BANGKOK — The Thai Securities and Exchange Commission on Friday announced the launch of 22 new mutual funds to support the Southeast Asian nation’s environmental, social and governance (ESG) goals, with managers of the products aiming to draw investment of around 10 billion baht ($284 million) by year-end.
The move comes as demand grows for financial products geared toward helping economies curb their greenhouse gas emissions, with Thailand pushing to become a regional leader in sustainability.