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Stock Exchange Of Thailand: Four Thai Listed Firms Named To Dow Jones Sustainability Indices

Date 10/10/2013

The Stock Exchange of Thailand (SET) announced that the Dow Jones Sustainability Indices (DJSI), one of the most highly regarded global sustainability indices, now includes two more Thai listed companies – PTT Global Chemical pcl (PTTGC) and Thai Oil pcl (TOP) -- in its indices, on top of two existing Thai firms – Siam Cement Group pcl (SCG) and PTT pcl (PTT) – following the recent announcement by S&P Dow Jones and RobecoSAM to track the financial performance of the global leading sustainability-driven companies.
 
Of the four companies in the DJSI, SCG, PTT, and PTTGC are in the DJSI World, and TOP is in  the DJSI Emerging Markets, the new index this year.
 
SET Executive Vice President and CSRI director Bordin Unakul said it was an honor for two more Thai listed companies to be added to the DJSI, and noted that they were among the 35 Thai firms invited to be evaluated by the DJSI for its sustainability indices. SET’s Corporate Social Responsibility Institute (CSRI) enhances the opportunities of Thai listed firms which operate with social responsibility to be selected by DJSI via activities such as the CEO Forums, CSRI Forums, and DJSI Coaching Workshops.  These activities help show SET’s commitment to develop the Thai capital market in the long term.
 
“Being selected as DJSI components boosts attractiveness of these companies among domestic and international investors and firms up their confidence that the companies operate business with social and environment concerns, together with making good returns, resulting in sustainable growth and long-term benefits for investors,” Bordin added.
 
The DJSI were the global indices to track the financial performance of leading sustainability-driven companies worldwide, and leading funds use the DJSI as a gauge for making prudent long-run investment decisions. The DJSI invites over 3,000 publicly traded companies to report annually on their sustainability practices. Selection to the DJSI is based on market capitalization and in-depth analysis of a company’s economic, environmental and social aspects, with a focus on long-term development of corporate value. S&P Dow Jones Indices and RobecoSAM will announce results of its annual review every September.