Siam Commercial Bank walk onSustainabilityto Thai society Starting with the bank’s internal operations along with providing sustainability to customers and partners in line with the Net Zero mission of operations within 2030, announcing a willingness to replace drinking water bottles for use in corporate activities with plastic 100% recycling or Over 1.3 million rPET bottles per year
It is the first bank in Thailand to use bottles made from recycled plastic pellets. which is certified with quality, safety and cleanliness standards by the Food and Drug Administration (FDA), standards by the US FDA, and has passed the European Food Safety Inspection (EFSA).
In collaboration with PTT Global Chemical Public Company Limited or GC, a leader in the chemicals business that continuously conducts business with the principles of sustainability. Aim to support cost-effective use of resources Prepare a plan to continue the collaboration with GC by collecting used plastic bottles and putting them into the plastic recycling process for new packaging bottles. Bringing used plastic waste to life and creating value in accordance with the principles of the circular economy. Ready to create a holistic, environmentally friendly future
First bank prototype using recycled plastic bottles “Siam Commercial Bank rPET”
Help reduce how much you use. Become part of a sustainable society
Siam Commercial Bank is aware of its role as an intermediary that will drive a sustainable society. With the aim of reaching Zero Net of the bank’s internal operations plan by 2030 and of lending and investing by 2050, although financial institutions are businesses with low carbon emissions. But the bank also emphasizes the importance of integrating environmentally friendly internal operating procedures.
This year, we have started an initiative to reduce the use of plastic in the organisation. By replacing drinking water bottles used for various bank activities with water bottles made from 100% recycled plastic, more than 1.3 million bottles per year, being the first bank to start using such bottles .
With concern for the cleanliness and safety of customers and users The bank has therefore chosen to use rPET (Recycled Polyethylene Terephthalate) drinking water bottles, which are plastic bottles produced from recycled plastic using standard European plastic recycling technology modern. From the high-quality plastic recycling plant ENVICCO, one of the GC Group certified with quality, cleanliness and safety standards by the Food and Drug Administration (FDA) and standards by the US rPET FDA.
It is considered environmentally friendly packaging. Reducing the problem of plastic waste, blocking waste routes to landfill sites. By recycling used plastic in Thailand into resources to be molded into new water bottles. It can reduce the use of natural resources Crude oil and natural gas reduce the use of energy. and reduce greenhouse gas emissions
Drinking water bottle”Commercial Bank of Siam rPET” The new look is designed under the concept of “Sustainable Flowers”, sustainability that blooms into the future. Presented in a colorful flower pattern, a total of 17 colors, representing 17 sustainable development goals. It also represents the bank’s intention to ensure sustainability for society and take care of the environment for the world.
Using rPET bottles can reduce the amount of landfill waste and waste reaching the ocean. Reduce pollution to the environment Reduce the use of natural resources and definitely promote the circular economy 1.3 million bottles of “Siam Commercial Bank rPET” drinking water bottles, 320 ml capacity.
This is an endless cycle of recycling plastic to produce new packaging bottles. Although it may seem like a small amount compared to water bottles in other industries, But reducing the volume of the 1.3 million new plastic bottles is equivalent to absorbing carbon dioxide from 2,200 trees in a year, and represents 60% in less greenhouse gas emissions than using plastic pellets to make traditional water bottles.
According to the plan to move towards Net Zero through operations within Siam Commercial Bank in 2030, replacing 1.3 million drinking water bottles with rPET bottles per year during 2024-2030 equates to a total volume of approximately 8 million rPET bottles . By absorbing carbon dioxide from up to 13,500 trees, it can mitigate the effects of global temperature changes in the long term.
Raise awareness among SCB employees to reduce the use of plastic. Reduce environmental impact
Apart from changing drinking water bottles to In addition to the “Siam Commercial Bank rPET Kindness,” the bank also has a project to raise awareness among employees while reducing the use of plastic bottles in their daily lives. By campaigning for the use of water bottles or personal packs that are durable and can be reused to create a cost-effective use of resources. Reduce plastic waste problems and reduce environmental impacts.
together in the future The bank has established a policy to expand the collection of used plastic bottles by collaborating with GC YOUTURN, a used plastic management platform. Bring plastic bottles into the system to increase the amount of recycling. and bring them back to create new benefits as much as possible according to the guidelines of the circular economy. In order to reduce the impact on the environment in a concrete way. Including reducing greenhouse gas emissions. Paving the way for the Net Zero goals of both organizations Join us to create a sustainable world.
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