{"id":32085,"date":"2026-07-12T03:50:32","date_gmt":"2026-07-12T03:50:32","guid":{"rendered":"https:\/\/www.othellointernational.com\/state-of-thai-climate-disclosure-2026\/"},"modified":"2026-07-12T03:50:32","modified_gmt":"2026-07-12T03:50:32","slug":"state-of-thai-climate-disclosure-2026","status":"publish","type":"page","link":"https:\/\/www.othellointernational.com\/th\/state-of-thai-climate-disclosure-2026\/","title":{"rendered":"The State of Thai Corporate Climate Disclosure 2026 \u2014 Flagship Report | Othello"},"content":{"rendered":"\n<link rel=\"preconnect\" href=\"https:\/\/fonts.googleapis.com\"><link rel=\"preconnect\" href=\"https:\/\/fonts.gstatic.com\" crossorigin><link href=\"https:\/\/fonts.googleapis.com\/css2?family=Fraunces:ital,opsz,wght@0,9..144,400;0,9..144,500;0,9..144,600;1,9..144,400;1,9..144,500;1,9..144,600&#038;family=Poppins:wght@300;400;500;600;700&#038;family=JetBrains+Mono:wght@500;600&#038;family=Sarabun:wght@400;500&#038;display=swap\" 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input{width:100%;background:var(--k);border:1px solid var(--line);border-radius:6px;padding:14px 16px;color:var(--w);font-size:14px;font-family:var(--s)}\n.oth-co .gate input:focus{outline:none;border-color:var(--r)}\n.oth-co .gate .ferr{color:var(--r1);font-size:12px;margin-top:8px;display:none}\n.oth-co .gate .gdone{display:none;margin-top:6px}\n.oth-co .gate .gdone p{color:#3ddc84;font-size:14px}\n.oth-co .gate .fnote{font-family:var(--m);font-size:10px;letter-spacing:.06em;color:var(--w3);margin-top:12px;line-height:1.6}\n@media(max-width:600px){.oth-co .gate{padding:26px 20px}.oth-co .gate .g-row{grid-template-columns:1fr}}\n<\/style>\n<div class=\"oth-co\">\n\n  <div class=\"strip\"><div class=\"wrap\"><div class=\"strip-row\">\n    <div class=\"l\"><span class=\"strip-dot\"><\/span>Flagship research \u00b7 Free with registration<\/div>\n    <div class=\"r\">First annual edition \u00b7 <b>July 2026<\/b><\/div>\n  <\/div><\/div><\/div>\n\n  <div class=\"crumb\"><div class=\"wrap\"><a href=\"\/\">Home<\/a><span class=\"sep\">\/<\/span><a href=\"\/esg-playbooks\/\">ESG Playbooks<\/a><span class=\"sep\">\/<\/span><span class=\"here\">State of Thai Climate Disclosure 2026<\/span><\/div><\/div>\n\n  <section class=\"hero\"><div class=\"wrap\"><div class=\"hero-inner\">\n    <div class=\"hero-tag\" data-reveal><span class=\"dot\"><\/span>The flagship report \u00b7 10 chapters \u00b7 ~25 min read<\/div>\n    <h1 data-reveal>The State of Thai Corporate <em>Climate Disclosure<\/em> 2026<\/h1>\n    <div class=\"hero-grid\">\n      <div class=\"hero-left\">\n        <p data-reveal>The scoring regime behind every SET-listed company just changed. This is the report that maps what replaced it \u2014 <strong>the FTSE Russell methodology, the TSRS\/ISSB runway, the verification landscape by the numbers<\/strong> (from our analysis of the full TGO registry), and the exact disclosure moves that now decide scores, sector by sector.<\/p>\n        <div class=\"hs-grid\" data-reveal-stagger>\n          <div class=\"hs\"><div class=\"v\">10<\/div><div class=\"lb\">Chapters<\/div><div class=\"sb\">+ sector scorecards<\/div><\/div>\n          <div class=\"hs\"><div class=\"v\"><span data-count-to=\"1219\">1,219<\/span><\/div><div class=\"lb\">TGO registry orgs<br>analysed<\/div><div class=\"sb\">Scraped 11 Jul 2026<\/div><\/div>\n          <div class=\"hs\"><div class=\"v\">+71<span class=\"sm\">%<\/span><\/div><div class=\"lb\">Verification growth<br>in 18 months<\/div><div class=\"sb\">711 \u2192 1,219 certs<\/div><\/div>\n          <div class=\"hs\"><div class=\"v\">0<span class=\"sm\">THB<\/span><\/div><div class=\"lb\">Free