exceptional performance in terms of environmental, social and governance aspects, its strong financial position, and its commitment to meeting the demands of all stakeholders. KBank strongly believes that good

Organization of Securities Commissions (“IOSCO”), an international organization of securities regulators around the globe. Throughout the year, the SEC sent delegates to attend the IOSCO Committee 1 (“IOSCO C1

around the globe become increasingly linked, our capital market is faced with new opportunities and challenges. In light of this fast changing environment, the Securities and Exchange Commission (SEC) in

average fuel prices are likely to be higher than the level seen in the previous year. This trend may affect monetary policy maneuvering of central banks around the globe. The Federal Reserve is expected to

problem which is harmful to human health. All of these events, which are spreading across the globe, have an adverse impact on individuals and the economy as a whole, in the short and long term, and will

globe. Throughout the year, the SEC assigned delegates to attend the IOSCO Committee 1 Accounting, Auditing, and Disclosure Meeting (IOSCO C1) to exchange dialogue on the exposure draft of international

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 ...........................................................

managers from across the globe. Liquidity in the money market and high cash levels among institutional investors are also favourable factors on the demand side of the market. The newly-launched program of

wealth of the nation in the long run. Annual Report 200920 The Thai capital market is embracing new opportunities that arise from the changing social and economic environments around the globe. Those

20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...