Carbon Institute for Sustainability (CBiS) was honored to participate in Future Energy Asia (FEA) exhibition and summit, which is the region's premier energy event aiming to connect various sectors for driving the goal of reducing greenhouse gas emissions to net zero on May 17-19, 2023 at Queen Sirikit National Convention Center.
CBiS had a panel discussion in the Strategic Summit Program under the topic
"Formation of Carbon Institute for Sustainability (CBiS)" which Prof. Dr.Pisut Painmanakul, , Secretary to Minister of Energy and Director of CBiS, emphasized the significance of developing low-carbon businesses and provided guidelines for their establishment. The institutional support in facilitating such operations was highlighted.Mr.Pinit Pholphirul, Secretary General of Aroon Sorathesn Foundation, along with network agencies, additionally discussed their collaborative efforts to foster knowledge and innovation in carbon footprint management, aligning with national policies. Dr. Karin Boonlertvanich,Executive Vice President of the Corporate Strategy and Innovation Division at Kasikorn Bank Public Company Limited, demonstrated the opportunities for accessing green finance within the business sector and emphasized the bank's cooperation with CBiS. Furthermore, Prof. Dr.Chanathip Pharino, Professor, Department of Environmental Engineering and Assistant President for Research Affairs, Chulalongkorn University, pointed up the vital role of academics and research in addressing climate change and promoting sustainability within the education sector. Their contributions were highlighted as essential in driving Thai society towards a low-carbon economy in the future.
In addition, CBiS has co-organized the SMEs Panel Discussion on the topic of "Decarbonization as a Growth Strategy for SMEs" moderated by Nattawin Chawaloesphonsiya from Faculty of Engineering, Chulalongkorn university at Room 208, Queen Sirikit National Convention Center. In the event, there were discussions on two sub-topics as followed:
Topic 1: Accelerating the Transition to a Low-Carbon Economy. CBiS received recognition from esteemed panelists, including: Dr.Ornsaran Manuamorn, Technical Consultant, Climate Bonds Initiatives (CBI) Mr.Warit Rattanachuen, Assistant Governor- Research, Innovation and Business Development, The Electricity Generating Authority of Thailand (EGAT), andMr.Obboon Vongsuriya, First Vice President, Multi-Corporate Business Sector Head, Multi-Corporate Business Department Corporate Business Division, Kasikornbank PLC.
In the forum, Thailand's progress in the development of carbon taxonomy standards, which is an internationally recognized financial mechanism, plays an important role in promoting investment in businesses that are environmentally friendly as well as the readiness of the banking and finance sectors to support the adaptation of business organizations for reducing greenhouse gas emissions from various projects. However, the key to adjusting the business sector towards carbon neutrality is to raise awareness in society and management of relevant information systematically including data based on the Carbon Footprint of Organization (CFO), and forecast if data collection was systematically, accurately, and verifiable. Furthermore, the importance of adapting SMEs in the supply chain of large businesses and government projects was highlighted as a key in driving the country towards carbon neutrality, which require support in various aspects of both competitiveness and environmentally friendly.
Topic 2: Empowering SMEs for Decarbonization. CBiS received honor from esteemed panelists, including: Mr.Paphon Mangkhalathanakun, CEO, Perpetual Innovation Co. Ltd. and Co-CEO, PI Carbon Co. Ltd. Dr.Udomtipok Phaikaset, Vice President, The Federation of Thai SME. Mr.Prasert Thammanonkul, CEO and Managing Director, KEMREX Co., Ltd. Miss Jenjira Gulpanich, Professional Engineer, Department of Alternative Energy Development and Efficiency
In the discussion, various factors related to the adaptation and decarbonization of SMEs were discussed such as trade barriers, changes in customer needs, and funding to support projects that reduce greenhouse gas emissions. It can be summarized as an action guideline to achieve the adaptation of business, especially SMEs, including setting the ultimate goals that could shape the business’s direction and setting the appropriate standards for each target group as well as developing personnel capacity.