9
Message from the Chairman
In 2014, the SET Board of Governors continued the
mission to develop the Thai capital market sustainably
by initiating policies to long-term growth in both
quantity and quality, with good corporate governance
practices and agility to cope with economic, social
and environmental conditions. The long term strategy
towards the year 2020 called “Towards Sustainable
Growth” has been set up to integrate business
operations with sustainable development, while
encouraging stakeholders to join hands to advance
together. It is significant that SET’s sustainability
development framework has firmly been established
as a guideline for implementation to ensure long-term
sustainability of the listed firms, investors and the
capital market as a whole.
It is significant that, SET has become the first
exchange in the Association of Southeast Asian
nations (ASEAN) to participate in the UN Sustainable
Stock Exchanges Initiative. This marked the exchange’s
position on sustainability of the business sector
through the network of leading international financial
and capital markets, consequently attracting foreign
investors’ interest in Thai listed companies. More
importantly the forum has been designed to facilitate
the sharing of experiences among exchanges on
sustainability development by encouraging businesses
to disclose their performance regarding environment,
social and corporate governance. The enhancement
of financial education and commitment on investment
with social and environmental conscience are vital
to strengthening the stock exchange and today’s
capital market operation for tomorrow’s sustainable
growth.
In accordance with the SET’s five-dimensional
sustainable development framework, in 2015 SET
will further enhance the market sustainability and
clearly determine the targets, the commitments
and execution period. The five dimensions are:
value creation for
market growth
,
sustainability
management
,
employee
,
social
and
environmental
.
SET is committed to this policy and will drive
strategies to support sustainability development of
the entire Thai capital market. To achieve this, SET
has partnered with stakeholders to further expand
the market and promote the country’s economic
growth towards sustainability.
During the past 40 years, SET has served as Thailand’s center for investment and fund mobilization.
The exchange has played a key role in driving the economy, promoting the expansion of the
Thai capital market as well as serving as a source of financial returns for shareholders. SET has
increasingly achieved remarkable success. Amid the volatility of global economy and social changes,
SET has laid out the vision to solidify the Thai capital market to grow in a sustainable manner, in line
with the global trend.
Dr. Sathit Limpongpan