THE LEVEL OF SUSTAINABILITY REPORTING FOR LISTED COMPANIES IN STOCK EXCHANGE OF THAILAND: A CASE STUDY OF PROPERTY DEVELOPMENT BUSINESS SECTOR

Abstract

The purpose of this research was to study the level of sustainability reporting of property development business listed in the Stock Exchange of Thailand (SET) with the sustainability assessment issued by SET. The studied samples consisted of 17 companies, selected and qualified by the SET criteria for participating in 2016 annual Sustainability Awards. Data were collected from the 2016 Annual Report or 56-2 Form, as well as the Sustainability Report and the Sustainable Development Report. The sustainability assessment form from SET was employed. The Disclosure Index was used to measure the level of sustainability reporting. Data analysis used descriptive statistical including frequency and percentage.

The research found that the level of sustainability reporting according to the SET sustainability assessment in terms of economic, environmental, and social aspects was in high level (64.71%) and in medium level (35.29%). This result can be guideline for annually reporting sustainability and beneficial for the investors to make investment decision. The future research can apply the questions in the sustainability assessment to study the level of sustainability reporting.