The
webinar ‘Managing Climate-related Risks and Opportunities in Equity Analysis
and Investment’ held on 23rd November 2023 was co-organized by
the Securities and Exchange Commission (SEC), CFA Institute and CFA Society
Thailand to provide insights into how capital market professionals could
integrate climate-related risks and opportunities into their analysis and investment decisions. In addition, it also served as a forum for leading
institutional investors, financial firms, and public sector leaders to further
engage on how disclosure and governance could be improved to ensure that sustainability
goals can be met.
Ms. Pornanong
Budsaratragoon, Secretary General, Securities Exchange Commission of Thailand
(SEC) said "Thai capital market is entering
a chapter of increased expectation on responsible business behavior and climate
accountability. All stakeholders in the capital market, both listed companies
and financial intermediaries such as securities companies and asset management
companies, needs to be ready to facilitate fund raising and investments to
achieve Sustainable Development Goals (SDGs) by 2030 and net-zero
emissions by 2065. We are delighted to continue this strong partnership with the CFA Institute and CFA Society
Thailand in 2023 - to promote the integration
of climate-related risk into equity analysis and investment decisions which
will help to allocate the capital to green investments that are essential in
driving sustainable growth in Thailand.”
Mr. Andres Vinelli, Chief
Economist, CFA Institute added “Climate change is not a future event waiting to happen;
it has already occurred and continues in real time. Climate-related risks and
opportunities are increasingly seen as material factors to be included in
investment decision making. As the global association of investment
professionals, CFA Institute publishes thought leadership research and provides
certificate programs to equip investors and industry practitioners with the
best knowledge and tools around climate change analysis, in order to make best
informed investment decisions with climate factors taken into consideration.”
Mr. Sornchai Suneta, the
President of CFA Society Thailand, stated that “As the global community confronts the unprecedented
challenges of climate change, CFA Institute and CFA Society Thailand are
dedicated to providing the highest quality education and resources for our
members and the broader investment community on climate-related risk. We aim to
equip investment professionals with the skills to integrate climate-related investing
principles into the investment process. Our Climate Risk, Valuation, and
Investing Certificate is a practical and comprehensive program that helps
investors identify opportunities, enhance valuations, and manage risks in a
changing climate. We believe that climate investing is not only a strategic
imperative, but also a source of competitive advantage and long-term value
creation for investors and society. We also recognize the growing importance of
ESG factors in the investment landscape. ESG investing is not just a trend; it
is a fundamental commitment to sustainable and responsible finance. The
Certificate in ESG Investing will enable participants to acquire the knowledge
and skills necessary to incorporate ESG considerations into the investment
decision-making process. By doing so, they will be able to better support
client demand and play vital roles in advancing sustainability, ethical
practices, and social responsibility. The Certificate in ESG
Investing is aligned with the global standards and best practices of ESG
investing, and is suitable for anyone who wants to enhance their ESG
expertise and credentials."
___________________________