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The Stock Exchange of Thailand (SET) today grants “SET Sustainability Awards 2016” to 14 listed companies with excellent performance in sustainability development, having good corporate governance practices and taking stakeholders' benefits into account, while recognizing a list of 51 companies selected for “Thailand Sustainability Investment” (THSI), a list of stocks with outstanding performance on environmental, social and governance (ESG) aspects. The 14 award-winning firms of SET Sustainability Awards 2016 are BANPU, BCP, CFRESH, CHO, HMPRO, IRPC, LPN, MINT, PPP, PTTGC, SAT, SCC, SSSC and TOP.
In addition, this year SET has initiated a special award to recognize distinguished person who have made significant contributions to the capital market’s sustainable development. This year, SET grants this award to Professor Hiran Radeesri, Chairman of Thailand Sustainability Investment Committee and Expert on Corporate Governance and Social Responsibility, The Stock Exchange of Thailand, to honor his contribution to drive progress and help support the Thai capital market on the path to sustainable development.
SET President Kesara Manchusree stated that SET Sustainability Awards aims to honor listed firms with excellent performance on ESG aspects, being role models to inspire others. This underscores SET’s commitment to encourage listed firms to not only focus on financial returns but also take ESG performance into consideration, while motivating investors, especially institutional investors to consider ESG for investment decisions. This will result in a more solid foundation, making the capital market work for all stakeholders.
“Since 1995, SET has encouraged Thai listed firms to integrate corporate governance practices into their operations. After that SET extended the mission to promote sustainable development. It’s fortunate that the effort to achieve the sustainable development goal has been supported by many experts. Therefore, this year SET cordially grants a special award in honor of Professor Hiran Radeesri’s valuable contribution in developing and laying a solid foundation of CG practices for the Thai capital market for more than 20 years. He has been instrumental in driving listed firms to truly create impacts to society and environment at domestic and international levels,” Kesara added.
The 14 awards are grouped into three categories: eight Best Sustainability Awards, granted to BANPU, CFRESH, LPN, PTTGC, SAT, SCC, SSSC and TOP (in alphabetical order); four Outstanding Sustainability Awards granted to BCP, CHO, IRPC and MINT; and two Rising Star Sustainability Awards for HMPRO, PPP, in addition to awards for 51 companies selected for “Thailand Sustainability Investment” (THSI).
For more information and the full list of award winners, please visit www.set.or.th/sustainable_dev/th/sr/sd/awards_p1.html .
