Thai firms rising on Dow Jones sustainability index
Thailand’s companies are taking the Kingdom’s push for sustainability seriously, with several leading local firms named again to this year’s Dow Jones Sustainability Index, a globally recognized benchmark.
Twenty Thai firms are now among those listed on the Dow Jones Sustainability Index (DJSI). All the companies are listed on the Stock Exchange of Thailand (SET), and Dow Jones named seven of them as “industry leaders” in sustainability.
“The remarkable success of Thai listed companies inclusions in DJSI indicate that Thai businesses are committed to integrating environment, social and governance (ESG) aspects into operations while delivering robust operating performance,” said SET President Pakorn Peetathawatchai.
“Currently, sustainable investment is gaining popularity in Thailand with 23 funds launched in the market, combining assets under management of approximately $968 billion,” he added.
Thailand’s government has been working diligently to achieve the United Nations Sustainable Development Goals (SDGs). The UN recently ranked Thailand as the leader in Southeast Asia in attaining these goals. Sustainability requires more than just government action, while the DJSI inclusions indicate that Thailand’s private sector is also committed to caring for the planet.
The seven companies the DJSI named as industry leaders are Banpu in Coal and Consumable Fuels, CP All in Food and Staples Retailing, PTT Exploration and Production in Oil and Gas Upstream and Integrated, PTT Global Chemical in Chemicals, Thai Oil in Oil and Gas Refining and Marketing, True Corporation in Telecommunication Services, and Thai Union Group in Food Products.
Photo courtesy of https://www.set.or.th/sustainable_dev/en/sr/sd/evaluation_p1.html?printable=true