holders’ resolution and vote casting; (1) a proposal that would impact every class of unit holders’ right and each class is unevenly impacted shall be passed by the majority vote of every class present at

SECOND PARTY OPINION1 ON CHANEL’S SUSTAINABILITY-LINKED BOND FRAMEWORK September 2020 BACKGROUND CHANEL (hereafter the “Issuer”) contemplates including three environmental factors to the Sustainability-Linked Bonds (the “SLBs”) to be issued in compliance with the Sustainability-Linked Bond Framework (the “Framework”) created to govern their issuances and following the Sustainability-Linked Bond Principles (the “SLBP”). The Framework will include the Issuer’s commitment to achieve specific target...

water may be impacted to a larger extent However, all sectors will be exposed to risk. As a systemic risk factor, it is important for ALL companies to consider what other sectors or infrastructure they

link between 3 CSR measures and firm value since this relationship tends to be impacted by other intervening or immeasurable factors (e.g., Galbreath and Shum, 2012; Griffin and Mahon, 1997; Margolis and

EVALUATING IMPACT ON INTRINSIC VALUE OF STOCK Climate Risks Climate Opportunities Physical Risks ✓ Operational Risk ✓ Supply Chain Disruption ✓ Changing consumer behaviour ✓ Sales Impacted by weather

PUBLIC COMPANY LIMITED ENERGY EARTH PUBLIC COMPANY LIMITED ESSO (THAILAND) PUBLIC COMPANY LIMITED ETERNAL ENERGY PUBLIC COMPANY LIMITED EUREKA DESIGN PUBLIC COMPANY LIMITED EVERLAND PUBLIC COMPANY LIMITED

cap on private spending, which may lead to rising risk in the future. Moreover, heightened risk from the global economy, including Thailand – coupled with digital disruption – negatively impacted

buy and utilize crude palm oil as fuel for generating electricity. Moreover, the Ministry of Energy also promoted B20 diesel use, lowering the volume of domestic palm oil stock, therefore impacted the

in operating results from GLOW that has been impacted by GHECO-One in which the selling price has fallen in Q3/2019, a seasonality effect usually occurring in the third quarter of every year. In

team to confirm their independence for each engagement. Example 8 : There were no policies or procedures for situations where the audit firm’s independence may have been impacted, for instance, when the