BANGKOK, The Stock Exchange of Thailand (SET) teams up with
the Ministry of Foreign Affairs and capital market partners – Bangchak Group,
SCG, and PTT Oil and Retail Business pcl (OR) – to promote “Care the Bear”
project at APEC Economic Leaders’ Week Media Center, in their collaborative
efforts to achieve low carbon society and make the media center carbon neutral.
The initiative reinforces SET’s position at the forefront of stock exchange
focusing on balanced and sustainable growth. Under the project designed to
combat global warming, SET’s six Cares practices will be implemented with the
“Green Media Center”, touted as a model for environmental management, optimized
resource and energy utilization as well as integrated and concrete waste
For partners, they will bring their expertise and experiences in working
together to offer end-to-end management to turn the media center to a truly
carbon-neutral area. Bangchak Group will estimate carbon emissions at the media
center and balance by seeking carbon offsets equal to amount of emissions from
domestic projects through Carbon Markets Club. SCG provides innovative recycled
paper solution for decoration such as backdrop and recycling bins, and, after
the event, recycles paper waste to bookshelves for the efficient use of
resources in line with circular economy practices; while OR will recycle and
upcycle plastic waste to new materials to highlight APEC’s concept of BCG
The Green Media Center at LG Floor, Queen Sirikit National Convention Center
(QSNCC) will welcome more than 3,000 media members from across the world to APEC
Economic Leaders’ Week meeting during November 14-19, 2022.
Director-General of the Department of Information and Spokesperson of the
Ministry of Foreign Affairs Tanee Sangrat said that in hosting APEC 2022,
Thailand aims to promote sustainable and balanced growth through socially and
environmentally-responsible business operations that underline the
Bio-Circular-Green Economy Model (BCG). In this regard, the “Green Media Center”
will reflect Thailand’s capability in concretely driving sustainability,
particularly in the environmental dimension. Booths and exhibitions are
completed with recyclable materials for maximized resource utilization; and
integrated waste management is planned along with measures to track and reduce
greenhouse gas emissions.
SET President Pakorn Peetathawatchai said that the exchange as APEC 2022’s
Official Communication Partner sets up a booth to present the Thai capital
market’s potential and its role in fostering balanced and sustainable growth.
SET also joins hands with the Department of Information and partners in
implementing the “Care the Bear” Project, a part of the Climate Care
Collaboration Platform, with the “Green Media Center” that encompasses the
22,000-sqm exhibition area on LG Floor.
SET encourages exhibitors and the event attendees to understand and apply the
six Cares practices involving use of public transport or carpooling, cutting
back on paper or plastic, zero use of foam, energy efficiency, application of
recyclable decorative materials and food waste reduction. Such practices are
aimed to save energy and resources associated with activities in the media
center, reduce impacts on the environment and greenhouse gas emissions. Results
of the six Cares practices will be calculated to show how much the event’s
emissions are reduced.
“SET has developed the Climate Care Collaboration Platform. By implementing the
“Care the Bear” Project at APEC 2022 in collaboration with the Ministry of
Foreign Affairs’ Department of Information and our partners, we aim to show the
world Thailand’s concrete and measurable actions in sustainable environmental
management. This will be a model that leads to new environmental management
standards for organizations and drives us towards low carbon society in the
future,” Pakorn said.
Organizations interested in reducing the greenhouse gas emissions of their
events can visit www.carethebear.com for more information.
Source: The Stock Exchange of Thailand