with<br>registration<\/div><div class=\"sb\">Web + print\/PDF<\/div><\/div>\n        <\/div>\n        <div class=\"hctas\" data-reveal>\n          <a href=\"#get-report\" class=\"btn btn-primary\">Get the full report<\/a>\n          <a href=\"\/esg-regulatory-tracker\/\" class=\"btn btn-outline\">See the live tracker<\/a>\n        <\/div>\n      <\/div>\n      <div data-reveal>\n        <div class=\"cover3d\">\n          <div class=\"cv-ed\">\u2605 Othello International \u00b7 Research<\/div>\n          <h3>The State of Thai Corporate <em>Climate Disclosure<\/em><\/h3>\n          <div class=\"cv-m\">FIRST ANNUAL EDITION \u00b7 JULY 2026<br>SET\u2192FTSE \u00b7 TSRS\/ISSB \u00b7 TGO REGISTRY \u00b7 10 SECTORS<br><br>BANGKOK<\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div><\/div><\/section>\n\n  <section class=\"section\"><div class=\"wrap\">\n    <div class=\"section-head\" data-reveal>\n      <div class=\"eyebrow\">Ten findings \u00b7 \u0e1c\u0e25\u0e01\u0e32\u0e23\u0e27\u0e34\u0e40\u0e04\u0e23\u0e32\u0e30\u0e2b\u0e4c<\/div>\n      <h2 class=\"title\">What the research <em>found.<\/em><\/h2>\n    <\/div>\n    <div class=\"find\" data-reveal-stagger>\n      <div class=\"f\"><div class=\"n\">01<\/div><p><strong>2025 was the last SET-rated year<\/strong> \u2014 a record 265 companies qualified (~70% of market cap), then the regime retired for FTSE Russell scores.<\/p><\/div><div class=\"f\"><div class=\"n\">02<\/div><p>From 2026, <strong>your public English disclosure is the scored surface<\/strong> \u2014 LSEG assesses ~15,000 companies from published text alone. No questionnaire, no call.<\/p><\/div><div class=\"f\"><div class=\"n\">03<\/div><p>The climate score is a staircase: <strong>TPI Management Quality L0\u2013L5 across 23 indicators<\/strong> \u2014 and every rung is a disclosure artefact you can write.<\/p><\/div><div class=\"f\"><div class=\"n\">04<\/div><p><strong>Unassessed themes are dropped, not zeroed<\/strong> \u2014 the damage comes from thin disclosure where you are exposed, not silence where you are not.<\/p><\/div><div class=\"f\"><div class=\"n\">05<\/div><p>TSRS lands <strong>SET50 FY2026 \u2192 mai FY2030<\/strong>, climate-first, with the TGO CFO method accepted for assurance in the first five years <em>(pending gazettal)<\/em>.<\/p><\/div><div class=\"f\"><div class=\"n\">06<\/div><p>Verification surged <strong>+71% in 18 months<\/strong> \u2014 yet only <strong>194 of ~940 listed companies (~21%)<\/strong> hold current TGO certification; 52 more lapsed within the year.<\/p><\/div><div class=\"f\"><div class=\"n\">07<\/div><p>Thailand has <strong>387 registered CFO consultants<\/strong> \u2014 nearly all engineering practices. Nobody couples certification with investor-grade bilingual disclosure.<\/p><\/div><div class=\"f\"><div class=\"n\">08<\/div><p><strong>Exposure sets the bar:<\/strong> the same Scope 1&amp;2 disclosure that scores well in healthcare scores poorly in transport. Ten sector scorecards inside.<\/p><\/div><div class=\"f\"><div class=\"n\">09<\/div><p>Banks are scored on <strong>financed emissions<\/strong> (PCAF \u00b7 TPI banking framework \u00b7 IFRS S2 B58\u2013B63) \u2014 9 of 10 major Thai banks already run PCAF; data quality is the new frontier.<\/p><\/div><div class=\"f\"><div class=\"n\">10<\/div><p>Only ~<strong>18% of rated Thai issuers track Scope 3<\/strong>; targets without base years and asserted-not-evidenced governance remain the costliest gaps.<\/p><\/div>\n    <\/div>\n  <\/div><\/section>\n\n  <section class=\"section alt\" id=\"get-report\"><div class=\"wrap\">\n    <div class=\"gate\" data-reveal>\n      <div class=\"eyebrow\" style=\"margin-bottom:12px\">Free \u00b7 Web edition + printable PDF<\/div>\n      <h3>Read the <em>full report.