ws logo Saturday, 23 November 2024

Vichien Phongsathorn, President & CEO, Premier Group of Companies

Thailand

Champion's Profile

Vichien founded three foundations to tackle inequality and to create change in Thai Society. He is a co-founder of the BKIND Fund, Thailand’s first socially responsible investment mutual fund which invests in Thai-listed companies that meet sustainability targets. He helped to establish the Thai CG Fund, a collaboration of the Federation of Thai Capital Market Organization (FETCO), 11 asset management companies, Khon Thai Foundation, Thailand Development Research Institute and the Change Venture Co., Ltd. The Thai CG Fund seeks to establish a mutual fund which only invests in companies demonstrating good corporate governance. He also sponsors Thailand’s most active online social crowdfunding platform - “Tae Jai” which aims to harness contributions from society in order to fund and scale up community-based projects in Thailand.

UNDP SDG

Industry Innovation and Infrastructure, Sustainable Cities and Communities, Peace, Justice and Strong Institutions and Partnership for the Goals

Description and impact

A social purpose organisation for collaborative sustainable development with the belief that active engagement from the public and multiple organisations is the key in achieving sustainable development and solving structural problems. We create platforms to empower active citizens to work with each other and to join issue-based intermediary organisations to mobilize for change. We do this through the “Thailand Collaboration for Change”, a cooperative network of active citizens and civil society groups working for inclusive and sustainable development. In 2018, all four platforms reached 53,328 beneficiaries, 358 stakeholders, 13,793 active citizens and 362 volunteers. Outcomes include: Thailand Collaboration for Change - people’s participation for sustainable development; www.taejai.com- an online community for sharing society; BKIND – a mutual fund for sharing society; THAI CG Funds – a mutual fund for corporate governance and anti-corruption; media for social Justice Fund- for strong media ecosystem for social justice.