SCG Selected As One of 6 Companies for Internal Carbon Pricing Pilot Program to Cut Greenhouse Gas Emissions in Thailand

Date: 3 Dec 2020

Chonburi – 3 December 2020 Chemicals Business, SCG, led by Mr. Poramate Chairat, Sustainable Development Director, received a certificate of honor from Thailand Greenhouse Gas Management Organization (TGO) and World Bank. Besides, the company has been selected as one of the six Thai companies to join a pilot Internal Carbon Pricing (ICP) program at the event celebrating the success of industrial education promotion on carbon pricing and green investment to cut carbon emissions at Holiday Inn Pattaya Hotel in Chonburi­ province.

Dr. Weruka Rattanavaraha, Environment and Energy Manager, also attended a panel discussion on ICP corporate implementation. The ICP program aims to help companies manage climate risk and opportunities and promote actions to reduce greenhouse gas emissions in Thailand.

SCG sets the target of greenhouse gas emissions reduction by 28% within 2030 (compared with BAU at the base year of 2007) as a response to keep global temperature rise below 2 degrees Celsius. To achieve sustainable development, SCG has considered to size up the targets by maintaining the global temperature increase below 1.5 degrees Celsius and reaching Net Zero Carbon with the integration of technologies and innovation.