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SEC applauds 30 institutional investors and related agencies for endorsing I Code



Thursday 17 August 2017 | No. 72 / 2017



Bangkok, 17 August 2017 ? The SEC applauded 30 institutional investors and related agencies for announcing to adopt the Investment Governance Code (I Code).

In February, the SEC Office teamed up with regulatory bodies and institutional investors to launch the I Code and invited investors to endorse it as a guideline for responsible investment management whereby environmental and social interest as well as good governance of the invested enterprises are taken into consideration apart from profit making.

So far, the 30 institutional investors who have agreed to abide by the I Code include state organizations, asset management companies, non-life insurance companies, life insurance companies and relevant bodies. The SEC has disclosed the list of the I Code endorsers on CG Thailand website at www.cgthailand.org/microsite/lists.html.

Rapee Sucharitakul, SEC Secretary-General, said: ?We truly admire the 30 institutional investors who will abide by the I Code. This reaffirms their intention to make responsible investment to earn optimal benefits for investment owners and clients. Having such policy and close investment monitoring will encourage the invested companies to adopt good corporate governance and sustainability policy themselves. The capital market and the economy as a whole could benefit a great deal from this positive environment.?

The public and those interested in becoming a signatory to the I Code can find details and download the Form at www.cgthailand.org/microsite/icode.html.