Implementation of environmental, social and good governance in the industry Plant: Rayong Province

Abstract

This research paper was study on the operation and factors affected environmental, social and governance of industrial business companies in the industrial estate zone, Rayong Province. This study was collected data from questionnaire of 351 executives, managers and industrial employees in Rayong province. The statistics used were Percentage, Mean: x̅, Standard Deviation: S.D., One-way Anova, Scheffe Analysis used SPSS program

The results of the study found that the industry in Rayong operated environmental, social, and governance activities at a high level. When considering each aspect, it was found that the good governance had the top level, followed by social aspects, and the least was environment. The variance comparison of the mean levels of environmental, social and governance performance based on industry characteristics, duration of operation and the registration in Stock exchange market, had statistically significant differences at the 0.05 level. It shows that the degree of environmental, social and governance actions has increased due to the long operating time and the listed industry. From the results of the study, it is clear that businesses in the industrial sector recognize and understand the importance of environmental, social and operational governance activities, which aims to be a sustainable business.

Therefore, in the industrial and other business sectors, it is important to implement environmental, social and governance activities in order to enable the business to operate in an environmentally friendly manner and in the surrounding society for sustainability in the operation of the business