Carbon Markets Club Marks Five Years of Climate Action Engagement Thailand’s First Greenhouse Gas Reduction Network Expands Youth Participation through Bangchak Group x University Gen Z-ESG

Carbon Markets Club (CMC), Thailand’s first greenhouse gas reduction network, marked its fifth anniversary with the launch of “Bangchak Group x University Gen Z-ESG,” a new initiative developed in partnership with the National Higher Education, Science, Research and Innovation Policy Council (NXPO) and nine leading universities across Thailand. The initiative aims to expand youth participation in sustainability and climate action while helping prepare the next generation for environmental challenges and the transition to a low-carbon economy. The event was attended by representatives of the CMC Founding Members, including Bangchak Corporation Public Company Limited, the Electricity Generating Authority of Thailand (EGAT), BCPG Public Company Limited, BBGI Public Company Limited, Charoen Pokphand Group, Kasikornbank Public Company Limited, Bank of Ayudhya Public Company Limited, Bangkok Industrial Gas Company Limited, and BTS Group Holdings Public Company Limited.

More than 200 guests including invited guests, representatives from government agencies, the private sector, educational institutions, and the media, attended the event at Bangchak’s headquarters at M Tower.

Mr. Chaiwat Kovavisarach, Group Chief Executive Officer and President of Bangchak Corporation Public Company Limited, said, “Climate change is a challenge that affects both society and business. If we do not address it collectively, its impact will continue to affect future generations. Bangchak Group has long recognized the importance of this issue and, together with partners from a wide range of sectors, established Carbon Markets Club in 2021 as a platform to promote knowledge, understanding, and participation in climate action.

On the occasion of CMC’s fifth anniversary, I would like to congratulate the team, members, and partner organizations whose contributions have helped transform CMC from a small initiative into a widely recognized carbon network. I would also like to thank organizations in Thailand and abroad, government agencies, academic institutions, experts, certification bodies, and financial institutions that have shared their knowledge, experience, and support throughout the years. Their contributions have enabled CMC to continue growing and creating tangible benefits for society.

I hope CMC will continue to serve as a key pillar in promoting knowledge, collaboration, and participation in addressing climate challenges and building a better future for generations to come, particularly young people who will play an important role in carrying forward our collective responsibility to care for the environment and society.

Mrs. Gloyta Nathalang, Senior Executive Vice President, Sustainability Management and Corporate Communications of Bangchak Corporation Public Company Limited and Chair of Carbon Markets Club, said, “Over the past five years, CMC has grown from a collaboration among 11 founding organizations into a network of more than 1,800 organizational and individual members. Throughout this journey, the Club has supported government efforts to develop carbon markets and advance Thailand’s transition to a low-carbon society by raising awareness of climate change, sharing knowledge through a wide range of communications and educational initiatives, connecting businesses, government agencies, educational institutions, and the public, developing tools that support carbon trading and carbon footprint assessment for both organizations and individuals, and promoting the use of carbon market mechanisms and renewable energy solutions.

CMC has also expanded its engagement at the regional level through the ASEAN Common Carbon Framework (ACCF), promoting private-sector collaboration on carbon markets across ASEAN, supporting the development of high-quality, high-integrity carbon markets, and enhancing connectivity and interoperability among carbon markets in the region.

While these efforts will continue, we believe that building a strong and resilient low-carbon ecosystem over the long term requires a new generation equipped with the knowledge, understanding, and readiness to address environmental challenges. This belief is the foundation of the Bangchak Group x University Gen Z-ESG initiative launched today. Building upon CMC’s ongoing mission, the initiative seeks to strengthen connections between academia and industry while helping prepare young people for the future.”

During the event, Bangchak Group, NXPO, and nine leading universities - Chulalongkorn University, Kasetsart University, Khon Kaen University, Chiang Mai University, Thammasat University, Walailak University, Mahidol University, Burapha University, and King Mongkut's University of Technology Ladkrabang (KMITL) - signed a Memorandum of Understanding under the Bangchak Group x University Gen Z-ESG initiative to support Thailand's sustainability and innovation agenda.

The initiative will offer a broad range of learning and development opportunities for students and university personnel. These include the CMC ESG Ecosystem and Knowledge Hub, which provides access to knowledge and resources on climate change, carbon standards, carbon management, and greenhouse gas reduction technologies; the CMC Brand Ambassador program, designed to cultivate sustainability communicators and advocates within universities; and the Young Entrepreneurs Program with Inthanin, which provides practical entrepreneurial experience through business model development and marketing strategy design.

Additional programs planned under the initiative include ESG Master Classes, sustainability and energy Hackathons, internship opportunities, and experiential learning through exposure to Bangchak Group’s business operations. Executives and specialists from across the Group will share expertise in ESG, carbon data management, Life Cycle Assessment (LCA), and the circular economy, helping participants develop the skills, knowledge, and practical experience needed to contribute to a more sustainable future.

The event also featured a Let’s Talk session entitled “ESG Risk, Carbon & the Next Gen Shift,” bringing together perspectives on ESG risks, climate change, opportunities arising from carbon markets, the integration of ESG into corporate strategy, and the role of young people in shaping future change. Speakers included representatives from Bangchak Group, Azolla Climate Co., Ltd., KPMG Phoomchai Audit Ltd., and Go Green Girls. The program also included a special presentation by Associate Professor Wongkot Wongsapai, Deputy Executive Director of NXPO, on accelerating climate innovation and strengthening connections among research institutions, industry, and sources of funding to support the development of a low-carbon society. The event also featured exhibitions and knowledge-sharing displays from participating organizations, including the Thailand Greenhouse Gas Management Organization (TGO), BSGF Company Limited, Thailand’s first producer of HEFA-SPK Sustainable Aviation Fuel (SAF), and the Bangchak Initiative and Innovation Center (BiiC). Participants were also invited to “Abate, Avoid, Act” through Netty, CMC’s leatherback sea turtle mascot. The campaign encourages individuals to abate greenhouse gas emissions, avoid unnecessary environmental impacts, and act today and every day to help build a more sustainable future.

As CMC enters its next chapter, membership remains open to both organizations and individuals at no cost. Those interested in joining a growing community committed to climate action, carbon markets, and sustainability are invited to learn more and apply for membership at www.carbonmarketsclub.com.