BOT urges all sectors to join forces to change the business game to ESG to cope with trade barriers. on the OR side Ready to launch the super application Xplore to connect communities to online. EXIM Bank urges financial institutions to join forces to support SMEs to adapt to ESG and Bangchak to build a SAF sustainable aviation fuel plant in volume 1. million liters per day in 2 years, answering the question of reducing global warming Ready to use blockchain technology to develop "Book and Claim" to support SAF trading Carbon Credit Claim It is expected to be completed within 1-2 years.
Mr. Rondon Numnonda, Deputy Governor for Financial Institutions Stability Bank of Thailand (BOT) gave a special speech at the "ESG Game Changer" seminar organized by "Prachachart Turakij" that today we cannot wait for the world that is getting more and more disturbing every day. We are at a point where we have to question the importance of doing business that affects the environment. because we see more and more disasters Longer hot weather, longer drought, heavier rainfall, meanwhile, Thailand ranks at the bottom of the disaster response capability ranking. ranked 39th From the rankings of all 48 countries, if no action is taken by the year 2050, the Thai economy will be affected by 43% of GDP.
There is also pressure on various measures from abroad. as well as the practices of foreign companies on managing greenhouse gas emissions. Of course, these things Thailand will have to adapt to cope with. The European Union will impose a carbon tax on cross-border goods starting October 1. It is expected to affect more than 1,000 companies and affect the value of exports to 18 billion baht.
As Japan itself shifts its production from combustion vehicles to electric vehicles. which in the future will affect the production of more than 30,000 parts, less than 3,000 will remain, of course, will affect the Thai export sector Therefore, the Thai automobile industry cannot live in the old world. In addition, the agricultural sector and the tourism sector must seriously adjust.
However, in terms of the financial sector It would be one sector that must support the adjustment of the Thai business sector, with the BOT always giving importance to ESG issues. In the social aspect, debt relief clinics have been implemented. In terms of governance, financial institutions have issued criteria for fair business operations. Recently, there is a sustainable way to solve household debt.
Mr. Thapana Sirivadhanabhakdi President Thai Beverage Plc. Said at the ESG : Game Changer seminar that doing ESG is no longer an option. But it's a necessity. Because of the effects of global warming that are evident around the world, whether the heat exceeds 45 degrees Celsius in the western world. unusually heavy rain in the east, etc. However, doing ESG is challenging in many aspects, both internal and external factors, such as managing both inside and outside the organization, the outbreak of COVID-19, etc., reflecting the world community's efforts to reduce the control target. Increasing the average temperature from 2 degrees to 1.5 degrees to today's 1 degree is unclear whether this goal can be achieved, but although challenging it is necessary to achieve it. Because this increase in temperature is like a human fever. The temperature rose from 37 degrees Celsius to 39 degrees Celsius, already very critical.
for ThaiBev's approach Has set ESG goals such as reducing greenhouse gas emissions to zero and returning 100% of water to nature and the community by 2040, while 80% of non-alcoholic beverage sales must come from healthy drinks by 2030, including 100 % of strategic partners are required to establish and enforce a code of conduct for their partners. We believe that ESG should be able to drive sustainable growth for businesses while creating a livable world.
Mr. Disatat Panyarachun Chief Executive Officer and President of PTT Oil and Retail, or OR, revealed during the ESG Game Changer seminar on the topic of making "sustainability" a reality that he wanted to show that OR is What have you done for society and the environment? which some people see as oil traders And during this period, the price of oil is rising, maybe not very fond of, but in the aspect of ESG, sustainability in practice. which is still in action and has not stopped Has promoted and created a lot of growth for society At the same time, OR also focuses on 4 missions, namely SEAMLMESS MOBILITY, the development of technology and a seamless connection by wanting to be closer. Where does the energy go? will link Connect to the service ALL LIFESTYLES We do not only sell oil. But we also have a new business and in the next 3 months we will see our business is about beauty and health. Which is seen as a target business because the society is entering an aging society which is increasing We look at this business group and are ready to provide opportunities for traders to come in.
On GLOBAL MARKET, we are successful in a group of businesses that are ready to expand to find business opportunities in more than 10 countries such as Lao PDR, Cambodia, Philippines, Myanmar and Oman. each In our business, we do not stop doing business in Thailand only. But we look for opportunities overseas and are ready to seize them. because in Thailand there are still limitations and supervisor We will seek opportunities to expand our business.
OR INNOVATION We have a different idea. how we make a difference From now on, we have a service station. We will evolve to be online. And will go online 50% In August, we will open an application called Xplore. This will be an application that gets closer to customers. It's not just an application of OR, but a group of PTT. We have a lot of products, the EV pharmaceutical business that we are developing. We work as a group to be the largest application of PTT and this app will be a super app of PTT that is stronger. However, this application will be useful to the community and society as it will be a marketplace for collecting products in our network. and we will bring it up on the application People will have the opportunity to sell stuff on our application for free.
For communities and societies caring for sustainability, the SDG is the big picture of the United Nations. but what goes forward Giving small people a chance is what I do. Providing all kinds of opportunities for community and social enterprises to be included in the network of because they can not do business alone and when they do business together must take care of it and never stop thinking In addition, SDG and ESG create cohesion and alignment. The idea of OR itself is not looking at green as a cost, but as a support. It's about taking energy. If reused, it is cost management. Putting money into the opportunity to do business to be sustainable. I never thought it was a cost which is the concept of many different strategies and programs as well.
Source: Thai News Agency