The OIC supports the insurance business in disclosing information. 'Environmental, social, and governance aspects' Miss Chayanin Kerdphonngam, Assistant Secretary-General Supervision Standards Development Line The Office of the Insurance Commission (Office of the Insurance Commission) revealed that the OIC has prepared a framework of guidelines regarding the disclosure of environmental, social and governance information. of life insurance companies and insurance companies To promote the insurance business, we are aware of the importance of disclosing such information. Reflects sustainable, transparent and verifiable business operations, as well as demonstrating the role and responsibility of the insurance business to stakeholders such as insureds, business partners, society and communities. According to the activities of the insurance value chain (Value chain) in each dimension, which will help attract the attention and build confidence of insureds and investors who value the environment, society and good g overnance. To lead to increased opportunities and long-term returns. Support the insurance business in adapting to meet international standards. Trends and directions around the world that recognize the importance of sustainable business operations. According to the mission of the Office of the Insurance Commission under the Insurance Development Plan No. 4, which focuses on business adaptation to suit and keep up with international standards. As well as the role of the insurance business in supporting a sustainable economic and social system, which insurance business regulatory agencies both domestically and abroad are currently giving importance to. and clearly expressed his position to drive forward the matter. As for guidelines for developing a regulatory framework for disclosing ESG information, in the past there has been a study of regulatory guidelines from both international standards, such as international insurance business governance standards. (International Association of Insurance Supervisors: IAIS) Principles for Sustainable Insurance (Task Force on Climate-related Financial Disclosures: TCFD) Sustainability Reporting Initiative (Global Reporting Initiative) Standards: GRI) and guidelines for regulating the disclosure of information by domestic agencies such as the annual information disclosure form (56-1 One report) and the sustainability reporting manual for listed companies until the results of the study and development into a framework. Guidelines on the disclosure of environmental, social and governance information by life insurance companies and insurance companies It consists of guidelines for disclosing information in 3 important dimensions, namely, the first dimension, guidelines for disclosing information in the environmental dimension. (Environment) with the topic of disclosing information on environmental management. and climate change Dimension 2: Guidelines for disclosing information in the social aspect (Social), with the topic of disclosing information in the area of ??responsibil ity to the insured. Increasing access to insurance Social responsibility Treating labor fairly and human rights. Dimension 3: Guidelines for disclosing information in the area of ??good governance (Governance), with topics regarding disclosing information in the areas of policy, structure, and corporate governance systems. and business ethics Risk management Cyber ??Security and Personal Data Protection innovation development Sustainable supply chain management and investment for sustainability The Office of the OIC has published a framework guideline regarding the disclosure of environmental, social, and governance information. to insurance companies You can download such documents at https://www.oic.or.th Topic: Supervision guidelines: Insurance company information disclosure guidelines.-515-Thai News Agency Source: Thai News Agency