<\/em><\/h3>\n      <p>Tell us where to send the update when the rules move (TSRS gazettal, FTSE cycle dates) and the full report opens immediately \u2014 all ten chapters, the sector scorecards and the TGO registry analysis.<\/p>\n      <form id=\"rpGate\">\n        <div class=\"g-row\"><input type=\"text\" name=\"name\" placeholder=\"Full name\" required><input type=\"email\" name=\"email\" placeholder=\"Work email\" required><\/div>\n        <div class=\"g-row\" style=\"margin-top:10px\"><input type=\"text\" name=\"company\" placeholder=\"Company\"><input type=\"text\" name=\"role\" placeholder=\"Your role (optional)\"><\/div>\n        <button type=\"submit\" class=\"btn btn-primary\" style=\"width:100%;justify-content:center;margin-top:14px\">Open the full report<\/button>\n        <div class=\"ferr\" id=\"rpErr\">Please enter a valid work email.<\/div>\n        <div class=\"gdone\" id=\"rpDone\">\n          <p>\u2713 You&#8217;re in \u2014 opening the report\u2026<\/p>\n          <a class=\"btn btn-primary\" style=\"width:100%;justify-content:center\" href=\"\/sotcd-2026-full-report-kx7m2q\/\">Read the full report now<\/a>\n        <\/div>\n        <div class=\"fnote\">We send only rule-change updates tied to this report \u00b7 Unsubscribe anytime \u00b7 Never shared<\/div>\n      <\/form>\n    <\/div>\n  <\/div><\/section>\n\n  <section class=\"section\"><div class=\"wrap\">\n    <div class=\"section-head center\" data-reveal>\n      <div class=\"eyebrow\">Companion assets<\/div>\n      <h2 class=\"title\">Go <em>deeper.<\/em><\/h2>\n    <\/div>\n    <div class=\"rel-grid\" data-reveal-stagger>\n      <a class=\"rel\" href=\"\/esg-regulatory-tracker\/\"><div class=\"rel-tag\">Live tracker<\/div><h4>Regulatory <em>Tracker<\/em><\/h4><p>The report&#8217;s Chapter 3, kept live \u2014 SET\u2192FTSE, TSRS, One Report &amp; CBAM.<\/p><div class=\"rel-cta\">Explore<\/div><\/a>\n      <a class=\"rel\" href=\"\/esg-readiness-navigator\/\"><div class=\"rel-tag\">Free tool<\/div><h4>Readiness <em>Navigator<\/em><\/h4><p>Five questions \u2192 your sequenced FTSE 2026 roadmap.<\/p><div class=\"rel-cta\">Explore<\/div><\/a>\n      <a class=\"rel\" href=\"\/state-of-esg-disclosure-thailand\/\"><div class=\"rel-tag\">Companion read<\/div><h4>State of <em>ESG Disclosure<\/em><\/h4><p>The broader ESG overview this climate deep-dive extends.<\/p><div class=\"rel-cta\">Explore<\/div><\/a>\n      <a class=\"rel\" href=\"\/clause-mapped-bilingual-one-report\/\"><div class=\"rel-tag\">Flagship service<\/div><h4>Clause-Mapped <em>One Report<\/em><\/h4><p>File in Thai. Score in English. The product built for Chapter 8.<\/p><div class=\"rel-cta\">Explore<\/div><\/a>\n    <\/div>\n  <\/div><\/section>\n\n  <section class=\"final\"><div class=\"wrap\"><div class=\"final-inner\">\n    <div class=\"eyebrow\" data-reveal>Engage Othello<\/div>\n    <h2 data-reveal>Don&#8217;t just read the state of disclosure. <em>Change yours.<\/em><\/h2>\n    <p class=\"flead\" data-reveal>We run this report&#8217;s framework against your actual latest disclosure \u2014 clause-mapped, FTSE-calibrated, under NDA from the first email.