{"id":111504,"date":"2023-09-21T05:08:00","date_gmt":"2023-09-20T22:08:00","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=111504"},"modified":"2023-09-21T09:14:55","modified_gmt":"2023-09-21T02:14:55","slug":"tcp-group-hosts-a-sustainability-forum-joining-forces-to-drive-concrete-actions-towards-a-net-zero-transition","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/tcp-group-hosts-a-sustainability-forum-joining-forces-to-drive-concrete-actions-towards-a-net-zero-transition\/","title":{"rendered":"TCP Group hosts a Sustainability Forum joining forces to drive concrete actions towards a Net Zero transition"},"content":{"rendered":"\n

TCP Group is hosting a sustainability forum aimed at promoting collaborations within the food and beverage sector, under the concept of “Net Zero Transition…From Commitment to Action.” The forum seeks to energize the food and beverage sector, encouraging discussions and the sharing of concrete approaches to accelerate actions that support Thailand’s transition to Net Zero and a better world for all.<\/p>\n\n\n\n

Thailand is currently ranked ninth out of 180 countries globally for its high risk exposure to climate change.1<\/sup> A range of sectors, including industry, tourism, agriculture, and other economic activities, are therefore at risk. Additionally, new global trade regulations related to climate change will present a challenge to businesses as they transition from voluntary actions to formal collective agreements.<\/p>\n\n\n\n

The World Bank\u2019s latest report (2022) recommends Thailand transition to a circular economy, which can potentially result in 1.2% GDP growth from the base year or growth of 0.1-0.2% annually by 2030 which can create roughly 160,000 new jobs.<\/p>\n\n\n\n

“The key question of the TCP Sustainability Forum this year is how Thailand will transition to Net Zero and effectively tackle climate change problems in the future,” said Saravoot Yoovidhya, <\/strong>Chief Executive Officer of TCP Group, explaining the origins and objectives of the forum.<\/p>\n\n\n\n

Promoting the power of collaboration in the food and beverage sector<\/h3>\n\n\n\n

The theme of the TCP Sustainability Forum 2023 is centered on “Net Zero Transition… From Commitment to Action,” underscoring the importance of tangible actions by all stakeholders, including business leaders, thought leaders, and practitioners. These participants will engage in brainstorming and information sharing sessions, and exchange best practices, contributing to the development of innovations, strategies, and business plans for a successful transition.<\/p>\n\n\n\n

Dr. Veerathai Santiprabhob<\/strong>, Chairman of the Executive Committee of Mae Fah Luang Foundation under Royal Patronage said, “Today, conducting business with a focus on sustainability should not be viewed as the old CSR we are used to. Sustainability is a business strategy. We should adapt our business models to stay ahead of society’s challenges and expectations, not to exploit society and create problems for future generations. Businesses that effectively implement sustainability will see new business opportunities, thereby enhancing their competitive edge over their competitors or creating a \u2018win-win\u2019 for both business and society. Conversely, businesses that do not take sustainability seriously will be exposed to numerous risks such as strategic, regulatory, and operational challenges.”<\/p>\n\n\n\n

TCP Group is ready to embark on the path to Net Zero together<\/h3>\n\n\n\n

\u201cFor TCP Group, our challenge is not only the transition to Net Zero, but unifying all sectors to transform our commitments into \u2018actions\u2019 to bring about tangible change. And \u2018speed\u2019 is of the essence. We must now clarify the route to Net Zero, ensuring its alignment with Thailand\u2019s goal of achieving Net Zero by 2065,\u201d said Saravoot. <\/strong><\/p>\n\n\n\n

He added that, \u201cTCP Group envisions transitioning to Net Zero as a business. This requires changing both our mindset and approach to doing business \u2018to be a better version of ourselves.\u2019 We are not competing against others, but instead trying to find common ground between what needs to change and the direction we aim to take. The challenge lies in growing our business while minimizing negative impacts and increasing positive contributions to the environment and society, all under our purpose of \u2018Energizing a Better World for All.\u2019 This will involve supporting sub-goals and plans, as well as continuous performance evaluations, and ongoing adjustments in our transition.\u201d<\/p>\n\n\n\n

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TCP Group continues to \u201cEnergize a Better World for All\u201d by focusing on Caring, one of the company\u2019s key strategies, with the following clear targets:<\/p>\n\n\n\n