Siam Piwat commits to use 100% renewable energy by 2023
What: Siam Piwat takes bold commitments in terms of clean energy and, more generally speaking, Scope 3 objectives.
Why it is important: While sustainability is not yet a selling point in Thailand, every local player is taking position in order to be perceived as the first entrant on this value proposal.
Retail developer Siam Piwat Group commits to net-zero greenhouse gas emissions by 2050 and plans to use 100% renewable energy by 2030. They oversee significant properties in Thailand, like Siam Paragon and IconSiam. Their sustainability drive includes forming partnerships for clean energy projects and launching the Siam Piwat 360° Waste Journey to Zero Waste initiative. They intend to transform Bangkok's Pathumwan area into a model smart eco-district. The company has integrated energy-efficient systems, installed rooftop solar panels at major outlets, and introduced electric vehicle charging stations. They also focus on waste management, aiming to divert half of their waste from landfills by 2030. With assistance from experts and collaborations, they aim to position Pathumwan as a top shopping destination while promoting sustainability. Siam Piwat's ultimate goal is to champion sustainability for Thailand's better future.
