Thai corporations tops the world’s sustainability rating by S&P World

The Inventory Trade of Thailand revealed that 11 Thai corporations have been awarded in Gold Class, the world’s highest rating by quantity in sustainability facet in “The Sustainability Yearbook 2021” carried out by S&P World.

Of the whole 11 corporations, 10 are SET-listed corporations and the opposite one is a Thai firm, strikingly resonating that the sustainability strategy is viable and has leveled up the nation’s capital market to be widely known in worldwide enviornment.

11 Thai corporations ranked in Gold Class class

The 11 Thai corporations ranked in Gold Class class comprise 10 listed corporations: Banpu pcl (BANPU), BTS Group Holdings pcl (BTS), IRPC pcl (IRPC), PTT pcl (PTT), PTT Exploration and Manufacturing pcl (PTTEP), PTT World Chemical pcl (PTTGC), Siam Cement pcl (SCC), Thai Oil pcl (TOP), True Company pcl (TRUE) and Thai Union Group pcl (TU); and a Thailand-based firm: Thai Beverage pcl.

This yr, the whole of 29 Thai corporations that ranked in The Sustainability Yearbook 2021 has made Thailand attain the seventh spot on the planet behind the US, Japan, South Korea, the UK, France and Taiwan.

Considerably, 11 Thai corporations have lately been ranked in Gold Class class in S&P World’s “The Sustainability Yearbook 2021”, remarkably thought of the very best quantity globally.

SET President Pakorn Peetathawatchai

SET President Pakorn Peetathawatchai stated that SET has constantly promoted the Thai capital market towards sustainability improvement to profit all stakeholders, consistent with SET’s imaginative and prescient ‘To Make the Capital Market Work for Everybody’.

As well as, SET has additionally inspired the enterprise sector to embrace surroundings, social,  and governance or ESG ideas of their operation whereas enhancing efficiency to spice up balanced development between enterprise and society hand in hand. .

“SET helps listed corporations throughout the board in any respect ranges and industries to combine sustainability into enterprise operations and promotes sustainable investing  by creating and uplifting high quality of ESG disclosure in addition to bettering data reporting course of to offer utmost profit to each listed corporations for enterprise operation improvement and buyers for environment friendly evaluation and securities valuation.

The choice relies on sustainability evaluation of over 7,000 corporations throughout 40 nations,” Pakorn added.

For additional data, please go to https://www.spglobal.com/esg/csa/yearbook/.