THAIPAT Announces ESG100: 2018 List
Plans to Launch ESG Index for Sustainable Investment in Mid-2018
17 May 2018 – Thaipat Institute today announces ESG100: 2018 List, naming 100 publicly listed companies that are outstanding in terms of Environmental, Social and Governance (ESG) performance this year. The list aims at presenting great choices to investors who are interested in quality firms and yields that are no less than what general-investment methods offer.
Thaipat Institute, the pioneer in the development of Thailand’s corporate sustainability database, has released the annual ESG100 list every year since 2015 to recognize the 100 outstanding ESG performers on the Thai stock market. With solid database, the institute’s ESG Rating team has now spun off as ESG Rating Company Limited to provide full-scale sustainable investment information, assessment and index services.
In compiling the ESG100: 2018 List or the ESG100 list in the fourth year, the ESG Rating team of Thaipat Institute has reviewed 683 publicly listed companies (excluding those that are undergoing business rehabilitation) based on over 12,648 publicly-available data points from six data sources1.
Dr.Pipat Yodprudtikan, chairman of Thaipat Institute, says, “We have compiled the ESG100: 2018 list by taking into account not just ESG performance but also companies’ operating results. Developed from the Global Initiative for Sustainability Ratings or GISR’s Framework and Principles, our ratings model seeks to ensure firms on our ESG100 list answer well to the needs of stakeholders, and of shareholders or investors”.
The ESG100: 2018 list covers companies from eight industries namely:
Companies from the services industry have the highest percentage on the ESG100: 2018 list. Of the top 100 publicly listed companies in terms of ESG performance, as many as 23 come from the services sector. Tied on the second spot are the resources and the industrials ranked the third, with 16 and 14 representatives respectively. This year, the ESG100 list includes 10 companies from the MAI too. They are D, ITEL, JUBILE, MOONG, PPS, SPA, SWC, TACC, TPCH, and WINNER.
The ESG100 companies have the combined market capitalization of around Bt12.4 trillion. In other words, they account for 69.4 per cent of the Thai stock market’s total market (SET+mai) cap of Bt17.9 trillion.
This year, ESG Rating Company Limited started providing ESG performance assessment services. By assessing ESG factors disclosed on sustainability reports, annual reports, or annual registration statement (Form 56-1) of the listed companies, the ESG (rating) report for each firm with integrated ESG analysis in three dimensions (topic-specific, industry-specific, and company-specific) will be available for those who need thorough picture of the targeted companies. While the generic ESG analysis, after all, does not reflect actual ESG performance for industries and companies (ESG factors affecting company bottom line are different from industries to industries and companies to companies).
ESG Rating Company Limited is now preparing to release ESG Index in the middle of 2018. Like many other ESG-related indexes have been in place overseas, such as S&P Global 1200 ESG Factor Weighted Index, FTSE ESG Indexes, MSCI ESG Leaders Indexes, and Russell 1000 ESG Index, this ESG index will soon be set as a benchmark for ESG investing and provide sustainable-investment alternatives for Thai-stock investors.
For more information on the stocks of ESG100 companies, investors can check out www.esgrating.com.
For more information, please contact
Khun Veraya Preeyapan
Tel: 02-930-5227 Fax: 02-930-5228
Email: info@thaipat.org
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1 These sources are: Data listed under the Corporate Social Responsibility subject in the annual registration statement (Form 56-1), Securities and Exchange Commission; ESG rating information on publicly listed companies, ESG Rating Company Limited; Data used for the granting of Sustainability Report Awards, Thai Listed Companies Association; Findings from CG Scoring surveys, the Thai Institute of Directors (IOD); Findings from sustainability development ratings on CSR Progress Indicators and Anti-corruption Indicators, Thaipat Institute; and information on Media and Stakeholder Analysis (MSA), Image Plus Communication Company Limited.
[News Release]
Thaipat Institute, the pioneer in the development of Thailand’s corporate sustainability database, has released the annual ESG100 list every year since 2015 to recognize the 100 outstanding ESG performers on the Thai stock market. With solid database, the institute’s ESG Rating team has now spun off as ESG Rating Company Limited to provide full-scale sustainable investment information, assessment and index services.
In compiling the ESG100: 2018 List or the ESG100 list in the fourth year, the ESG Rating team of Thaipat Institute has reviewed 683 publicly listed companies (excluding those that are undergoing business rehabilitation) based on over 12,648 publicly-available data points from six data sources1.
Dr.Pipat Yodprudtikan, chairman of Thaipat Institute, says, “We have compiled the ESG100: 2018 list by taking into account not just ESG performance but also companies’ operating results. Developed from the Global Initiative for Sustainability Ratings or GISR’s Framework and Principles, our ratings model seeks to ensure firms on our ESG100 list answer well to the needs of stakeholders, and of shareholders or investors”.
The ESG100: 2018 list covers companies from eight industries namely:
| • | Agro & Food Industry | 10 companies |
| • | Consumer Products | 6 companies |
| • | Financials | 12 companies |
| • | Industrials | 14 companies |
| • | Property & Construction | 10 companies |
| • | Resources | 16 companies |
| • | Services | 23 companies |
| • | Technology | 9 companies |
Companies from the services industry have the highest percentage on the ESG100: 2018 list. Of the top 100 publicly listed companies in terms of ESG performance, as many as 23 come from the services sector. Tied on the second spot are the resources and the industrials ranked the third, with 16 and 14 representatives respectively. This year, the ESG100 list includes 10 companies from the MAI too. They are D, ITEL, JUBILE, MOONG, PPS, SPA, SWC, TACC, TPCH, and WINNER.
The ESG100 companies have the combined market capitalization of around Bt12.4 trillion. In other words, they account for 69.4 per cent of the Thai stock market’s total market (SET+mai) cap of Bt17.9 trillion.
This year, ESG Rating Company Limited started providing ESG performance assessment services. By assessing ESG factors disclosed on sustainability reports, annual reports, or annual registration statement (Form 56-1) of the listed companies, the ESG (rating) report for each firm with integrated ESG analysis in three dimensions (topic-specific, industry-specific, and company-specific) will be available for those who need thorough picture of the targeted companies. While the generic ESG analysis, after all, does not reflect actual ESG performance for industries and companies (ESG factors affecting company bottom line are different from industries to industries and companies to companies).
ESG Rating Company Limited is now preparing to release ESG Index in the middle of 2018. Like many other ESG-related indexes have been in place overseas, such as S&P Global 1200 ESG Factor Weighted Index, FTSE ESG Indexes, MSCI ESG Leaders Indexes, and Russell 1000 ESG Index, this ESG index will soon be set as a benchmark for ESG investing and provide sustainable-investment alternatives for Thai-stock investors.
For more information on the stocks of ESG100 companies, investors can check out www.esgrating.com.
For more information, please contact
Khun Veraya Preeyapan
Tel: 02-930-5227 Fax: 02-930-5228
Email: info@thaipat.org
--------------------------------------
1 These sources are: Data listed under the Corporate Social Responsibility subject in the annual registration statement (Form 56-1), Securities and Exchange Commission; ESG rating information on publicly listed companies, ESG Rating Company Limited; Data used for the granting of Sustainability Report Awards, Thai Listed Companies Association; Findings from CG Scoring surveys, the Thai Institute of Directors (IOD); Findings from sustainability development ratings on CSR Progress Indicators and Anti-corruption Indicators, Thaipat Institute; and information on Media and Stakeholder Analysis (MSA), Image Plus Communication Company Limited.
[News Release]