<\/p>\n    <div class=\"final-cta\" data-reveal>\n      <a href=\"\/contact\/\" class=\"btn btn-primary\">Get a 1-hour quote<\/a>\n      <a href=\"tel:+6628592145\" class=\"btn btn-outline\">+66 02-859-2145<\/a>\n    <\/div>\n    <div class=\"final-note\" data-reveal>ISO 17100-aligned \u00b7 NDA from first email \u00b7 100% in-house Bangkok bench<\/div>\n  <\/div><\/div><\/section>\n\n<\/div>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"name\":\"The State of Thai Corporate Climate Disclosure 2026 \u2014 Flagship Report\",\"url\":\"https:\/\/www.othellointernational.com\/state-of-thai-climate-disclosure-2026\/\",\"inLanguage\":\"en\",\"description\":\"Othello International\u2019s first annual flagship report: the SET\u2192FTSE Russell scoring handover, TSRS\/ISSB phase-in, the TGO verification landscape by the numbers, and sector-by-sector climate scorecards for Thai listed companies.\",\"publisher\":{\"@type\":\"Organization\",\"name\":\"Othello International\",\"url\":\"https:\/\/www.othellointernational.com\/\"}}]}<\/script>\n<script>\n(function(){\n  var f=document.getElementById('rpGate'); if(!f)return;\n  f.addEventListener('submit',function(e){\n    e.preventDefault(); var em=(f.email.value||'').trim();\n    if(!\/^[^@\\s]+@[^@\\s]+\\.[^@\\s]+$\/.test(em)){document.getElementById('rpErr').style.display='block';return;}\n    document.getElementById('rpErr').style.display='none';\n    var pl={name:f.name.value,email:em,company:f.company.value,role:f.role.value,source:'sotcd-2026'};\n    function done(){\n      f.querySelectorAll('input,button,.fnote').forEach(function(el){el.style.display='none';});\n      document.getElementById('rpDone').style.display='block';\n      setTimeout(function(){window.location.href='\/sotcd-2026-full-report-kx7m2q\/';},1400);\n    }\n    fetch('\/wp-json\/othello\/v1\/lead',{method:'POST',headers:{'Content-Type':'application\/json'},body:JSON.stringify(pl)}).then(done).catch(done);\n  });\n})();\n<\/script>\n\n<script>\n(function(){\n  function init(){\n    document.querySelectorAll('.oth-co').forEach(function(root){\n      if(root.dataset.othInit)return; root.dataset.othInit='1';\n      if('IntersectionObserver' in window){\n        var revObs=new IntersectionObserver(function(es){es.forEach(function(e){if(e.isIntersecting){e.target.classList.add('in');revObs.unobserve(e.target);}});},{threshold:.12,rootMargin:'0px 0px -50px 0px'});\n        root.querySelectorAll('[data-reveal],[data-reveal-stagger]').forEach(function(el){revObs.observe(el);});\n        var cObs=new IntersectionObserver(function(es){es.forEach(function(e){\n          if(!e.isIntersecting)return;var el=e.target;if(el.dataset.counted)return;el.dataset.counted='1';\n          var to=parseFloat(el.dataset.countTo),dec=parseInt(el.dataset.countDecimals||'0',10),dur=1800,start=performance.now();\n          var hasComma=(el.textContent||'').indexOf(',')!==-1;\n          function fmt(n){var v=dec>0?n.toFixed(dec):Math.floor(n).toString();if(hasComma&&dec===0){v=v.replace(\/\\B(?=(\\d{3})+(?!\\d))\/g,',');}return v;}\n          function tick(now){var p=Math.min((now-start)\/dur,1),eased=1-Math.pow(1-p,3);el.textContent=fmt(to*eased);if(p<1){requestAnimationFrame(tick);}else{el.textContent=fmt(to);}}\n          requestAnimationFrame(tick);cObs.unobserve(el);\n        });},{threshold:.5});\n        root.querySelectorAll('[data-count-to]').forEach(function(el){cObs.observe(el);});\n      }else{\n        root.querySelectorAll('[data-reveal],[data-reveal-stagger]').forEach(function(el){el.classList.add('in');});\n      }\n    });\n  }\n  if(document.readyState==='loading'){document.addEventListener('DOMContentLoaded',init);}else{init();}\n})();\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Flagship research \u00b7 Free with registration First annual edition \u00b7 July 2026 Home\/ESG Playbooks\/State of Thai Climate Disclosure 2026 The flagship report \u00b7 10 chapters \u00b7 ~25 min read The State of Thai Corporate Climate Disclosure 2026 The scoring regime behind every SET-listed company just changed. 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