The Stock Exchange of Thailand (SET) is the newest member of the SSE initiative

10 September 2014

Bangkok- The Stock Exchange of Thailand (SET) have publicly announced that they have joined the UN Sustainable Stock Exchanges (SSE) initiative, making them the first Southeast Asian country to pledge their commitment to the promotion of sustainability within their capital markets. This gives the SSE a strong partner in the region to advance the integration of environmental and social risk factors into decision making.  With the original signing of the commitment letter on 10 July 2014, the SET made the following declaration: "The SET voluntarily commits, through dialogue with investors, companies and regulators, to promoting long-term sustainable investment and improved environmental, social and corporate governance disclosure and performance among companies listed on our exchange." The SSE Co-organizers welcome the Stock Exchange of Thailand and applaud its pioneering role in ASEAN.  The SSE looks forward to working with other stock exchanges in the ASEAN area, many of whom are already playing an important role in promoting sustainable business practices.

Dr. Sathit Limpongpan, Chairman of the Board

                    The SET has proven that it is a strong supporter of corporate social responsibility and sustainability, offering their listed companies and investors a wide range of guidance and training in these areas.  By informing their stakeholders of the importance of valuing sustainability factors in their strategy formulation and investment decisions, the SET is taking a leadership role in their capital markets and increasing the long-term shareholder value. The SSE was jointly launched by United Nations Conference on Trade and Development (UNCTAD)United Nations Global Compact (UN Global Compact)United Nations Principles for Responsible Investment (UNPRI) and United Nations Environment Program Finance Initiative (UNEP FI) in 2009.  The initiative aims at forming collaboration between exchanges, regulators and policy makers, investors, companies, and other stakeholders worldwide to enhance corporate transparency and advance the discussion on environmental and social disclosures and sustainability reporting. To learn more about the SSE initiative and its Global Dialogue 2014 in Geneva on 14 October, visit: www.sseinitiative.org/. Please click on the following to review the official press releases by the SET:  English     Thai

About the SSE

The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.