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21 Jun 2022

Econ Digest

How important is a sustainability report to the business sector?


        It is well known that investors around the world today are concerned with corporate environmental, social and governance or ESG practices while seeking monetary profit.

        Therefore, the business sector must focus on the disclosure of sustainability or ESG information to increase access to funding from investors. The information in the sustainability report can be used not only for investors to make investment decisions, but also to help build corporate credibility and communicate to stakeholders and investors the importance of and responsibility for society and the environment.

        In 2022, the Stock Exchange of Thailand (SET) recognized the importance of this matter, and thus has issued the Sustainability Reporting Guide for listed companies together with the ESG metrics for each industry group. In addition, as in other countries, companies listed on the SET are required to prepare an annual report, covering sustainability performance, which is also known as One Report.

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Econ Digest