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Driving sustainable success

ESG reporting and policy developments in Thailand

As Southeast Asia’s economies grow and global supply chains evolve, robust ESG (Environmental, Social, and Governance) policies and regulations are more critical than ever.

Beyond compliance, organisations that effectively integrate ESG principles into their operations will be better placed for long-term growth.

Thailand is setting a strong example in advancing sustainability reporting and sustainable finance. Its regulators have been instrumental in shaping a resilient ecosystem through policy frameworks and market incentives, including guidelines for sustainable bond issuance, ESG disclosure standards, the Thailand Taxonomy for green economic activities, and tax incentives for sustainable investments. These measures showcase Thailand’s commitment to embedding sustainability into its economic growth.

Read the report to find out more about the ESG landscape and trajectory for sustainable finance in Thailand and beyond.

Understand ESG risk factors by sector:

Companies in this sector often function within a value chain ecosystem that includes thousands of suppliers. The complexity of reporting on Scope 3 emissions, those generated outside of a company's own operations but within its value chain, poses significant challenges for data standardisation and collection.

In the energy sector, ESG regulations introduce further complexities to a field that already has extensive regulations and reporting requirements. The need for accurate and reliable data presents unique challenges for companies with assets such as pipelines, transmission lines, drilling rigs, or offshore wind turbines.

This sector includes a wide range of businesses that manage financial transactions, investments, and risk. Financial services firms face increasing scrutiny under global disclosure regulations, with measuring financed emissions as a particular challenge. In addition, financial services players are expected to adopt global initiatives and standards to accelerate the green transition in Thailand.

Many technology firms have committed to climate action and are subject to SEC climate disclosures and other ESG regulations. At the same time, technology providers play a critical role in the climate transition, offering solutions for carbon accounting and smarter, more sustainable operations across industries. Global regulatory requirements present an opportunity for these companies to develop technologies that support ESG reporting requirements.

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