Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................

robot trading are related terms that are often used interchangeably. • High frequency trading (HFT): a subset of algorithmic trading where orders are submitted by low-latency and sophisticated technology

18.9%, respectively. However those were in the opposite direction to the declining change in revenue due to the increase in employee-related expenses such as commission and salary. In addition, the

securities brokerage of securities company, the term “personnel” and “employee” under this Notification shall also include any person who is entrusted to perform the duty for a securities company. Clause 3/2

/1.6 For the purpose of supervision the undertaking of securities brokerage of securities company, the term “personnel” and “employee” under this Notification shall also include any person who is

securities company, the term “personnel” and “employee” under this Notification shall also include any person who is entrusted to perform the duty for a securities company. Clause 3/2. Clause 16 shall apply to

protection of Brand and intellectual property rights, the setup of selective distribution networks, licensing arrangements, employee relations, distribution agreements and other areas relating to its business

margin of the projects delivered in Q1–2018 was lower than those in Q1–2017. The reason came from the higher market competition and the increase of employee cost. Comparing the profit of the Company for Q1

that the Group has a provision for long-term employee benefits of Bt79 million which will record the effect of such change by recognizing the past service costs as expenses immediately in the income

) (20.96) Sales employee cost 7.90 6.61 8.09 8.33 0.19 (2.41) Freight expenses 1.40 1.17 1.35 1.39 (0.05) (3.57) Others/1 4.59 3.84 4.12 4.24 (0.47) (10.24) Total selling expenses 119.59 100.00 97.10 100.00