The Stock Exchange of Thailand (SET) and partners jointly organized the 2nd “SET Sustainability Forum: From Sustainability Ambitions …to Action” on Wednesday, June 28, 2023. In the event, executives from leading local and international organizations were invited to share roles of organization leaders in driving sustainable visions into tangible practices. This is aimed at enhancing competitiveness, expanding business growth opportunities amidst the current challenging factors faced by all sectors.
SET President Pakorn Peetathawatchai said businesses are currently surrounded by challenges especially environmental, social and governance (ESG) issues. They have to cope with stricter business regulations such as the Carbon Border Adjustment Mechanism (CBAM) imposed by the European Union, and the Bank of Thailand’s policy on loan scrutiny by taking into account environmental aspect which will take effect in the third quarter of 2023. These compel businesses to adapt to changes, manage risks, and seek new opportunities. However, the adaptation cannot be achieved by the leader alone. The entire organization needs to move forward together, starting with organizational leaders setting directions and sustainable visions that deploy to management teams. Every employee must be involved in driving these efforts, and ultimately, ESG should be integrated into the DNA and culture of the organization.
Energy Absolute pcl Chief Executive Officer Somphote Ahunai shared his experiences as the leader managing a…
