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Investors & SET Unite to Boost Thai Listed Companies' Climate Action

Investors & SET Unite to Boost Thai Listed Companies' Climate Action

MGR Online•Economy•3h ago

Reader Briefing

Thai institutional investors, including AMCs and GPF, are partnering with the Stock Exchange of Thailand to accelerate climate change management among listed companies.

  • •The Association of Investment Management Companies (AIMC), Government Pension Fund (GPF), and the Stock Exchange of Thailand (SET) have formed a strategic alliance.
  • •The collaboration aims to drive Thai listed companies towards robust climate change management and support Thailand's greenhouse gas reduction targets under the Paris Agreement.
  • •This partnership emphasizes proactive engagement, ESG integration, and the development of standardized reporting for climate-related risks.
  • •The initiative seeks to enhance transparent data disclosure, guide asset managers, and ensure progress in achieving Net Zero goals through responsible investment.

Overview

  • •The Association of Investment Management Companies (AIMC), Government Pension Fund (GPF), and Stock Exchange of Thailand (SET) have joined forces.
  • •AIMC, GPF, and SET will work proactively to drive listed companies to consider climate change impacts and support Thailand's Nationally Determined Contribution (NDC) goals.
  • •Chawinda Harnratanakul, President of AIMC, stated that sustainability (ESG) is crucial in the Thai capital market, with a focus on positive engagement and improving listed companies' performance.
  • •Chawinda Harnratanakul added that AIMC aims to elevate ESG standards within asset management firms and drive investment portfolios to reduce emissions and meet national targets.
  • •Songpol Cheevapinyaroj, Secretary-General of GPF, highlighted GPF's commitment to responsible investment, integrating ESG factors, and collaborating with AIMC and SET to achieve tangible sustainability outcomes.
  • •Songpol Cheevapinyaroj mentioned that GPF has engaged in positive engagement with listed companies since 2021 to promote responsible and sustainable business practices, focusing on climate risk management.
  • •Assadej Konjiri, Director & President of SET, emphasized that achieving national climate goals requires capital market cooperation, particularly from institutional investors promoting concrete actions from listed companies.
  • •This initiative is expected to create broad impacts, encouraging listed companies to set clear carbon reduction targets and pursue Climate Transition plans, thereby supporting national greenhouse gas reduction strategies.

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Key Quotes

Chawinda Harnratanakul
"“Sustainability or ESG is extremely important in the Thai capital market. We have focused on creative dialogue (Positive Engagement) and have consistently seen good development from listed companies."
“ความยั่งยืนหรือ ESG เป็นเรื่องที่สำคัญยิ่งในตลาดทุนไทย ซึ่งที่ผ่านมาเราเน้นการหารืออย่างสร้างสรรค์ (Positive Engagement) และได้เห็นพัฒนาการที่ดีของบริษัทจดทะเบียนมาโดยตลอด
Chawinda Harnratanakul
"“The asset management group itself has clear goals to elevate ESG operational standards within AMCs, committed to driving investment portfolios towards reducing emissions to meet national targets alongside listed companies."
“กลุ่มบริษัทจัดการลงทุนเองมีเป้าหมายที่ชัดเจนในการยกระดับมาตรฐานการดำเนินงานด้าน ESG ภายใน บลจ. พร้อมมุ่งมั่นขับเคลื่อนพอร์ตการลงทุนไปสู่การลดการปล่อยก๊าซเรือนกระจก (Portfolio Emission) ให้บรรลุเป้าหมายของประเทศควบคู่ไปบริษัทจดทะเบียน
Songpol Cheevapinyaroj
"“As institutional investors committed to the Principles for Responsible Investment (PRI), GPF prioritizes the continuous integration of Environmental, Social, and Governance (ESG) factors into the investment process."
“ในฐานะนักลงทุนสถาบันที่ยึดมั่นในหลักการลงทุนอย่างรับผิดชอบ (PRI) กบข. ให้ความสำคัญกับการบูรณาการปัจจัยด้านสิ่งแวดล้อม สังคม และธรรมาภิบาล (ESG) เข้าสู่กระบวนการลงทุนอย่างต่อเนื่อง
Songpol Cheevapinyaroj
"“This collaboration with AIMC and the Stock Exchange of Thailand is a significant step in elevating sustainability operations to tangible results."
“ความร่วมมือกับสมาคมบริษัทจัดการลงทุน (AIMC) และตลาดหลักทรัพย์แห่งประเทศไทยในครั้งนี้ จึงถือเป็นก้าวสำคัญในการยกระดับการดำเนินงานด้านความยั่งยืนให้เห็นผลเป็นรูปธรรม
Assadej Konjiri
"“Achieving the country's climate change goals requires cooperation from all sectors in the capital market, especially the proactive role of institutional investors in promoting concrete action by listed companies."
“การบรรลุเป้าหมายด้านการเปลี่ยนแปลงสภาพภูมิอากาศของประเทศต้องอาศัยความร่วมมือของทุกภาคส่วนในตลาดทุน โดยเฉพาะบทบาทเชิงรุกของนักลงทุนสถาบันในการส่งเสริมให้บริษัทจดทะเบียนลงมือดำเนินการอย่างเป็นรูปธรรม

Key Entities

Organization

Association of Investment Management Companies(สมาคมบริษัทจัดการลงทุน)
An organization that has partnered with GPF and SET to drive climate action among listed companies.
AIMC
Abbreviation for the Association of Investment Management Companies, a partner in driving Thai listed companies' climate action.
Government Pension Fund(กองทุนบำเหน็จบำนาญข้าราชการ)
An institutional investor partnering with AIMC and SET to promote responsible investment and climate change management.
GPF(กบข.)
Abbreviation for the Government Pension Fund, an institutional investor committed to responsible investment and ESG integration.
The Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️
The national stock exchange partnering with institutional investors to promote climate transition among listed companies.
SET(ตลท.)ℹ️
Abbreviation for The Stock Exchange of Thailand, collaborating to support listed companies in climate-focused business operations.

Person

Chawinda Harnratanakul(ชวินดา หาญรัตนกูล)
President of the Association of Investment Management Companies (AIMC), who spoke about sustainability and ESG in the Thai capital market.
Songpol Cheevapinyaroj(ทรงพล ชีวะปัญญาโรจน์)
Secretary-General of the Government Pension Fund (GPF), who highlighted the fund's commitment to responsible investment and ESG integration.
Assadej Konjiri(อัสสเดช คงสิริ)
Director & President of the Stock Exchange of Thailand (SET), who emphasized the role of institutional investors in climate action.

Law

Paris Agreementℹ️
An international treaty under which Thailand's Nationally Determined Contribution (NDC) greenhouse gas reduction targets are set.

Policy

Nationally Determined Contribution (NDC)(Nationally Determined Contribution : NDC)
Thailand's greenhouse gas reduction targets established under the Paris Agreement, which this initiative aims to advance.

Concept

Climate Transition
The process of businesses shifting their operations and investments towards a low-carbon economy, a key focus of the collaboration.
ESGℹ️
Environmental, Social, and Governance factors that are being integrated into investment processes by institutions like GPF.
Responsible Investment (PRI)ℹ️
Principles guiding institutional investors like GPF to incorporate sustainability into their investment strategies.