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The Stock Exchange of Thailand (SET) has been striving for the Thai capital market’s sustainable development
to enhance its competitiveness in the global playing field and support the market value chain’s growth with quality.
This is in compliance with the United Nations’ Sustainable Development Goals (SDGs) announced in 2015 to encourage
and engage the global population to contribute to sustainable development of the economy, society and environment.
The capital market, in particular, plays a crucial role in helping the world to achieve the SDGs.
SET has been focusing on the quality of listed companies
by promoting corporate governance and social responsibility
to achieve the balanced growth of the economy, society and
environment, and to create confidence among stakeholders
of the capital market.
In 2015, Thai listed companies earned the highest
average score in the ASEAN CG Scorecard for the fourth
consecutive year, showing that Thai listed firms continue to
strive for international levels of sustainability. Thirteen Thai
listed companies have been chosen to be included in Dow
Jones Sustainability Indices (DJSI), the highest number among
ASEAN capital markets for two consecutive years.
On investor quality development, there are more than
1.2 million retail investors who significantly influence the
liquidity in the market, contributing 59% of total market
turnover. Therefore SET provides them with investment
immunity by educating them via online and offline digital
channels. This should provide investors with sufficient
information for making informed investment decisions,
plus wide accessibility to information.
2015 was a year of concrete development of SET’s
sustainability. SET, in cooperation with related organizations
in the capital market, shortlisted and distributed a list of
51 sustainability stocks. This was the first time in Thailand
that listed companies with outstanding Environmental, Social,
and Governance (ESG) performance were promoted as
alternatives for investors, making the concept of responsible
investment more widely known. In addition, SET promoted
listed firms’ social impact investment through social
enterprises (SEs) so that businesses making positive
social and environmental impact would be able to expand
and continue making the difference, by employing
the capital market mechanism.
In January 2016, SET moved to its new headquarters. It is
the center of the capital market, with modern facilities, and
is environmental-friendly, constructed in compliance with
the Gold level of certification of Leadership in Energy
and Environmental Design (LEED), a globally-renowned
green building certification. The new SET building places
importance on effective energy and resource management,
and is set to be the prototype of Thailand’s energy-
efficient buildings.
In 2016, SET continues to make progress in being
a sustainable organization capable of coping with the
ever-changing capital market environment. The Exchange
looks forward to providing diverse investment products,
enhancing its IT systems for more efficient services and
finally becoming a digital exchange, to strengthen its
competitive advantage in the global borderless arena.
SET staff will also be united to mutually drive SET to
achieve excellence in every aspect.
SET is confident that its endeavors to promote sustainable
development among its stakeholders will be an important
push for stable growth of the capital market, building
a strong foundation for Thailand’s sustainable economic
and social development.
Kesara Manchusree
President
The Stock Exchange of Thailand