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Companies urged to issue yearly CSR reports

Apr 24. 2013
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By The Nation

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The Corporate Social Responsibility Institute (CSRI), under the Stock Exchange of Thailand (SET), is hosting seminars and other training events, to boost sustainability among Thai organisations, underscoring SET's long-term capital market development plan

 

SET executive vice president and CSRI director Bordin Unakul said enhancing CSR reports was the institute’s target to help Thai-listed companies disclose their CSR information and activities. This disclosure is essential, as investors are increasingly valuing companies operating with social and environmental responsibility under good corporate governance as an investment selection criteria. Therefore, a CSR report is key for organisations to evaluate themselves in order to improve business efficiency and grow with sustainability.
“To encourage Thai firms to do their CSR reports this year for distribution in 2014, a programme, called ‘Enhancing Thai listed firms’ CSR report development’,” has been created and organised by CSRI, together with the Thaipat Institute (Foundation of Thailand Rural Reconstruction Movement Under Royal Patronage). Companies participating in the programme will learn how to plan and collect information for reporting according to the Integrated CSR Reporting (iCSR) framework, which is also in accordance with the Securities and Exchange Commission rules to be announced this year. They are also offered a template of topics and issues in following iCSR and samples indicators for the report,” Bordin said.
In addition, the programme also provides extensive advice and suggestions for building a CSR Report, as well as activities for exchanging knowledge and opinions for further improving the report with quality, before upgrading the report to follow the GRI framework. 
 

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