Thai Bourse Joins Capital Market Units To Enhance CEO Role For Sustainable Company
by 27 Jun 07:09
Corporate Social Responsibility Institute (CSRI) of The Stock Exchange of Thailand (SET) joins hands with Securities and Exchange Commission (SEC) and other capital market units to hold the “CEO Forum: CEO’s role in building a sustainable organization” seminar to stimulate top executives of listed companies to conduct business with social responsibility for sustainable development.
The event, also co-hosted by CSR Club and Thai Listed Companies Association, is on June 29 at 08:30 a.m.-12:00 noon at SET building and feature two distinguished keynote speakers: Kittiratt Na-Ranong, Deputy Prime Minister and Finance Minister, on “Key step of Thai listed firms towards sustainable development,” and Kan Trakulhoon, President and CEO of Siam Cement Group, a model leader who successfully leads his company towards sustainability and meeting international recognition, to give insights on “The CEO’s role for a sustainable organization amid varying global conditions.”
SET President Charamporn Jotikasthira said: “SET has continually made great efforts in encouraging listed companies to operate with social responsibility. To be a consistently successful business in varying economic, societal and environmental conditions, management must consider impact of their actions on both internal and external organizations. Thus, top executives should play a crucial role in determining and implementing policies to enhance business operations with social and environmental responsibility. They also have to communicate with employees to get them to understand and join in such practices to become part of corporate culture. Driving businesses by taking social and environmental issues into account in every business procedure will lead to success and growth, as well as sustainable compatibility with society and the environment.”
SET will provide two handbooks for CEOs attending the seminar for their guidance in conducting business with social responsibility: (1) Guidelines for social responsibility, providing information on applying corporate social responsibility and the sufficiency economy philosophy to each company, and (2). Guidelines for Sustainable Development Report for companies to produce CSR reports in line with the Global Reporting Initiative, Charamporn said.
SEC Secretary-General Vorapol Socatiyanurak, said; “SEC has placed emphasis on developing and supporting good corporate governance and business conducting with social responsibility to listed companies. This seminar is the result of cooperation between SEC, CSRI, and capital market units to enhance management ability to realize the importance of operating with social responsibility with a concrete plan.”
For this year’s CSR development to listed companies, SEC and CSRI have also produced a questionnaire for CEOs of all listed companies to know the CEOs’ levels of understanding of and needs in developing corporate responsibility within their organizations. Survey results will be used to improve long term CSR enhancement plans and be in line with listed companies’ demand, paving the way to develop organizations with sustainability.