Asean exchanges formalise sustainability governance efforts

FinanceAsia spoke to exchange leaders about regional ESG disclosure progress and cross-border product collaboration, while the Stock Exchange of Thailand (SET) shared an exclusive update on an agreement with Indonesia and Malaysia.

Last week September 12, six Asean-based exchanges published a list of ten governance aims that form part of the regional bloc’s Common ESG Metrics. The points constitute the final component in a list of 27 comprehensive recommendations for disclosure by listed companies in the regional markets, which span the full breadth of environmental, social and governance ESG issues. Those covering “E” environment and “S” social elements were published in March and December 2022, respectively.

The full list serves “as a common basis for member stock exchanges to build upon to drive sustainability among their listed companies,” explained Dr. Soraphol Tulayasathien, senior executive vice president and head of both the...

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