Government Pension Fund Thailand Environmental, Social, and Governance Weight and Score : Asset Valuation Methodology
As one of the largest pension funds in Thailand, government pension fund (GPF) is fully aware of its importance as a universal owner and of its role supporting sustainable global values within the context of environmental, social, and governance (E...
| Main Author: | |
|---|---|
| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/366681600756304221/Government-Pension-Fund-Thailand-Environmental-Social-and-Governance-Weight-and-Score-Asset-Valuation-Methodology http://hdl.handle.net/10986/34534 |
| Summary: | As one of the largest pension funds in
Thailand, government pension fund (GPF) is fully aware of
its importance as a universal owner and of its role
supporting sustainable global values within the context of
environmental, social, and governance (ESG). In 2018, GPF
publicly announced its commitment to ESG investing and its
intention to be the leader in ESG investing and initiatives
in Thailand. Since then, GPF has pursued its mission through
co-operation with the Organization for Economic Co-operation
and Development (OECD), the World Bank, and the PRI and
through initiating and leading collaborative engagements
with local institutional investors and with GPF’s external
fund managers, both domestic and international. This
document provides a detailed description of the approach,
explaining how one analyze and weight ESG factors at the
sectoral and at the company or issuer level, and how one
incorporates these into asset valuation and pricing. The aim
is to make the methodology transparent to concerned
stakeholders and to share ideas to institutional investor peers. |
|---|