Bangchak Executive Highlights Carbon Competitiveness and Green Transition Strategies at Bangkok Bank Seminar

Mrs. Gloyta Nathalang, Senior Executive Vice President of Sustainability Management and Corporate Communications at Bangchak Corporation Public Company Limited, was a featured panelist at “The Great Green Transition” seminar, organized by Bangkok Bank Public Company Limited.

The forum, designed to support businesses in their transition toward a low-carbon economy, attracted nearly 600 participants. The event was officially opened by Mr. Chartsiri Sophonpanich, President of Bangkok Bank Public Company Limited, at the Siam Kempinski Hotel, Bangkok.

Industry Leaders Discuss Business Adaptation for Green Transition

During the panel discussion “The Great Green Transition: How Must Businesses Adapt?”, Mrs. Gloyta joined industry experts Mr. Peerapong Krinchai, Head of Corporate Engineering at Charoen Pokphand Foods Public Company Limited, and Mr. Mongkhon Tangsiriwit, Cluster President of Schneider Electric Thailand. The session was moderated by Dr. Kobsak Pootrakool, Director, Senior Executive Vice President, and Corporate Secretary of Bangkok Bank.

Mrs. Gloyta emphasized that climate change is no longer a distant concern but a fundamental challenge that businesses must address strategically. She underscored the importance of carbon footprint management, describing it as a critical indicator of competitiveness for Thai businesses in the global market. Companies that can systematically track and manage their greenhouse gas emissions will be better positioned to develop effective carbon reduction strategies. These measures will not only enhance cost efficiency but also help businesses meet international regulatory requirements, including trade-related policies such as the Carbon Border Adjustment Mechanism (CBAM).

Bangchak’s Commitment to a Balanced and Sustainable Green Economy

Bangchak Group’s operational approach is guided by the Sufficiency Economy Philosophy of His Majesty King Rama IX, which emphasizes sustainability, resilience, and long-term stability. As part of its commitment to the global energy transition, the company continues to invest in a diversified portfolio of businesses, focusing on green innovation and sustainable solutions that accelerate the development of a low-carbon economy.

Mrs. Gloyta highlighted that while the transition to sustainable business practices presents challenges, it also offers opportunities to strengthen trust among stakeholders and build long-term business resilience. She called for collective action, urging collaboration across sectors to facilitate meaningful progress in green initiatives.

Carbon Markets Club Showcases Tools for Carbon Reduction and Trading

In addition to the discussions, the event featured an exhibition by the Carbon Markets Club (CMC), Thailand’s first private-sector-led carbon trading network established by Bangchak, BCPG, and its partners. The exhibition provided insights into various services and digital tools designed to support businesses and individuals in their carbon reduction efforts.

Key highlights of the exhibition included:

• The Carbon Footprint for Organizations (CFO) tool, which helps businesses track and manage their emissions.
• The MyCF mobile application, designed to assist individuals in monitoring their personal carbon footprint.
• A digital trading platform, enabling transparent and reliable carbon credit transactions.

As businesses navigate the shift toward sustainability, the seminar emphasized the importance of adopting green technologies, complying with international environmental regulations, and leveraging carbon markets to drive measurable progress. Industry leaders reinforced that companies must act swiftly to remain competitive in the evolving economic landscape, where sustainability is becoming a key determinant of business success.