Thai SRI development roadmap meeting; criteria establishment and indexes
At Securities and Exchange Commission, GPF Wireless Road. Bangkok
9:00 – 12:00 on 16 December, 2008
Executive Summary
The meeting among regulators, mutual fund managers and related institutions concluded the roadmap for SRI development in Thailand. The new wave of Socially Responsible Investment (SRI) has been gaining popularity in most developed capital markets, the stock exchange of Thailand (SET) together with Stock Exchange Commission (SEC) are planning to launch Thailand’s SRI or CG indexes by 2010. However, at this initial stage, financial institutions interested in SRI will participate in the development of the common SRI criteria development adapted from the globally acceptable standard such as that of ISO and OECD guideline, DJSI and FTSE4Good criteria as well as GRI sustainability reporting guideline. This is also to encourage and prepare local listed companies to improve their social and environmental performance based on common benchmarks as well as enhance their understanding on CSR and ethical business concept before the launching of the actual SRI or CG index.