Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Thai Bourse Joins RobecoSAM To Prepare Thai Firms For DJSI

Date 26/03/2014

The Stock Exchange of Thailand (SET), jointly with RobecoSAM AG, an internationally-known sustainability investment specialist, has recently held an exclusive training program, called “DJSI Exclusive Training,” to coach 31 Thai companies, making them well-prepared to participate in the sustainability assessment of the Dow Jones Sustainability Indices (DJSI), the globally-recognized sustainability benchmarks, as a part of SET’s long-term capital market development to support listed companies’ sustainable growth.

The 31 companies, consisting of 30 listed companies and one non-listed company, were selected to be in sustainability assessment for DJSI, namely ADVANC, AOT, BANPU, BAY, BBL, BEC, BGH, BH, BIGC, BTS, CPALL, CPF, CPN, DTAC, GLOW, INTUCH, IRPC, IVL, KBANK, KTB, MINT, PTT, PTTEP, PTTGC, SCB, SCC, TOP, TMB, TRUE, TUF and Thai Beverage pcl, a non-Thai listed company.

SET Executive Vice President Bordin Unakul said SET has invited experts from Swiss-based RobecoSAM, working with S&P Dow Jones Indices to produce DJSI, to increase readiness for the 31 firms having passed a screening selection for DJSI and then would be invited to participate in the corporate sustainability assessment in April-May. The finalists to be constituents of DJSI will be announced in September 2014.

“It’s significant for companies to be qualified and selected to be members of DJSI. This will boost attractiveness to both domestic and foreign investors and enhance trust on business operations with high commitment on social responsibility together with good performances, resulting in sustainable growth. SET has continuously held exclusive activities, such as CEO Forums and Coaching Workshops, to enhance their expertise and potential,” Bordin added. 

In 2013, there were three Thai listed companies selected into DJSI World, namely PTT pcl (PTT), PTT Global Chemical pcl (PTTGC) and Siam Cement pcl (SCC). These three companies, as well as Thai Oil pcl (TOP) were also added into DJSI Emerging Markets.