By The Nation
A total of 20 SET-listed firms have been selected for the DJSI, marking top inclusions in the DJSI among ASEAN for the sixth consecutive year; another 11 out of 20 SET-listed firms are globally recognised in the DJSI World Markets index. This achievement reinforces that Thai listed companies' sustainability practices have progressed and are recognised at international level.
“The remarkable success of Thai listed companies as Asean’s top inclusions in the DJSI and the continuous increase in number of the indices’ constituents indicate that Thai businesses are committed to integrating environment, social and governance (ESG) aspects into operations while delivering robust operating performance. Being components of the DJSI will enhance the attractiveness of Thai listed firms from both local and foreign investors, and earn them reliability as investment alternatives which yield attractive returns for investors in the long run. Sustainable investment are gaining popularity in Thailand with 23 funds launched in the market, combining assets under management (AUM) of Bt30 billion,” said SETe President Pakorn Peetathawatchai.
SET has prioritised enhancing sustainability development to benefit every sector, in accordance withi ts vision “To Make the Capital Market ‘Work’ for Everyone”. Listed companies have been encouraged to integrate sustainability into all processes of business operations. Most listed companies with outstanding sustainability performance have also playing an important role in driving Thai economic growth.
Seven Thai listed companies ranked the top-scoring sustainability by industry groups for 2019, up from five firms a year earlier. The seven leaders are Banpu Plc (BANPU) in Coal and Consumable Fuels, CP All Plc (CPALL) in Food & Staples Retailing, PTT Exploration and Production Plc (PTTEP) in Oil & Gas Upstream & Integrated, PTT Global Chemical Plc (PTTGC) in Chemicals, Thai Oil Plc (TOP) in Oil and Gas Refining & Marketing, True Corporation Plc (TRUE) in Telecommunication Services, and Thai Union Group Plc(TU) in Food Products.
Eleven firms have been recognised in the 2019 DJSI World Index, namely Advanced Info Service Plc (ADVANC), Airports of Thailand Plc (AOT), CP All Plc (CPALL), Central Pattana Plc (CPN), Indorama Ventures Plc (IVL), Kasikornbank Plc (KBANK), PTT pcl (PTT), PTT Exploration and Production Plc(PTTEP), PTT Global Chemical Plc (PTTGC), The Siam Commercial Bank Plc (SCB), and The Siam Cement Plc (SCC).
Twenty companies have been selected as DJSI constituents: They are: Advanced Info Service Plc (ADVANC), Airports of Thailand Plc (AOT), Banpu Plc (BANPU), BTS Group Holdings Plc(BTS), CP All Plc (CPALL), Charoen Pokphand Foods Plc(CPF), Central Pattana Plc (CPN), Home Product Center Plc (HMPRO), IRPC Plc (IRPC), Indorama Ventures Plc (IVL), Kasikornbank Plc(KBANK), Minor International Plc (MINT), PTT Plc (PTT), PTT Exploration and Production Plc (PTTEP), PTT Global Chemical Plc (PTTGC), The Siam Commercial Bank Plc (SCB), The Siam Cement Plc (SCC), Thai Oil Plc (TOP), True Corporation Plc(TRUE) and, Thai Union Group Plc (TU).
The announcement of the list of DJSI members will be effective from September 23. The DJSI reviews and announces the list of its members every September.
In 2019, DJSI invited 2,526 large market cap companies listed on global stock exchanges and 808 firms on emerging markets to participate in DJSI corporate sustainability assessment in economic, governance, environment and social aspects to select those with outstanding performance in sustainable business operations and passing institutional investor primary criteria to be the components list of the DJSI series used by leading funds as an investment benchmark. As of April, assets under management (AUM) with sustainable and responsible investment amounted to US$86 trillion (approximately Bt2,774 trillion), continuously rising every year and surging $4 trillion from 2018, according to the United Nations-supported Principles for Responsible Investment's (UNPRI) survey.