TVO and BIG Join Forces on Carbon Reduction and Sustainable Energy Management
17 October 2024Thai Vegetable Oil Public Company Limited or TVO and, BIG, a leader in industrial gas innovation and climate technologies, have jointly announced a successful collaboration in implementing a Carbon Management Platform. This platform is designed to calculate TVO's greenhouse gas emissions and has been utilized for the verification and certification of the Carbon Footprint for Organizations (CFO) by the Thailand Greenhouse Gas Management Organization (Public Organization), or TGO. TVO is proud to be the first company to receive the CFO from the TGO through the use of this platform. By leveraging this strategic partnership and the use of the platform, TVO aims to significantly reduce its energy consumption and greenhouse gas emissions, advancing toward its ambitious goal of achieving carbon neutrality by 2045.
A Significant Step Towards Carbon Neutrality
The adoption of BIG's Carbon Management Platform marks a crucial step in TVO's sustainability journey. This platform provides accurate monitoring and management of greenhouse gas emissions, significantly reducing the time and errors associated with data collection and analysis. Moreover, TVO is the first organization in Thailand to have successfully utilized the Carbon Management Platform and subsequently achieved verification and certification of its Carbon Footprint Organization (CFO) by the Thai Greenhouse Gas Management Organization (TGO). All data is systematically stored and can be accessed in real-time, enabling efficient energy management. TVO worked closely with BIG during the development of the platform, providing valuable feedback and insights to ensure it met the specific standards and requirements for greenhouse gas (GHG) emissions management. This collaborative effort between TVO and BIG has ensured that the platform not only complies with industry standards but is also tailored to TVO’s operational needs. As a result of this strong partnership, TVO became the first customer to pass the audit and receive carbon footprint certification from the TGO. With this platform, TVO is now strategically positioned to plan and reduce its greenhouse gas emissions, aiming for a 20% reduction by 2035, carbon neutrality by 2045, and net-zero emissions by 2060.
TVO Public Company Limited Strives for Sustainable Production
Mr. Pachai Chanpitaksa, Chief Executive Officer of Thai Vegetable Oil Public Company Limited said, “TVO acknowledges the profound impact of climate change, which has far-reaching effects across all sectors. In response, the Company is committed to mitigating these effects through the application of advanced technology and innovation, with a focus on developing environmentally friendly production processes and reducing greenhouse gas emissions. This strategy includes improving energy efficiency and continuously increasing the proportion of renewable energy, which now constitutes up to 85% of TVO's total energy usage. The adoption of BIG's Carbon Management Platform represents a significant step forward in our efforts to manage energy sustainably and effectively reduce carbon emissions, reinforcing our commitment to achieving carbon neutrality by 2045 and net-zero emissions by 2060.
BIG Drives Towards a Low-Carbon Society
Mr. Piyabut Charuphen, Managing Director of BIG, stated, "BIG is committed to leading innovation for Climate Tech and driving energy transition for Thai's industries. As a member of the Air Products group, a global leader in sustainable contribution, BIG recognizes the importance of sustainable energy use. We have developed the Carbon Management Platform to manage, monitor, and analyze carbon emissions, and we continue to apply it in collaboration with various industries. By utilizing BIG's Carbon Management Platform, businesses can develop plans to reduce carbon emissions and achieve customers’ Net Zero goals. Additionally, the platform can be used to identify carbon sources for calculating organizational carbon footprints, thereby enhancing energy management in various industries. With our expertise, BIG is committed to supporting Thai industries in achieving their Net Zero targets and reinforcing our commitment to creating a cleaner future through our 'Generating a Cleaner Future' strategy."
About BIG
BIG, a Climate Tech Company, is a leader in industrial gas innovation and climate technologies. The company operates as a member of the Air Products group, a New York Stock Exchange (NYSE) listed company, and a US Fortune 500 company that has consistently ranked in the Dow Jones Sustainability Index (DJSI) as a global sustainability leader for 13 consecutive years. BIG's unwavering dedication extends to providing top-tier industrial gas products, cutting-edge innovations, and gas utilization technologies to diverse industries. Moreover, BIG leads as the largest investor in large-scale Green Hydrogen and Green Ammonia projects, including carbon storage technology, propelling the energy transition towards a Net Zero goal by 2050. For more information, visit www.bigth.com or www.airproducts.com
