The webinar was part of the continued collaboration between the SEC Thailand, the CFA Institute, and the CFA Society Thailand to strengthen ESG foundation for securities businesses in Thailand. In this connection, the CFA Institute contributed to the drafting of the Guidelines for securities analysts and fund managers to incorporate ESG factors into their equity analysis and preparation of analyst reports. The CFA Institute also invited executives and experts to share their views and practical experience on the matters with participants from securities industry including executives, securities analysts and fund managers.  

SEC Thailand Secretary-General Ms. Ruenvadee Suwanmongkol said: “Nowadays, ESG is a global theme and sustainability is a significant risk for financial returns and long-term value of business. ESG is a must- have element in today’s environment and It can contribute to sustainable business operation. Therefore, the SEC gives priority to promoting stakeholders’ awareness of the importance of ESG and the implementation of ESG principles into real practice. We are pleased to support this timely introduction of the Guidelines which will help capital market professionals to integrate material ESG factors into equity analysis of listed companies and incorporate them into their research reports. The intermediaries have an important role in sustainability-related information chain as they can provide investors with information for decision-making and in doing so, they also help strengthen the development of the Thai capital market.” 

Mr. Paul P. Andrews, Managing Director, Research, Advocacy and Standards, CFA Institute, said: “ESG analysis has become increasingly important to investment professionals globally, particularly as governments, asset owners, and investors consider the impact of ESG factors on their investments and local markets. While the quality and quantity of ESG data continue to improve, clear and uniform reporting standards remain at an early stage. We are pleased to partner with the SEC Thailand to develop guidelines for ESG integration in equity analysis, which strives to improve fundamental analysis and ultimately the investment choices investors make every day.”

Mr. Sornchai Suneta, Vice President of CFA Society Thailand, said, “CFA Society Thailand is committed to engaging and supporting Thai companies in realizing their social responsibility and governance that can transfer values to investors and contribute to long-term sustainability of their businesses.”