
“KTC” or Krungthai Card Public Company Limited revealed, KTC has been selected to be on the list of Thailand Sustainability Investment (THSI) for the 6th consecutive year by the Stock Exchange of Thailand. In 2023, we are delighted to announce that KTC has been assessed according to SET ESG Ratings for listed sustainable stocks, achieving the highest rating level, AAA, in the financial business group. This reflects our commitment to developing the organization to grow strongly and sustainably, being ready to handle social and environmental changes, and attaching importance to the participation of all stakeholders. KTC will focus on developing sustainability operations in every dimension, whether it be Governance, Economics, Environment, and Social (ESG), to create interest for investors and increase the opportunity to access more funding sources.
The Stock Exchange has elevated the announcement of sustainable stock assessment results (SET ESG Ratings) in the form of ratings divided into 4 levels: AAA, AA, A, and BBB. The selection of listed companies is based on scores from sustainability assessment responses. Each company must pass 50% in each dimension (Governance, Economics, Environment, and Social), as well as meet the qualification criteria set by the Stock Exchange. These criteria include having achieved net profits in at least 3 out of the past 5 years and not being a company that has been accused or found guilty by an official agency, among other factors. The results of the SET ESG Ratings assessment of sustainable stocks will serve as the criteria for selecting members of the SETESG index, aimed at promoting sustainable investment and providing Investment Analysts and Fund Managers with higher-quality information for analysis and investment decision-making.