cannot be achieved by the leader alone. The entire organization needs
to move forward together, starting with organizational leaders setting
directions and sustainable visions that deploy to management teams. Every
employee must be involved in driving these efforts, and ultimately, ESG should
be integrated into the DNA and culture of the organization.

Energy Absolute pcl Chief Executive Officer Somphote Ahunai shared his 
experiences as the leader managing a business in the midst of drastic and abrupt
 changes.

"Business and sustainability can be driven on the same path. Leaders of 
organizations must find out how "planetary stewardship" and "money making" go
hand-in-hand, and navigate change to make differences, enhance competitiveness,
and drive policies and strategies which enable everyone in their organizations
to share and move towards the same goals. We, therefore, will be the business
that helps preserve the environment for sustainable growth," Somphote said.

Asian Alliance International pcl Chief Financial Officer Varanrath Assanupong 
exchanged her perspectives and experiences from playing important roles in
pushing sustainability into practices in her organization.

"Today, sustainability is recognized as a key element of organizations. As for 
sustainability, E, S and G concern many matters that are crucial to business
opportunities and good returns in the long run. ESG data significantly helps
prioritize the issues that affect organizations. In the near future, importance
of ESG data will be on par with financial data and both kinds of data will be
connected. So, CFOs' roles on ESG will be unavoidable," said Varanrath.

Government Pension Fund (GPF) Secretary General Srikanya Yathip shared 
knowledge, experience, and investment strategies for the future of the GPF as an
institutional investor that places importance on promoting and driving
sustainable investment in Thailand.

"The trend of sustainable investment is growing rapidly, resulting in a 
tremendous flow of funds into ESG-focused investments. GPF is aware of its roles
as a 'universal owner'. Therefore, GPF has established policy frameworks and
guidelines that support the integration of ESG factors and has enhanced positive
engagement processes to promote and stimulate collaboration among stakeholders
in elevating ESG practices. This will be key mechanisms to promote responsible
and sustainable investment."

SET aims to support all parties to always be aware of the importance of and 
embed social and environmental responsibility into operations, be
comprehensively considerate towards all stakeholders and comply with corporate
governance. SET focuses on developing ecosystems for sustainable business,
building knowledge and understanding and creating relevant tools to support
business sector such as the ESG Data Platform to make listed companies' ESG data
accessible to investors. SET also gathers the personnel whose work concerns
sustainability in the capital market (SET ESG Experts Pool) to drive the
wide-scope ESG development . Interested parties can watch back the "SET
Sustainability Forum 2/2023 : From Sustainability Ambitions ?to Action" through
SET Thailand's online channels : Facebook and YouTube.

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