Sustainability the new priority
Companies unable to obtain reliable environmental data from suppliers risk higher compliance costs, weaker supply chain resilience and declining competitiveness in global markets, says Mr Asadej.
Listed Thai companies are urged to ramp up efforts to reinvent their supply chains as sustainability becomes essential to winning global capital.Resilient supply chains, standardised carbon reporting and environmental, social and governance (ESG) integration are becoming decisive factors for competitiveness and long-term investment.
Listed Thai firms must transform their supply chains from cost-driven networks into resilient, sustainable structures if they are to remain competitive and attract long-term investment in an increasingly fragmented global economy, according to executives from the Stock Exchange of Thailand (SET) and the Federation of Thai Capital Market Organizations (Fetco).
Speaking at the SET Sustainability Forum, SET president Asadej Kongsiri said sustainability is no longer simply a matter of regulatory compliance, but a core business strategy that will shape companies' ability to compete, raise capital and withstand future disruptions.
