work, he devotes his time to social and academic causes, for example, by serving as Executive Director of the Thai Red Cross Society and expert member of Chulalongkorn University Council. Mr. Kumchai

“Policy Directions on Sustainability-related Financial Disclosures,” exchanging  the SEC’s sustainability disclosure policy from the regulatory perspectives with expert experience in Thailand and the

under earlier versions of the Criteria. That said, these Criteria represent a significant shift in how the bonds market view water-related investments and the best mechanisms for communicating risk

reviewed its internal structure and operation to improve performance efficiency. The “Change Management Program” was launched with an aim to shift the SEC’s role more towards that of a “facilitator” and

financial sector towards the country’s shift to an environmentally sustainable future. • At the same time, this guide represents a huge opportunity for the growing numbers of individual and institutional

Practice Lead, GMO, said, “We are witnessing a fundamental shift in the way in which investors are integrating material ESG risks and opportunities, such as climate change, and diversity, into their

sustainable development. This shift in recognition of society, environment and corporate governance has been driven by the fact that no business could survive the collapse of society and thus, has to extend its

. Experiment 2: Social Proof Experiment Control: Cognitive Reflection Test (CRT) + Preference Elicitation Source: Authors’ design Expert recommen dation non-expert recommen dation Simple life insurance 1 2

policies influencing business conduct, a shift in the demographic structure towards aging society, and the growing business trends focusing on sustainability. Furthermore, continually low interest rates as a

change in perspective Society How is a shift in perspective landing in the world of regulations? Increase in sustainability disclosure/reporting standards Building of Sustainability Focused industrial