Strengthening CSR activities of listed companies

Who were the best equipped to cope with natural disasters and other crises? As we observed, most of them were large-sized companies which have closely observed CSR guidelines.

Their lessons could be copied by all, thanks to the Stock Exchange of Thailand's initiative. This year, its Corporate Social Responsibility Institute (CSRI) and Thaipat Institute are geared up to strengthen CSR activities among listed companies. Guidelines and training are high on the agenda.

Under the concept "CSR & Sustainability: Reinforcing your CSR", the 2012 programme is co-organised by Thaipat Institute.

"A company with good CSR will be able to build strength and sustainability into its business. This is proved by the recent flood crisis, where companies with well-prepared CSR plans gained positive returns to their organisations. Thus, listed firms are now adjusting their CSR plans and activities to cope with unusual situations and emergencies," said SET President Charamporn Jotikasthira.

To strengthen listed company's CSR activities, CSRI and Thaipat have launched "Guidelines for Social Responsibility" and "Guidelines for CSR Report", which are essential in making CSR activities and reports to investors and all other stakeholders more effectively. CSRI will also provide workshops and other training on how to use the guidelines as working standards.

CSRI and Thaipat have also gathered case studies of 10 listed companies and the SET in giving aid during the floods in line with the Environment, Society, and Governance standards. These studies will be gathered and published as "Good Practices and Business Cases" in the second quarter of this year, Charamporn added.

Pipat Yodprudtikan, director of Thaipat Institute, said that CSR activities could run from preparation through risk reduction, response, and recovery to prevent business interruption and damage to stakeholders. Importantly, this will push the country towards a green economy, based on sustainable development and an ecological economy. Green economy will be a key agenda item at the United Nations Conference on Sustainable Development, or Rio+20, in June, he said.

Strengthening CSR activities of listed companies

Who were the best equipped to cope with natural disasters and other crises? As we observed, most of them were large-sized companies which have closely observed CSR guidelines.

Their lessons could be copied by all, thanks to the Stock Exchange of Thailand's initiative. This year, its Corporate Social Responsibility Institute (CSRI) and Thaipat Institute are geared up to strengthen CSR activities among listed companies. Guidelines and training are high on the agenda.

Under the concept "CSR & Sustainability: Reinforcing your CSR", the 2012 programme is co-organised by Thaipat Institute.

"A company with good CSR will be able to build strength and sustainability into its business. This is proved by the recent flood crisis, where companies with well-prepared CSR plans gained positive returns to their organisations. Thus, listed firms are now adjusting their CSR plans and activities to cope with unusual situations and emergencies," said SET President Charamporn Jotikasthira.

To strengthen listed company's CSR activities, CSRI and Thaipat have launched "Guidelines for Social Responsibility" and "Guidelines for CSR Report", which are essential in making CSR activities and reports to investors and all other stakeholders more effectively. CSRI will also provide workshops and other training on how to use the guidelines as working standards.

CSRI and Thaipat have also gathered case studies of 10 listed companies and the SET in giving aid during the floods in line with the Environment, Society, and Governance standards. These studies will be gathered and published as "Good Practices and Business Cases" in the second quarter of this year, Charamporn added.

Pipat Yodprudtikan, director of Thaipat Institute, said that CSR activities could run from preparation through risk reduction, response, and recovery to prevent business interruption and damage to stakeholders. Importantly, this will push the country towards a green economy, based on sustainable development and an ecological economy. Green economy will be a key agenda item at the United Nations Conference on Sustainable Development, or Rio+20, in June, he said.