Bangkok, Stock Exchange of Thailand Points out that every sector should review the foundations of sustainable business development. Emphasis on good corporate governance Communicate all around and build confidence in the potential of Thai businesses on the world stage. It is expected that the Asia Pacific region will become a business center soon. The Monetary Authority of Singapore has stated that there will be investment of up to US$200 billion per year in the ASEAN region. The Stock Exchange of Thailand by SET ESG Academy organized the seminar SET Sustainability Forum 1/2024: Grounding Greater Governance for Good together with capital market executives both in Thailand and abroad to reinforce the importance of good corporate governance which is an important foundation for Develop sustainable business and investment, including the reliability of environmental information. Society and corporate governance (Environment, Social, Governance:ESG) as well as using data to make business and investment decisions i n the country and abroad. Special Professor Dr. Kittipong Kittayarak, Stock Exchange of Thailand Board Member and Chairman of the Corporate Governance and Sustainability Subcommittee. Opening speech and special lecture Topic: "Grounding Greater Governance for Good" that sustainable businesses are not created only with good intentions. But it must be driven by good governance. (Governance), which in addition to risk management It also refers to the organization's efficiency and carefulness, as well as its competitiveness and innovation, which are the heart of driving the business towards its goals and creating true value for the business. This has changed in the past 5 years. It's changing very quickly. Ten years ago we were talking about 5g, electric vehicle batteries were exciting. These things Businesses must transform for their customers, but sustainable development is a huge issue. The governance structure is changing towards sustainable development to reduce global warming. Companies on the stock excha nge must adapt and measure their greenhouse gas emissions as well as measure them to meet standards because this will allow the company to borrow money or receive assistance from banks, which the information must be reliable. The whole world is helping to reduce the global temperature by another 1.5 degrees Celsius. If we don't adjust the structure in time, we won't be able to compete. The competition here will be the survival of the organization. If we don't adjust, we will fall off the investment radar because it is considered the survival of mankind. Special Professor Dr. Kittiphong added that, however, from a positive perspective In the near future, the Asia Pacific region will be a center of growth. The business center will be here. According to Singapore's central bank, there will be investment of up to US$200,000 per year in the ASEAN region. In addition, information from the Asian Development Bank or ADB also indicates that Sustainable investment flows in ASEAN will amount to US$60 billion per year. If we don't adjust, we will fall out of the framework of investment, where investing in good governance is necessary. Ms. Helena Feng, Head of Sustainable Finance and Investment, London Stock Exchange Group, said investors around the world should pay more attention to business sustainability. Especially using information on corporate governance in making investment decisions. Transparency of investments and disclosure of ESG information that companies should attach great importance to. Source: Thai News Agency
The SEC points out that every sector should review sustainable business development.
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