Green Transition Opens New Business Opportunities. Bangchak Fosters Collaboration and Understanding toward a Sustainable Low-Carbon Economy

Mrs. Gloyta Nathalang, Senior Executive Vice President, Sustainability Management and Corporate Communications, Bangchak Corporation Public Company Limited, was invited as a panelist at the seminar “The Great Green Transition,” organized by Bangkok Bank Public Company Limited. The forum aimed to promote and support the business sector in building capacity to transition toward green business and a low-carbon economy in response to climate change, while also seizing opportunities in the new economic era. The event was attended by nearly 600 participants and was opened by Mr. Chartsiri Sophonpanich, President of Bangkok Bank Public Company Limited, at the Siam Kempinski Hotel, Bangkok.

During the panel discussion on “The Great Green Transition: How Must Businesses Adapt?”, Mrs. Gloyta shared her insights alongside 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 Public Company Limited.

She emphasized that climate change is not merely a crisis for businesses but a new and pressing challenge that every organization must understand in depth and address with clarity. She underscored the importance of carbon footprint as a key indicator of competitiveness for Thai businesses on the global stage. Organizations that can systematically measure and understand their greenhouse gas emissions will be better equipped to formulate effective carbon reduction strategies. This capability will enable a transition to a low-carbon supply chain; addressing cost efficiency, meeting customer expectations, and complying with international regulations, including trade measures such as the Carbon Border Adjustment Mechanism (CBAM).

Bangchak Group’s business operations emphasize a balanced approach across multiple dimensions, guided by the Sufficiency Economy Philosophy of His Majesty King Rama IX. This philosophy serves as a core principle in organizational management, fostering stable and sustainable growth. In response to the global energy transition, the Group is actively adapting by investing in a diverse portfolio of businesses and leveraging green innovations to accelerate the development of a low-carbon economy.

“The challenge of transitioning to a green business presents an opportunity to build trust and confidence while paving the way toward a sustainable future. Achieving this requires collaboration from all sectors,” Mrs. Gloyta concluded on stage.

The event also featured an exhibition by the Carbon Markets Club (CMC), Thailand’s first private-sector-led network established by Bangchak, BCPG, and partners, to promote carbon credit trading and encourage practical participation in greenhouse gas reduction. The exhibition highlighted a range of services and tools offered by CMC free of charge to its members, including the Carbon Footprint for Organizations (CFO) tool, the MyCF mobile application for individuals, and a digital platform that enables transparent and reliable carbon credit transactions.