The Stock Exchange of Thailand (SET) will host the first-ever SET Hackathon competition for the general public under the theme “Wealth and Sustainability”, opening up opportunities for thinkers, students, faculty members, investors and interested individuals. The competition is aimed to encourage them to co-invent, utilize the database of the environmental, social and governance (ESG) and develop as an innovation that can navigate investors and listed companies towards sustainable investment and business operations. Application to participate in the competition opens from today to October 10, 2023, to win prizes of over THB 300,000 (approx. USD 8,527.57)
SET President Pakorn Peetathawatchai said that ESG performance data are now one of the key factors for business operation and investment. Significantly, the business sector can use such information to analyze all-around factors for corporate risk management, leading to strategic adjustments to maintain competitiveness. On the other hand, investors, regulatory agencies, and stakeholders can use the information to consider how the company places importance on and has responsibility for stakeholders, society and the environment. Furthermore, it can also be used as supporting data for investment decision along with financial data to analyze long-term growth.
“All along, SET has developed and created various databases that are of benefit to investors and listed companies. In the age of data and information today, such database as SETSMART, investment…
