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25 Feb 2014 18:03:00
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SET News : Thai bourse, Thaipat Institute announce 2014 CSR direction, focusing on "Creating...
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SET
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SET
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SET News 14/2014
                                                                                
      Feb 25, 2014

Thai bourse, Thaipat Institute announce 2014 CSR direction, focusing on 
"Creating Shared Value"

BANGKOK, February 25, 2014 - The Stock Exchange of Thailand (SET) and Thaipat 
Institute (the Foundation for Thailand Rural Reconstruction Movement under Royal
Patronage), jointly hold a seminar to disclose 2014 CSR direction for the
industry which would focus on stimulating the private sector to boost its role
in social responsibility, under the theme "Corporate Citizenship."
 
To perform its role as a corporate citizen of the society, the private sector 
might integrate the "Creating Shared Value" (CSV) strategy by utilizing
corporate assets and expertise in conducting social responsibility, to create
economic value and business opportunities, together with scalable and
self-sustaining social development.
 
SET President Charamporn Jotikasthira said SET continuously enhanced commitment 
to social responsibility among listed companies from the CEO through to the
officer levels through a variety of activities, such as CEO Forums, seminars,
workshops, and other training, focusing on applying social responsibility to
achieve corporate sustainable development. The exchange also develops and
disseminates CSR reporting guidelines to prepare listed firms in disclosing
their social responsibility performance through CSR reports. For potential
listed firms which could comply with global sustainability benchmarks, the Thai
bourse encourages them to seek to qualify as members of the Dow Jones
Sustainability Indices (DJSI). To prepare the companies for the sustainability
assessment, used in screening DJSI members, SET has invited RobecoSAM, an
investment specialist in sustainability investing assessment for S&P and Dow
Jones, to guide such firms.
 
"SET's key objectives in developing social responsibility and sustainability 
among listed firms are to create awareness and promote a better understanding of
corporate social responsibility. Firms are encouraged to embed social
responsibility  into all business processes, to eventually enhance their
competitiveness and productivity," Charamporn added.
 
Pipat Yodprudtikan, director of Thaipat Institute, said that companies should 
engage in social development to achieve corporate sustainability, not only
because the society is affected by the firms' operations but also because of
companies' corporate citizenship as key stakeholders of the society.
 
For details on the outlook for CSR & Sustainability in 2014, please see "Six 
Directions of CSR & Sustainability 2014: Corporate Citizenship" produced by
Thaipat Institute, tel. 66 2930 5227, email info@thaipat.org or see details at
www.thaipat.org
 
SET Group: "Matching Your Right Financial Opportunities"
 
For more information, please visit www.set.or.th
Members of the media should contact the Public Relations Unit, Corporate 
Communications Dept.:
Kanokwan Khemmalai, tel: +66 (0) 2229 2048 / Arada Kultawanich, tel: +66 (0) 222
 2796
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