Thailand: Sustainability and investment promotion schemes in Thailand (Part 1)

In brief

Presently, sustainability and environmental, social, and governance (ESG) considerations have become key priorities for businesses worldwide. ESG is a concept that revolves around three important sustainability-related factors – environment, society and governance.

Consumers and investors are increasingly interested in the ESG initiatives of companies before making a purchase or investment decision. This is the case in Thailand, where we are seeing more companies announce sustainability initiatives, causing government authorities to supportively respond to these efforts.

In this two-part article, we will first focus on the sustainability trends in Thailand and the role of Thailand’s Board of Investment (BOI) with examples of current incentive schemes and privileges that facilitate sustainability-related activities.

Sustainability trends in Thailand

There is an…