Thailand's Carbon Markets Club and Enterprise Singapore Jointly Organize a Webinar on Leveraging Regional Collaboration in Carbon Services

Thursday 14 July 2022 16:31
Gloyta Nathalang, Executive Vice President, Corporate Branding, Communication, and Sustainability Activation, Bangchak Corporation Plc., and Chairperson of Thailand's Carbon Markets Club (CMC), together with Chew Hwee Yong, Global Markets Director of Enterprise Singapore, jointly gave welcome speeches for the 2nd installment of CMC's "DID YOU KNOW? Webinar Series" titled "Leveraging Regional Collaboration in Carbon Services for Sustainable Growth" recently.
Thailand's Carbon Markets Club and Enterprise Singapore Jointly Organize a Webinar on Leveraging Regional Collaboration in Carbon Services

The webinar was a joint initiative between Carbon Markets Club and Enterprise Singapore, a Singapore government agency championing enterprise development, to highlight the knowledge and progress of regional efforts to promote value-based and innovation-driven sustainable development and energy transition towards a low-carbon society. Gloyta also shared information on "Thailand Climate Goals and Carbon Markets Club", and was joined by notable Singapore carbon market players including speakers from Climate Impact X, South Pole, and Keppel Infrastructure in sharing their experiences on regional carbon credit trading through mandatory Exchange Markets, with over 100 participants from Thailand and Singapore.

About Bangchak

Bangchak Corporation Public Company Limited, the Energy Transition Leader, operates 5 main businesses, namely 1) Refinery Business Group is a modern Complex Refinery and is a Niche Product Refinery to produce low emission products 2) Marketing Business Group has a network of over 1,200 service stations, completed by various non-oil business such as Inthanin Coffee, Furio lubricants, and EV Chargers 3) Green Power Business from the renewable energy businesses operated by BCPG, and entering the battery business for large energy storage 4) Bio-Based Product Business, operated by BBGI, the largest producer and retailer of biofuels in Thailand and expanding bio-based High Value Products (HVP) 5) Natural Resources and New Business, investing in petroleum exploration and production through investments in OKEA ASA, Norway which is renowned for its environmental policies and Bangchak Initiative and Innovation Center (BiiC) a Corporate Venture Capital investor focused on new businesses domestically and internationally, as well as building green innovation ecosystem promoting green energy and bio-based innovation.

Additionally, it has established the Carbon Markets Club to promote carbon credit trading supporting the Energy Transition and setting a network for future bio-based technology, the Syn Bio Consortium.

Bangchak was assessed by S&P Global, the assessor of the Dow Jones Sustainability Indices (DJSI) and awarded the S&P Global Sustainability Award 2021 - Silver Class, and received the MSCI ESG Rating of AA, which is the highest for the Energy Sector in Thailand, and has consecutively received the recognition since 2018. It targets Carbon Neutrality by 2030, and Net Zero GHG Emission by 2050.

Source: Bangchak Corporation