Established in 1997, the Government Pension Fund of Thailand ("GPF") is a mandatory defined-contribution pension fund managing retirement incomes for Thai government officials. As at December 31, 2019, they had USD 31.8 billion of assets under management.
As a UN PRI signatory, GPF integrates environmental, social and governance issues into its investment research and decision-making. Additionally, the firm applies negative screening criteria on controversial weapons, gambling, sex and pornography. Moreover, as part of its commitment to be a "leader in ESG investing and initiatives in Thailand", GPF has initiated and led the development of the Negative List Guidelines of Thailand and made publicly available its GPF-ESG Weights and Scores: Asset Valuation Methodology© in collaboration with the World Bank Group.
GPF-ESG Weights and Scores: Asset Valuation Methodology©