SET promotes social investment

 

 

SET Chairman Sathit Limpongpun said that financial returns and profit sharing with society and environment will allow efficient and sustainable growth. This encouraged the exchange to launch a series of training for listed companies, mutual fund companies and investors, so that they understand more on social investment. They can divert some profits to social enterprises or invest in socially-responsible projects. 

"Several organisations have adopted the Environment Social Governance (ESG) principles. Our focus is on two layers, to enlist more Thai companies in the Dow Jones Sustainability Index and to raise awareness on sustainability among listed companies. Social enterprises have been popular in several countries and we will push for this in Thailand. Mutual fund companies may invest in social enterprises or set up a subsidiary which is doing good deeds for communities. It's a pleasure to know that some mutual fund companies are considering to set up funds, of which partial returns would be invested in social enterprises," he said. 

This week, two seminars are hosted: "New Investment opportunities for sustainable growth" on July 28 and "Investing for sustainability: Pursuing impact & profit in globally diversified portfolios" on July 31. More will follow.