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SET News : SET steps up as "transition enabler" to help Thai firms cut emissions, access green finance
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SET News 80/2026 October 8, 2026 SET steps up as "transition enabler" to help Thai firms cut emissions, access green finance KEY POINTS - SET advances its role as a "Transition Enabler", supporting Thai companies to drive Thai businesses toward a low-carbon economy through the development tools and mechanisms. These include a carbon credit auction system under the Low Carbon Cities and Carbon Market Development project - expected to launch by 2027 - and the SETCarbon Platform, which enables businesses to systematically manage greenhouse gas data, enhance data credibility, and effectively develop transition plans. - In collaboration with Singapore Management University (SMU), SET co-hosted the Climate Finance Forum, where panelists proposed the integration of public policies, financial incentives, funding mechanisms, and climate data to accelerate the shift to net-zero emissions to accelerate the transition and achieve net-zero targets, while strengthening resilience against future climate uncertainties. BANGKOK, October 8, 2026 - The Stock Exchange of Thailand (SET) is expanding its role as "transition enabler" supporting Thai businesses in their transition towards a low-carbon economy through the development of tools and mechanisms. These include a carbon credit auction system to support the development of the carbon market, which is expected to launch auctions in 2027, and the SETCarbon Platform, a greenhouse gas emissions data management platform designed to enhance the quality and credibility of businesses' sustainability and greenhouse gas data. In addition, SET and Singapore Management University (SMU) co-hosted the Climate Finance Forum under Bangkok Climate Action Week 2026 on October 8 for knowledge exchange, strengthened cross-sector collaboration, and supported the development of Thailand's climate finance ecosystem. SET Senior Executive Vice President - Chief Strategy & Finance Officer (CSFO) Benjarong Suwankiri said: " SET's role will no longer be limited to serving as a 'capital-raising platform,' but has expanded to becoming a 'transition enabler' that supports businesses in transitioning systematically, while strengthening their resilience in managing and responding to climate uncertainties. SET has continuously supported the development of Thailand's climate finance ecosystem, including enhancing the credibility of sustainability data, promoting reporting and disclosure in accordance with regulatory requirements, and supporting developers of greenhouse gas reduction projects. These efforts aim to strengthen confidence among investors and stakeholders across all sectors, in line with SET's vision, 'The Trusted Gateway to Inclusive Opportunities.'" One example is the support for the development of the carbon market through the Low Carbon Cities and Carbon Market Development project, with financial support from the World Bank. The project represents an important example of how climate finance mechanisms can be applied in Thailand. It supports buildings under the Bangkok Metropolitan Administration (BMA) in improving energy efficiency. The resulting greenhouse gas emissions reductions will be registered as carbon credits and auctioned through SET's system, with auctions expected to launch in 2027. Proceeds from the sales will provide additional funding to support the continued implementation of projects addressing climate change. Another example is SET's support for businesses in accessing green finance, including loans and the issuance of sustainability bonds. SET provides the necessary infrastructure to support such financing, including continuously enhanced ESG data infrastructure and the SETCarbon Platform, which helps businesses manage greenhouse gas emissions data. These are important foundations for financial institutions and lenders in assessing and allocating capital. In addition, SET has collaborated with relevant agencies, including the Department of Climate Change and Environment, the Bank of Thailand, and the Securities and Exchange Commission (SEC), to develop the Thailand Taxonomy, which classifies economic activities according to their alignment with climate objectives. This helps businesses and financial institutions assess their own and their clients' environmental performance and management, supporting transition planning, access to finance, and risk management. At the Climate Finance Forum, panelists proposed the integration of public policies, financial incentives, funding mechanisms, and climate-related data, alongside building knowledge and capacity. Such an integrated approach would help accelerate the transition towards a low-carbon economy, support the achievement of net-zero targets, and enable Thailand to respond more effectively and tangibly to future climate-related uncertainties. For more details on the forum and SET's sustainability updates, visit www.SETSustainability.com or follow LINE Official: @SETsustainability. "SET... The Trusted Gateway to Inclusive Opportunities" ______________________________________________________________________
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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