Mrs. Pornanong Budsaratragoon, SEC Secretary-General, said: “The SEC places importance on encouraging securities companies to integrate ESG factors into their business operations, starting with driving securities companies to incorporate ESG factors into investment analysis, the provision of securities business services to clients, and internal sustainability implementation within the organization, as ESG factors are currently not merely information supporting investment decisions but are becoming part of the quality of services provided to investors. Securities companies that can effectively integrate ESG into their business operations will be able to better respond to investors’ needs and help reduce organizational risks, as well as support the role of securities companies in driving the Thai capital market toward sustainable growth.”

In 2025, the SEC prepared the “Guideline on the Integration of ESG Factors into Investment Research Reports for Securities Companies” to support securities companies in preparing for and enhancing their ESG information analysis services for investors.

Most recently, the SET prepared the “ESG Implementation Guideline for Securities Company” to assist securities companies in effectively advancing their sustainability implementation, with ASCO jointly supporting the initiative.

The SET’s guideline is in line with the approach that the SEC has continuously promoted, with an emphasis on integrating ESG into the core business processes of securities companies. This enables securities companies to analyze risks, opportunities, and the value of businesses, as well as to develop products and services that appropriately respond to investors’ needs. The guideline also covers approaches to developing the organization toward sustainability, including the establishment of organizational sustainability governance structures, ESG materiality assessments, the setting of policies, targets, and strategies aligned with companies’ material sustainability issues, and the disclosure of sustainability information in a systematic manner. It also includes a preliminary assessment of securities companies’ sustainability implementation (ESG self-assessment) to enable them to assess their readiness and plan further development of their ESG implementation on an ongoing basis.

The SEC therefore invites securities companies to review and consider the relevant information and apply the SET’s “ESG Implementation Guideline for Securities Company”* together with the SEC’s “Guideline on the Integration of ESG Factors into Investment Research Reports for Securities Companies”**, as well as related guidelines on the preparation of research reports and other initiatives that the SEC has continuously promoted. This is intended to support the development or enhancement of products and services that better respond to clients’ needs and expectations, promote the role of securities companies as key intermediaries of the Thai capital market in driving sustainable finance, and jointly elevate the business conduct standards of the Thai securities industry in line with international standards, thereby contributing to the long-term sustainable development of the Thai capital market.

Notes:

* Download the SET’s “ESG Implementation Guideline for Securities Company” at https://setsustainability.com/libraries/1611/item/esg-implementation-guideline-for-securities-company

** Download the SEC’s “Guideline on the Integration of ESG Factors into Investment Research Reports for Securities Companies” at https://www.sec.or.th/TH/Documents/ESG-integration-manual.pdf