MEGA selected to be in the universe of "ESG100" for Y2023 by THAIPAT Institute.
MEGA has been selected to be in the universe of "ESG100" for Y2023. The assessment is done by THAIPAT Institute. MEGA is one amongst selected 100 listed companies, out of 888 companies that were assessed. THAIPAT selected 100 companies which are having outstanding sustainability performance.
THAIPAT Institute, the pioneer in the development of Thailand’s corporate sustainability database, conducts the ESG rating every year by assessing all listed companies in Thai stock market (Both SET and MAI). Their rating scheme involves over 10,000 data points of publicly-available ESG information from six data sources:
- Data disclosed under the ESG part in the annual registration statement (Form 56-1), the Securities and Exchange Commission;
- Company information disclosed through the SET Information Disclosure System, The Stock Exchange of Thailand;
- Findings from CG Scoring surveys, the Thai Institute of Directors (IOD);
- Findings from sustainability development ratings on CSR Progress Indicators and Anti-corruption Indicators, THAIPAT Institute;
- ESG rating information on publicly listed companies, ESG Rating Company Limited (a whole subsidiary of THAIPAT Institute);
- Information on Media and Stakeholder Analysis (MSA), Image Plus Communication Company Limited.
THAIPAT ESG investment universe consists of the ESG100 list, the 100 outstanding ESG performing listed companies in Thai stock market, and the ESG Emerging List, the attractive listed companies with promising ESG progress. The universe has been constructed via a multi-stage selection process using integrated ESG assessment through industry analysis, disclosure of company strategy relating ESG, and its financial reports.
The eligibility criteria are based on integrated ESG factor analysis in three dimensions (topic-specific, industry-specific, and company-specific) over ESG data using a best-in-class approach in each industry group.