SET continues 2nd year of 'Care the Whale' project with alliances to tackle global warming

Wednesday 17 February 2021 08:51
The Stock Exchange of Thailand (SET), jointly with environmental partners, has gained substantial results in reducing greenhouse gas emissions by 4.27 million kilograms of carbon dioxide equivalent (Kg.CO2e) for a one-year collective effort under "Care the Whale project: The climate action collaboration @Ratchada District Initiative". Moving forward for this second year, SET aims to develop Climate Care Calculator Digital Platform as an effective tool of waste management from upstream to downstream for analysis and evaluation of waste disposal. To further expand to a wider public, in line with the Bio-Circular-Green Economy model, SET will organize the Climate Care Forum "Survive Climate Tipping Point" online virtual seminar on Wednesday, February 17, 2021 to encourage all stakeholders to find lessons learned and solutions to conquer climate change.
SET continues 2nd year of 'Care the Whale' project with alliances to tackle global warming

SET President Pakorn Peetathawatchai said that SET aims to create opportunities of a balanced growth between business and social aspects to enable the capital market to benefit all sectors, under vision 'To make the capital market Work for everyone'. SET has continuously collaborated with partners from public, private, and social sectors to address environmental problems and create a balanced ecosystem. The 'Care the Whale' project has therefore been created to drive sustainable environment management, in compliance with the United Nations Sustainable Development Goals (SDGs): Climate Action (Goal 13); "Responsible Consumption and Production" (Goal 12); and "Partnerships for the Goals" (Goal 17).

During the first year, the 'Care the Whale' project has embraced over 30 business alliances and networks comprising 14 organizations on Ratchadapisek Road, including social enterprises, business partners related to circular economy as well as public agencies. Since its inception, the project could reduce greenhouse gas emissions by 4,268,495.04 Kg.CO2e, equivalent to planting a 10-year-old mature tree totalling 474,277 trees. Significantly, in the implementation process, project members were active in waste management, comprehensively separating wastes from upstream to downstream of the circular economy process.

This year, 'Care the Whale' aims to extend engagement beyond Ratchadapisek Road with cooperation from business and community sectors in Bangkok and other provinces as well. SET also develops Climate Care Calculator Digital Platform as a practical tool of full-cycle waste management and greenhouse gas emissions reduction rate calculator, which will enable efficient analysis and improvement of waste management.

On the occasion of the campaign's 1st Aanniversary, the Climate Care Forum "Survive Climate Tipping Point" forum will be held online, starting off with a special keynote address by Varawut Silpa-archa, Minister of Natural Resources and Environment on "Survive Climate Tipping Point". The panel discussion on "Invisible waste: lessons learned to combat global warming" will be presented by expert panelists who will share solutions from their lesson learned on waste management in various contexts in terms of regulator, business and community sectors in pushing toward waste elimination, waste innovation, food waste and fashion waste solutions, as well as updating global warming phenomenon, environment policies in global and Thailand levels. The panelists comprise Phra Maha Pranom Dhammalangkaro, the abbot of Wat Chak Daeng, Samut Prakan Province, who is a role model of community waste management; Ph.D. Buntoon Srethasirote, Commissioner of Energy Regulatory Commission; Dr. Chaiyod Bunyagidj, Vice President of Thai Sustainable Consumption and Production Network; Somsak Borrisuttanakul, TPBI pcl's Chief Executive Officer; Ph.D. Suthat Rongrong, Founder and Chief Executive Officer of Do in Thai Co., Ltd.; Jirarot Pojanavaraphan, Managing Director of Saeng Charoen Grand Co., Ltd. (SC Grand) and Founder of VT THAI Group Co., Ltd.; Wishulada Panthanuvong, an environmental artist; and Noppakao Sucharitakul, SET's Executive Vice President.

Mark your calendar for the online forum on February 17, 2021 from 1.30 - 4.00 p.m. and watch live nationwide via Facebook Live: SET Thailand, SET Social Impact, Care the Whale. For more information, please visit www.setsocialimpact.com .

About Care the Whale project "Invisible Waste"

Care the Whale project "Invisible Waste" is carried out in line with the United Nations Sustainable Development Goal (SDG) 13: "Climate Action", SDG 12: "Responsible Consumption and Production" and SDG 17: "Partnerships for Goals". It is driven by the collaboration of four important sectors namely 14 business organizations including department stores and residential buildings on Ratchadapisek Road, social enterprises, partners engaged in circular economy supply chain and government agencies. The project's objective is to be a part in tackling environment problem and maintaining a balanced ecosystem toward the goal of sustainable reduction of global warming under zero waste and effective waste recycling concept. Each project partner will use the "whale" icon to symbolize ecosystem that requires human actions to regenerate for rebalancing. For more information, please visit Facebook: Care the Whale.

Source: The Stock Exchange of Thailand