Funds, REITs added to annual ESG100 listing

Property funds, REITs and infrastructure funds have entered the Thaipat’s ESG100 list for the first time this year.

Launched in 2015, the annual list has named 100 securities considered outstanding in terms of environmental, social and governance (ESG) performance, while also considering their rate of returns.

But never before had the Thaipat Institute, which compiles the list, considered property funds, real estate investment trusts (REITs) and infrastructure funds until this year.

The ESG100: 2019 list is the fifth to be prepared by the Institute’s ESG rating unit, and assessed 771 securities (excluding those that are undergoing business rehabilitation) including property funds, real estate investment trusts (REITs) and infrastructure funds.

“This year, we have also assessed property funds, REITs, and infrastructure funds for the first time in the rating so as to present investment alternatives that have low volatility but offer returns that are no less than the market rate,” Thaipat Institute’s chairman Dr. Pipat Yodprudtikan said.

Joining the ESG100 this year are CPN Commercial Growth Leasehold Property Fund (CPNCG), Prime Office Leasehold Property Fund (POPF), Bualuang Office Leasehold Real Estate Investment Trust (B-WORK), Frasers Property Thailand Industrial Freehold and Leasehold REIT (FTREIT), Golden Ventures Leasehold Real Estate Investment Trust (GVREIT), LH Shopping Centres Leasehold Real Estate Investment Trust (LHSC), WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART), North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand (EGATIF), and Jasmine Broadband Internet Infrastructure Fund (JASIF).


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