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27 Sept 2023

SCGC Joins Efforts to Drive Thailand Towards Net-Zero Emissions, Encouraging Business Transition with Circular Economy at TCP Sustainability Forum 2023

Business ESG Circular Economy Innovation Solutions Sustainability CSR Digitization Investor Relations

Bangkok - SCG Chemicals, or SCGC, a regional market leader in the chemical business focusing on business growth and sustainability, has recently declared the commitment to a zero-carbon emission policy to address the global climate change crisis and the future challenges of the business sector. SCGC has actively exchanged ideas and shared business experiences on achieving sustainable success under the circular economy principles in collaboration with leading organizations from various industries at the TCP Sustainability Forum 2023 under the theme "Net Zero Transition - From Commitment to Action." This event aims to bring about tangible changes and clear actionable directions.

Tanawong Areeratchakul, Chief Executive Officer and President of SCG Chemicals Public Company Limited (SCGC), participated in the discussion and shared his vision and experiences in implementing the ESG (Environmental, Social, and Governance) approach in business operations. He spoke under the topic "Circular Economy: How Can the Business Sector Accelerate the Transition."

"SCGC emphasizes the efficient use of resources based on the principles of the circular economy and aims to minimize environmental impact by developing green innovations. Examples include green polymer and low-carbon innovations. Furthermore, in response to climate change, SCGC prioritizes reducing greenhouse gas emissions throughout the value chain by opting for state-of-the-art machinery, integrating advanced technology, and employing digital systems to decrease resource and energy consumption in the production process."

"Addressing the climate emergency and achieving net-zero greenhouse gas emissions is a challenge that everyone must seriously focus on and work towards the same goal. At the same time, this challenge also presents an opportunity to develop solutions and innovations for the sustainability of society, environment, and business. All sectors must collaborate," said Tanawong.

Additionally, SCGC has partnered with the TCP business group to develop the "Energizing Wellness Box” to prepare and assist those affected by potential climate change-related disasters. The package, made from high-quality post-consumer recycled resin (PCR), is waterproof, impact-resistant, lightweight, and easily portable. Inside the box are innovative food products from the TCP business group, which are rich in proteins and dietary fibers derived from natural ingredients, ensuring timely assistance for disaster victims.

The TCP Sustainability Forum 2023, organized by the TCP business group, saw the participation of over 200 attendees from the public sector, private sector, and civil society. The event aimed to gather opinions, exchange sustainability information, and promote collaboration among industry partners and stakeholders across the supply chain. The objective is to drive towards the country's sustainability goals and the United Nations Sustainable Development Goals (SDGs). This year's theme was "Net Zero Transition - From Commitment to Action," emphasizing the transformation of commitments into tangible actions. Both SCGC and the TCP business group, as partners in sustainability, serve as exemplary organizations in conducting business based on the circular economy principles and jointly promote comprehensive and continuous sustainable development for Thailand.


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