Bangkok, May, 30 2023 – Thaipat Institute today reveals set of securities, entering in the ESG100 universe for the first time, as 2023 ESG Emerging list. Firm also releases list of ESG Turnaround securities for the first time this year as a choice of ESG investment with potential returns that are no less than conventional investments.
Thaipat Institute, by its ESG Rating unit, the pioneer in the development of Thailand’s corporate sustainability database and the annual ESG100 list since 2015, has compiled the 2023 ESG Emerging list to recognize promising ESG performers on the Thai stock market. For the list, the institute has reviewed 888 companies/funds/investment trusts using ESG information from over 16,445 publicly available data points from six data sources1.
Dr.Pipat Yodprudtikan, chairman of Thaipat Institute, says, “To compile ESG Emerging list for the fourth time this year, we assessed companies’ performance based on their ESG-related disclosures. The list has been qualified by our screening criteria of ESG100 securities and met our rating criteria guided by the CORE Framework2 principles. We believe the list helps investors increase their investing opportunities in contributing good returns for the long term”.
As a result of assessment, the list of securities, entering in the ESG100 universe for the first time, that classified as 2023 ESG Emerging list consists of 15 securities: AAI, AWC, BRR, BVG, DEXON, ITC, PLANB, POLY, PRI, PRIME, SICT, SISB, TLI, WHA, WHAIR.
Investors who are interested in investing with selected constituents from ESG Emerging list (2020-2023) of 35 securities can do so via the Thaipat ESG Emerging Private Fund which adopted passive investing strategy and weighed small- and mid-cap securities as equal as large-cap ones. Its investment policy relies on a larger price range movement of the small- and mid-cap than the large-cap, with a rebalancing strategy every 3 months in building up opportunities for gaining high returns against benchmarking index. The fund is managed by Land and Houses Fund Management Co., Ltd. (LH Fund)3.
Thaipat Institute has also compiled the 2023 ESG Turnaround list for the first time as a choice of ESG investment with opportunities in getting returns from securities that are in the recovery mode and backing up by ESG factors.
The list of ESG Turnaround securities consists of AOT, BA, BAFS, CENTEL, ERW, MINT, SEAFCO, SHR, SPA, THRE in a total of 10 securities.
“To compile ESG Turnaround list for the first time this year, we selected securities which their generic ESG profile conformed to our criteria during the assessment period even though there are negative business performance or underperforming the market. The securities in the list have shown a turnaround signal and upside opportunity from market recovery with underlying potential on their core business backed by ESG factors”. Dr. Pipat added.
The 2023 ESG100 list will be used as key input for annual update of Thaipat ESG Index, adding or removing securities of index constituents. Thaipat ESG Index serves as a benchmark index and is used as an investable index for a variety of ESG-themed investment products provided by asset management companies. More info at S&P Dow Jones' Custom Indices4.
The ESG100 list for the year 2015-2022 is publicly available by the ESG Rating unit under Thaipat Institute at https://thaipat.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 Disclosure Awards, Sustainability Disclosure Community; 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.
2 https://www.thaipat.org/2017/06/esg100.html
3 https://www.lhfund.co.th/Home/RecommendedDetail/detail-134-ลงทุนกับกลุ่มธุรกิจที่เป็นมิตรกับสังคมและสิ่งแวดล้อม
4 https://www.spglobal.com/spdji/en/custom-index-calculations/thaipat-institute/all
[Source]
Thaipat Institute, by its ESG Rating unit, the pioneer in the development of Thailand’s corporate sustainability database and the annual ESG100 list since 2015, has compiled the 2023 ESG Emerging list to recognize promising ESG performers on the Thai stock market. For the list, the institute has reviewed 888 companies/funds/investment trusts using ESG information from over 16,445 publicly available data points from six data sources1.
As a result of assessment, the list of securities, entering in the ESG100 universe for the first time, that classified as 2023 ESG Emerging list consists of 15 securities: AAI, AWC, BRR, BVG, DEXON, ITC, PLANB, POLY, PRI, PRIME, SICT, SISB, TLI, WHA, WHAIR.
Investors who are interested in investing with selected constituents from ESG Emerging list (2020-2023) of 35 securities can do so via the Thaipat ESG Emerging Private Fund which adopted passive investing strategy and weighed small- and mid-cap securities as equal as large-cap ones. Its investment policy relies on a larger price range movement of the small- and mid-cap than the large-cap, with a rebalancing strategy every 3 months in building up opportunities for gaining high returns against benchmarking index. The fund is managed by Land and Houses Fund Management Co., Ltd. (LH Fund)3.
Thaipat Institute has also compiled the 2023 ESG Turnaround list for the first time as a choice of ESG investment with opportunities in getting returns from securities that are in the recovery mode and backing up by ESG factors.
The list of ESG Turnaround securities consists of AOT, BA, BAFS, CENTEL, ERW, MINT, SEAFCO, SHR, SPA, THRE in a total of 10 securities.
“To compile ESG Turnaround list for the first time this year, we selected securities which their generic ESG profile conformed to our criteria during the assessment period even though there are negative business performance or underperforming the market. The securities in the list have shown a turnaround signal and upside opportunity from market recovery with underlying potential on their core business backed by ESG factors”. Dr. Pipat added.
The 2023 ESG100 list will be used as key input for annual update of Thaipat ESG Index, adding or removing securities of index constituents. Thaipat ESG Index serves as a benchmark index and is used as an investable index for a variety of ESG-themed investment products provided by asset management companies. More info at S&P Dow Jones' Custom Indices4.
The ESG100 list for the year 2015-2022 is publicly available by the ESG Rating unit under Thaipat Institute at https://thaipat.esgrating.com.
| Note: The ESG100 list and other information compiled by Thaipat Institute are provided for informational purposes only. None of the information constitutes an investment advice or an offer to sell, or a solicitation of an offer to buy, any securities. |
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 Disclosure Awards, Sustainability Disclosure Community; 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.
2 https://www.thaipat.org/2017/06/esg100.html
3 https://www.lhfund.co.th/Home/RecommendedDetail/detail-134-ลงทุนกับกลุ่มธุรกิจที่เป็นมิตรกับสังคมและสิ่งแวดล้อม
4 https://www.spglobal.com/spdji/en/custom-index-calculations/thaipat-institute/all
[Source]