PTT Group: PTT – Siam Piwat join forces to lead businesses towards social and environmental sustainability goals

Recently – PTT, a national energy company that operates integrated energy and petrochemical businesses Ready to promote the development of future energy innovations for the good quality of life of Thai people and Siam Piwat Group. Leading real estate developer and retail business led by Siam Piwat, owner and executive of Siam Paragon, Siam Center . Siam Discovery One of the owners of ICONSIAM and Siam Premium Outlets Bangkok signed a Memorandum of Understanding ( MoU ) to promote sustainable development in Thailand. This is the first time that the synergy of two leading national organizations has come together. to jointly conduct business towards the Sustainable Development Goals with Dr. Buranin Rattanasombat, Chief Operating Officer, New Business and Infrastructure , PTT Public Company Limited and Mrs. Mayuree Chaipromprasit President Corporate Relations and Communications Division, Siam Piwat Co., Ltd. , signed a cooperation agreement covering 3 areas of operation, namely 1) renewable energy management leading to Net Zero through cooperation with ReAcc Co., Ltd. (ReAcc). which is a company in the PTT Group; 2) Garbage and Waste Management; and 3) Sustainable Development Projects in the future. Reinforcing the vision and business goals for sustainability Encourage the business sector in Thailand to operate in parallel with social and environmental considerations.

Dr. Buranin Rattanasombat, Chief Operating Officer, New Business and Infrastructure Group, PTT Public Company Limited , said that this collaboration with Siam Piwat It is considered an important step for PTT in promoting the Thai business sector. to turn to electricity from renewable energy sources in the country more Leading to the use of energy that emits zero carbon (Net Zero Carbon) , increasing the country’s sustainable energy innovation development potential to the world stage in the future. This is in line with the vision of the organization that aims to support the approach to push Thailand towards a low-carbon society. Ready to promote business operations to create truly sustainable growth. There is a pilot project on renewable energy management to lead to the Net Zero goal at Siam Discovery. The Exploratorium Shopping centers in the Siam Piwat Group to be a model for business operations that use the concept of sustainability By using electricity from 100% renewable energy through the purchase of renewable energy certificates (RECs) from ReAcc , which is a trading agent for clean energy and carbon neutrality for companies that want to supply renewable energy to access such electric power sources more conveniently this cooperation In addition to showing the intention of both organizations to strive to use green energy that is environmentally friendly. It also helps reduce greenhouse gas emissions ( Greenhouse Gas).that cause global warming problems It also supports clean energy power producers in Thailand to generate additional income from renewable energy in the form of RECs .

Mrs. Mayuree Chaipromprasit President Corporate Relations and Communications Division, Siam Piwat Co., Ltd., said that Siam Piwat creates sustainability through every process and every business it operates (Sustainable Value In Process) to create mutual growth in all sectors, both with stakeholders. People, Environment, and Economy, the synergy of Siam Piwat’s strength As a developer of a shopping center that is the center of people’s lives with creativity. And using Siam Discovery, a shopping center that operates a co -creation business, pioneering the concept that focuses on the environment By partnering with ReAcc , a company in the PTT group, a service provider clean energy trading This will enable us to develop business models with sustainability concepts. Help restore and pass on a livable world to the next generation. and become closer to people’s daily lives more easily . Promote circular economy principles such as ” Siam Piwat 360 ° Waste Journey to Zero Waste” that takes into account the complete waste management. from upstream to downstream By joining forces with various alliance networks, opening the Recycle Collection Center , the first Drive-Thru waste collection point in Thailand at Siam Paragon, including adding value by collaborating with 12 top crees. operator and small entrepreneurs Develop eco- friendly products under the brand ” ECOTOPIA”which is a model store that sells eco-friendly products In addition, the promotion of clean energy by ICONSIAM has brought a solar rooftop innovation to install solar energy, which is clean energy to replace the use of electricity, while Siam Premium Outlet Bangkok Currently developing and installing solar rooftops on over 20,000 square meters of horizontal roof space, these are part of the organization’s goal to reduce carbon emissions and contribute to a Low Carbon Society for our world

In addition, PTT and Siam Piwat plan to conduct a feasibility study on expanding cooperation to develop energy-saving buildings (Smart Building) , installation of charging stations for electric vehicles (EV Charging Station) and installation. solar panel Regarding waste and waste management, Siam Piwat is the first retail real estate business model to promote circular economy principles. “Zero Waste Organization” and 360 – degree waste management. There is also an extension of cooperation with PTT Group companies through PTT Global Chemical Public Company Limited ( GC) for a continuous year.5 By bringing a variety of used plastics such as drinking bottles, plastic boxes or materials, plastic glasses, bottle caps, CDs and plastic cutlery. Let’s create a Christmas tree to save the world. Exhibited during the Christmas and New Year festivals. Between 24 Nov. 22 – 8 Jan. 23 at Discovery Plaza, Siam Discovery Shopping Center Along with looking for and co-developing projects that will extend from waste management within ONESIAM , creating value for more tangible value in the future by using the ECOTOPIA area in Siam Discovery as a point to increase opportunities and alternatives. Connecting young entrepreneurs with consumers This will create a dimension of environmental sustainability to occur continuously.