Thanachart Capital Public Company Limited (TCAP) has been awarded an "AA" rating in the SET ESG Ratings for 2024. This is an improvement from the "A" rating it received last year. This marks the second consecutive year TCAP has been included in the Stock Exchange of Thailand’s list of sustainable stocks. TCAP is one of 228 companies included in the SET ESG Ratings, announced by the Thai bourse. This recognition underscores TCAP’s significant progress in its sustainability efforts. It also highlights the Company’s focus on stakeholder engagement and its commitment to Environmental, Social and Governance (ESG) practices. TCAP remains committed to further developing its sustainability performance, enhancing its competitiveness, and creating opportunities and strong returns for investors over the long term.
SET ESG Ratings are assessed from listed companies who voluntarily participate in answering the sustainability assessment conducted by the Stock Exchange of Thailand (the SET). The assessment questionnaire covers indicators in E, S, and G (Environmental, Social and Governance) dimensions. In this regard, the SET will annually review the assessment ensuring that it is in line with the sustainability context and trends (Sustainability Trends) which are changing domestically and internationally.
Listed companies who are assessed as SET ESG Ratings must have scores from responses to sustainability assessments of at least 50% in each dimension and must meet the specified criteria, such as Corporate Governance Report (CGR) score, performance in terms of net profit and shareholders’ equity, supervision results on issues related to the qualifications of listed companies, no ESG impact creation, etc.