Thailand Sustainability Investment
Responsible investment pays attention to environmental, social and governance (ESG) factors in the investment decision-making process. The concept has been steadily promoted and received widespread interest from global investors. It is significant that SET has been developing relevant products and services to meet investors’ demand based on responsible investment policies.
The Stock Exchange of Thailand (SET) continues to underline its commitment to develop Thai listed firms’ quality towards sustainable growth by announcing the Thailand Sustainability Investment (THSI) 2016 list, showcasing listed companies with outstanding performance on Environmental, Social and Governance (ESG) aspects from its annual sustainability assessment
SET selects listed companies from those that have voluntarily participated in the sustainability assessment questionnaires covering ESG and economic dimensions. SET reviews the assessment questions every year to ensure they accurately reflect the context which is changed at global level.
Companies selected for THSI list must score at least 50 percent on the assessments in each dimension, or those which are components of the Dow Jones Sustainability Index (DJSI) and meet qualifications criteria. The criteria cover assessment of corporate governance report quality, net profit and shareholders' equity, passing SET/ mai listed companies' qualifications, and having no significant negative impact on ESG.
The assessment is carried out by the sustainable investment working group consisting of experts in corporate governance and social responsibility, including representatives from the capital market organizations, strictly adhering to transparent and reliable process.
73 companies in THSI list 2018 are listed on SET and six on Market for Alternative Investment (mai). The selected companies have a total market cap of THB 10.59 trillion (approx. USD 320.9 billion), representing 59.8 percent of the combined SET and mai market cap of THB 17.71 trillion. Average dividend yield for stocks in THSI is 3.91 percent, outperforming SET's overall average dividend yield of 3.62 percent. The industry groups with highest number of firms in THSI are: 17 firms in Resources, 14 in Property & Construction and 13 in Industrials. Classified by market capitalization, 25 listed firms have market value more than THB 100 billion, 26 firms in a range of THB 10-100 billion and 28 firms below THB 10 billion (as of October 10, 2018).
- Thailand Sustainability Investment 2018 list <Click here>