The
SET, the Securities and Exchange Commission, Thailand (SEC), the Australian
Embassy, and UN Women hosted the event, Ring the Bell for ALL Women and Girls:
Rights. Equality. Empowerment.
In
attendance were listed companies, government regulators, signatories of the business-centred
Women’s Empowerment Principles established by UN Women and UN Global Compact, and representatives from private sector.
It
was Thailand’s 11th annual Ring the Bell for Gender Equality event
-- part of a global campaign in which more than 110 stock exchanges worldwide advocate for women’s
empowerment in the workplace, marketplace and community.
“We continue to prioritize diversity, equity, and inclusion in
the workplace, striving for concrete change from all stakeholders to foster a
business ecosystem in Thailand that enables everyone to reach their full
potential,” said Asadej Kongsiri, President of the Stock Exchange of Thailand.
“This, in turn, will drive diverse creativity, enhance
decision-making capabilities, and serve as a fundamental pillar for sustainable
organizational and economic development in the future. This commitment aligns
with SET’s vision: To Make the Capital Market ‘Work’ for Everyone."
Pornanong Budsaratragoon, Secretary-General of the SEC,
said: “As a capital market
regulator, the SEC encourages listed companies to integrate ESG (environmental, social and governance goals) into their business
operations and supply chains.
“As of year-end 2024, 28 per cent of
all listed companies had at least 30 per cent women board members. This
proportion has been steadily increasing in recent years, reflecting progress in
supporting women’s leadership roles in the Thai capital market.”
Said
Maria Holtsberg, Deputy Regional Director, UN Women, Regional Office for Asia
and the Pacific: “Over the past three years, we have worked with more than 530
women-owned businesses and buyers to increase awareness around the
opportunities presented by an inclusive approach to supply chain management,
particularly through gender-responsive procurement to create more market
connections.
“This
is not the time to slow down. Now is the time to act together for women’s
rights, equality and empowerment.”
The
Australian Government partners with countries in the Mekong Subregion
including Thailand to tackle shared development challenges and
promote inclusive economic growth by enhancing equal market opportunities for
everyone, including women.
Angela
Macdonald, Australian Ambassador to Thailand, said: “Gender equality benefits
everyone. We know communities, countries and our region are better off when
women are supported to participate equally in the economy with men.
“Australia is
proud to continue working with UN Women to implement the WE RISE Together
programme for another four years, collaborating with private and public sector
leaders to promote gender-responsive procurement in Thailand, Viet Nam,
Cambodia and Laos.”
WE RISE
Together tackles structural gender inequalities in the procurement market.
At
today’s event, representatives from International Finance Corporation, UN Women
and Thailand’s Department of Women’s Affairs and Family Development hosted a discussion
that emphasized the need to dismantle systemic barriers to equitable access to private
and public procurement for women-owned businesses.
Another
discussion explored strategies to reshape power structures and ensure that more
young women and girls have opportunities to lead as well as innovate in the
business sector.
More
market opportunities for women lead to a more diverse supplier pool, enhancing competitiveness,
innovation, efficiency and product quality, lowering prices for consumers, and
forcing businesses to better serve customers by adapting to market needs and
finding their competitive advantages.
For more
information on the Ring the Bell for Gender Equality 2025 campaign in Thailand,
watch a full recording of the event at https://www.facebook.com/share/12DQyu199cH/.
Media
Inquiries
Thatphorn
Nakkarasin
Programme and Communication Coordinator, WE RISE Together
Email: thatphorn.nakkarasin@unwomen.org
About the
Stock Exchange of Thailand
The Stock
Exchange of Thailand is one of the mechanisms to drive the economy. It is a
fundraising channel for entrepreneurs who seek access to funding sources, and
it is a channel to save money and generate returns from the investment of
people with a wide range of products and services. SET drives the capital
market under the vision To Make the Capital Market ‘Work’ for Everyone by
strengthening economic growth, increasing investment opportunities and
potential growth of the Thai capital and supporting sustainable development
while taking into account the environment, society and good governance.
About the
Securities and Exchange Commission, Thailand
The
Securities and Exchange Commission, Thailand is a public agency established
under the Securities and Exchange Act of 1992. The SEC is entrusted to
supervise and develop the Thai capital market with the mission to assure a
conducive environment for a fair, trustworthy, efficient, dynamic, and
inclusive capital market. The SEC collaborates with relevant domestic and
international organizations to create an enabling ecosystem for a sustainable
capital market. This includes supporting listed companies’ integration of
environmental, social and governance factors into business operations and the
overall value chain.
About UN
Women
UN Women is
the United Nations entity dedicated to gender equality and the empowerment of
women. A global champion for women and girls, UN Women was established to
accelerate progress in meeting their needs worldwide. Learn more at
asiapacific.unwomen.org or follow us on social media platforms via @unwomenasia
About WE
RISE Together
WE RISE
Together is supported by the Australian Government through the Mekong-Australia
Partnership and implemented by UN Women. WE RISE Together aims to create equal
opportunities for women by advancing supplier diversity through
gender-responsive procurement in Thailand and Viet Nam.