Crowdfunding Strategy #27 Thailand ESG Fund Opportunity for everyone

Earlier we talked about building a company. To meet the conditions that funds or investors can invest in (Investable Company) to some extent, by integrating ESG (Environmental, Social, Government) into the company's strategy. It may be part of the company's own operations. Or create a company that is a social enterprise (Social Enterprise) to answer ESG issues that I would like to call Corporate Social Enterprise (CSE), which will be a continuation of the Corporate Social Responsibility (CSR) project that makes it very sustainable. richer

Recently it has begun to become a reality. In Thailand, where the government has a policy to issue a sustainability fund or Thailand ESG Fund, investors can choose to invest. and save on personal taxes and to help support the stock exchange Starting by investing in companies listed on the Thai stock exchange first. Details of the conditions for tax deduction of the fund It can be summarized as follows:

• It is a fund that invests in stocks with good ESG and ESG bonds.
• Income earners have the right to deduct taxes from purchasing this fund. Received at a rate not exceeding 30% of the assessable income per person. But it must not exceed 100,000 baht per person per year, which is an additional amount. It does not have to be combined with the limit of 500,000 baht which is the purchase ceiling for SSF RMF + provident fund. (or GPF)+pension life insurance
• You really have to hold it for 8 full years, counting from day to day. Therefore, it can be sold and is exempt from having to include the money or benefits received in calculating income tax.
• Granting the right to purchase from 2566 to 2575 (10 years in total) with no minimum. And there is no obligation to purchase continuously.

As for the investment, what will the returns be in the next 8 years? Even though past performance is not a guarantee of future performance. But I would like to bring past data for everyone to analyze as follows. If the Thaipat ESG index is used (The institute is a pioneer in developing information on business sustainability and is the organizer of information on listed companies with outstanding performance in the areas of environment, society and governance. (Environmental, Social and Governance))  It was found that if the return was compared between the Thaipat ESG Index (Total Return) from the base day (30 June 58) until 13 November 66 with the SET100 and SET50 Index (Total Return), it was found that the Thaipat ESG Index gave results. The total return was 22.70% (average 2.47% per year), while the SET50 and SET100 indices gave total returns of 11.18% and 10.74% (average 1.27% and 1.22% per year), respectively (data from https ://www.thaipat.org/2018/10/esg-index.html)

It can be seen that the trend of investing in companies that have implemented sustainable policies and strategies with ESG in the past has yielded interesting returns. Moreover, there is support for future investment which is likely to continue to increase. from both the public and private sectors This will cause a greater amount of money to flow into this type of investment. Therefore making this investment interesting.

As for entrepreneurs, we must bring ESG as one of the main pillars in executing the company's strategy in order to create a company ready for investment with ESG principles as well, for the sustainability of business operators, investors, and society. Thank you and see you again next time.