Wednesday October 5 2022
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Thailand
Link: https://bit.ly/3Eiew0M
On 4th October 2022, the Stock Exchange of Thailand (SET) has moved forward to strengthen the Thai capital market’s ecosystem on sustainability by launching ESG Data Platform which gathers listed companies data on the environment, social and governance (ESG). The ESG Data Platform offers an end-to-end ESG data management system from listed companies’ data filing to analytics and distributed ESG data to stakeholders.
The platform features easy-to-use ESG data, which investors can rely on in combination with their financial analysis of the listed companies. It also supports the listed companies prepare for an ESG disclosure in accordance with the Form 56-1 One Report of the Securities and Exchange Commission, and other ESG reporting frameworks, which will pave the way for further business development and sustainable investment.
In phase 1 of the ESG Data Platform began offering service on October 3rd, 2022, the listed companies have been able to submit their ESG data via the SET Link.
Phase 2 will distribute ESG data to the SET public domain including SET website, settrade website and SETSMART within the second quarter of 2023.
SET will continue to develop its ESG Data Platform by focusing on the ESG data that can be used in the practical term, can meet the need of industries while taking into account the readiness of the listed companies. Also, it plans to use the ESG data in the assessment such as Thailand Sustainability Investment (THSI) and the Corporate Governance Report (CGR), to reduce the listed companies’ burden and the overlapping task in their filing of information.
Click on the above link for further information