Cabinet okays new ESG fund for savers, green investors

November 22, 2023

PUBLISHED : 22 Nov 2023 at 06:26

The government believes the Thailand ESG Fund can be a mechanism for Thailand to align with the global trend of firms using sustainability principles.

The cabinet on Tuesday approved the Thailand ESG Fund (TESG), a long-term savings fund that provides tax deductions for individual taxpayers and encourages investments in sustainability.

The fund invests in securities on the Stock Exchange of Thailand (SET), focusing on domestic environmental, social and governance…