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As a private corporation operating in 21 countries across the globe in eight business lines, Charoen Pokphand Group Co.,Ltd. (C.P. Group) is committed to driving sustainability and supporting all 17 Sustainable Development Goals (SDGs) to help effect changes against serious global issues of global warming, biodiversity loss, and environmental deterioration of air, water, and soil.<\/p>\n
Despite the Covid-19 pandemic, the group\u2019s operations in the previous year involved several projects and initiatives to maximise resources efficiency, including expanding the use of renewable energy from various sources, reducing the use of plastic and improving recycling rate, reducing food waste, increasing investment in the environment and energy infrastructure of each country, supporting planting trees, and adopting environmentally-friendly technologies. Last year, the group invested over 1.4 billion baht in environment and climate action.<\/p>\n
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<\/a><\/div>\nAs such, C.P. Group was able to reduce greenhouse gas emissions by 0.72 million tons of CO2e and energy consumption by 0.55 million gigajoules. The proportion of renewable electricity is 11% and over 92.15% of packages were reusable.<\/p>\n
Suphachai Chearavanont, CEO, C.P. Group, has declared that the group aims to become a net zero organisation by 2030. Moreover, it has expanded the target to include the entire supply chain by 2050, as well as planting 20 million trees to boost carbon absorption by 2025.<\/p>\n
<\/a><\/div>\n\u201cWe must take every possible action to reduce greenhouse gas emissions and increase the absorption of carbon,\u201d said Suphachai at the \u201cGCNT Forum 2021: Thailand\u2019s Climate Leadership Summit,\u201d organised by Global Compact Network Thailand (GCNT) together with the United Nations.<\/p>\n
\u201cThe concept of circular economy must be adopted from design to development to service. Waste should be avoided at all costs, and if there is any, it must be reusable. We have to accelerate our effort to mitigate the effects of the climate crisis,\u201d he said.<\/p>\n
During the the forum discussion on \u201cA New Era of Accelerated Actions,\u201d GCNT members, including C.P. Group, announced a collective commitment to prevent and mitigate problems caused by climate change. The member companies would redouble their commitment to determine solutions and tackle the crisis. This will be accomplished by acknowledging the climate emergency, measuring and publicising greenhouse gas (GHG) emission in one\u2019s business, taking action to reduce GHG emission, and becoming a GHG net zero organisation by 2050, or no later than 2070. <\/p>\n
C.P. Group has previously set a target to become a net zero organization, covering direct Scope 1 and indirection Scope 2 emissions by 2030, and extending the net zero ambition to cover value chain (Scope 3) emissions by 2050.<\/p>\n