SCGP enhances its business through ESG strategies to drive sustainable organizational growth and prepare for global megatrends. SCGP highlights the certification of product carbon footprints (CFP), the development of a Private Declaration Label to indicate CFP levels on products, and the introduction of "Carbon Footprint Software" for rapid carbon emission calculations. These initiatives strengthen business by managing customers' Scope 3 greenhouse gas emissions, creating new business opportunities, and enhancing the competitiveness of Thailand's packaging industry. SCGP aims to achieve 100% CFP certification for products manufactured in Thailand by 2027.
Wichan Jitpukdee, Chief Executive Officer of SCG Packaging Public Company Limited, or SCGP, said that amidst rapid changes, including economic volatility, technological advancements, and climate change, SCGP has continuously transformed all aspects of its business while building resilience to ensure quality growth. SCGP is committed to developing employee skills to handle any situation, utilizing digital technology to enhance production efficiency, and delivering customer-centric solutions. Another key transformation that SCGP prioritizes is the "Sustainability Transformation," which drives business in line with sustainable development principles. This is achieved through the concept of Inclusive Green Growth, which emphasizes greater participation in environmental preservation and creates value for all stakeholders through socially and environmentally responsible business practices.
SCGP has set a target to achieve Net Zero greenhouse gas emissions by 2050. The Company has outlined plans to reduce greenhouse gases through various processes, including increasing the proportion of renewable energy used, improving production processes to enhance energy efficiency, and supporting partners and customers in reducing greenhouse gas emissions across the value chain to collectively mitigate the impacts of climate change.
SCGP also recognizes that its packaging production is considered part of Scope 3 for its customers, which relates to the emission of greenhouse gases. As a result, the Company has dedicated significant efforts and collaborated with the Thailand Greenhouse Gas Management Organization (Public Organization), or TGO, to develop methods and approaches for obtaining Carbon Footprint of Products (CFP) certification. The goal is to enhance the capability of reducing greenhouse gas emissions for its customers. Recently, SCGP successfully received CFP certification from TGO. This certification covers products manufactured in Thailand, including pulp, printing and writing paper, copy paper, packaging paper, foodservice packaging, and performance packaging?covering a total of 128 products. Additionally, SCGP has been certified for the carbon footprint of 16 processes involved in printing and forming paper packaging, encompassing all categories of paper packaging products.
Moreover, SCGP has developed a Private Declaration Label for product carbon footprints, issued by SCGP, to indicate the amount of greenhouse gas emissions associated with its packaging. The Company has also created accurate, easy-to-use, and fast "Carbon Footprint Software" for products, providing a solution for customers to align their businesses with environmental measures. This includes providing certification for the carbon footprint of products, which can be used as reference documentation. These measures align with the increasing environmental regulations being enforced in many countries, enhancing customers? sales opportunities and new market entry. Furthermore, this initiative paves the way for the development and selection of packaging that reduces greenhouse gas emissions, elevating the environmental standards of Thailand's packaging industry.
"SCGP continues to operate within the ESG framework, focusing on the development of environmentally friendly packaging and fostering collaboration with partners in the value chain to achieve Inclusive Green Growth. We also study and monitor situations to prepare for new regulations that will emerge in the future. We are ready to support and collaborate with customers in developing innovations and solutions that will concretely and sustainably reduce greenhouse gas emissions," said Wichan.