The move will lead to better disclosure of ESG information in the capital market, including information related to greenhouse gas emissions.
Thailand SEC (Securities and Exchange Commission) has announced it has become an official supporter of the TCFD (Task Force on Climate-Related Financial Disclosures).
The SEC says it wants to raise awareness and encourage businesses to incorporate climate-related risks into their strategic planning and risk management, and follow international disclosure guidelines.
This will enhance the Thai capital market’s capacity for contributing to sustainable development in accordance with Thailand’s 20-year strategy, and the move towards the UN SDGs, the SEC said.
SEC secretary-general Ruenvadee Suwanmongkol said becoming an official TCFD supporter marks an important step to address the global trend of climate change management in the…
