Bangkok: The Stock Exchange of Thailand (SET) recently organized the SET ESG Professionals Forum 2024, underscoring the crucial role of corporate governance and ethical leadership in navigating future challenges and fostering sustainable growth.

According to Thai News Agency, Professor Emeritus Kittipong Urapipatanapong, Chairman of the Board of Directors of the Stock Exchange of Thailand, emphasized the forum’s role as a collaborative platform to exchange knowledge among ESG drivers, including the SET ESG Experts Pool network. This initiative aims to elevate corporate governance standards to international levels, demonstrating the Thai capital market’s dedication to building a sustainable business ecosystem as SET approaches its 50th anniversary. In the face of rapid changes and challenges, good corporate governance remains a fundamental pillar for establishing trust and ensuring sustainable organizational growth.

The forum highlighted the necessity of visionary and ethical leadership in creating sustainab
le organizations. Leaders of the new era are expected to drive change with integrity, leave a legacy of positive impact, and inspire their organization, partners, and society. A robust governance system enhances operational efficiency, mitigates risks and conflicts, and fosters positive organizational behavior, thereby boosting confidence in the organization’s transparent and stable business practices, even amidst a crisis of trust.

Discussions at the event also focused on strengthening organizational foundations through ethical leadership, particularly in the digital age where integrating technology and AI with ethical values is imperative. The forum underscored the development of a sustainable business ecosystem through cooperative efforts from all sectors, fostering an organizational culture driven by ethics, incorporating international human rights and ethical standards into the Thai context, and leveraging technology to enhance transparency and accountability. It emphasized the pivotal role of new-age l
eaders who must incorporate ethical considerations into their decision-making processes to instill confidence and drive sustainable growth in the Thai capital market.