Retail developer Siam Piwat Group has pledged to target net-zero greenhouse gas emissions by 2050, starting with a commitment to using 100 per cent renewable energy by 2030.
Siam Piwat – the owner and operator of Siam Paragon, Siam Center, and Siam Discovery and a joint venture partner of IconSiam and Siam Premium Outlets Bangkok – says it wants to “lead the charge” in developing a smart ecosystem across its properties.
As part of its net-zero journey, the company will sign a memorandum of understanding with world-class companies on sustainability by early next year as it works to reinforce its leadership in world-class sustainable destination development.
“Siam Piwat has long been recognised by various world-class brands for centring its business on sustainable concepts and practices,” said Naratipe Ruttapradid, COO of Siam Piwat Co. “Guided by the vision to benefit society at large and elevate the quality of life for all, we strive to use our business as a platform of opportunities, for developing individual capabilities and to ensure that all parties involved grow and succeed with us. We also prioritise environmental conservation everywhere we operate and promote resource efficiency and reutilisation.”
