Social Impact Investment
Social impact investment is a form of investment made for investors who want to invest in the business that can generate positive impact on society and environment, in addition to financial returns. The impact should last long with long-term sustainable financial rewards.
"Social enterprise" is a form of social impact investment. Social enterprise has clear social and environmental objectives and targets from the beginning. However, it operates as a business with financial sustainability.
In addition, social impact investment can be carried out in various forms. Investors can choose to invest as they prefer and seem fit. Social impact investment includes venture philanthropy, venture capital, impact investment, socially responsible investing, corporate partnership / hybrid value chain, crowd funding and social impact bond, and others.
SET has promoted the awareness and understanding of social impact investment via programs and activities covering:
- Organizing seminars to promote the exchange of knowledge and experience about social impact investment with social enterprise-related agencies such as Thai Social Enterprise Office, British Council, ChangeFusion, NISE Corp, etc., as well as the network of social impact investors domestically and internationally
- Creating awareness of social impact investment among top executives of listed companies through CEO Forums
- Promoting an understanding of social impact investment among listed companies to encourage them to integrate social impact investment with their business operations and create positive social and environmental impact through Social Impact Initiatives program which is a collaboration between SET and NISE Corp
In 2015, in addition to the Sustainability Awards, on October 16, 2015, The Stock Exchange of Thailand (SET) initiated and granted the "Social Enterprise Investment Awards” for listed companies that contribute their resources both financially and non-financially to support social enterprises for the first year.
SET Social Enterprise Investment Awards are granted to listed companies that invest or support social enterprises, aiming to tackle social problems or environmental issues, using their business management capabilities to drive the outstanding projects or activities, while still having financial sustainability.
To be continued