NET ZERO, WITH INTEGRITY

NET ZERO, WITH INTEGRITY

On 25 March 25 2024, representatives from EABC attended the “NET ZERO, WITH INTEGRITY” seminar organized by the Thai-Finnish Chamber of Commerce and JFCCT at the Pacific City Club. EABC was a Supporter. The event was held in collaboration with the Finnish Embassy in Thailand, featured a keynote address by Mr. Ville Tavio, Minister for Foreign Trade and Development, who highlighted Finland’s climate journey and commitment to net zero goals, emphasizing international collaboration and opportunities in Southeast Asia.

The seminar underscored the imperative of integrity in the journey to a Net Zero state, emphasizing the importance of consistency in measurement and reporting to combat greenwashing practices and otherwise to promote confidence and ensure investments are challenged to the right outcomes.

Mr. Bob Fox, EABC Board Director and Chair of the Digital Economy/ICT Working Group (and Head of JFCCT’s Climate Group), curated and moderated the event (with some questions via Pigeonhole), providing an overview of the concept of Net Zero with Integrity and its bases.

The seminar also featured insights from four other distinguished speakers:

  • Mr. Thachatat Kuvarakul from The Creagy, who discussed Thailand’s engagement on climate and the journey to Net Zero, including the Climate Change draft law.
  • Dr. Wanwipa Siriwatwechakul from Vectors Capital, who shared insights on climate-focused investments.
  • Mr. Petri Paukkunen from Valmet Co, who explored strategies for building a sustainable future through real and effective CO2 emissions reduction.
  • Mr Natthaphong, Tantichattanon from KPMG, who discussed measurement, accounting and standards towards building investor confidence.

The event provided a cogent message about the need for integrity in the journey to Net Zero (which all speakers agreed was possible, with focus and intelligent effort), of achieving consensus on standards for measurement and reporting.