>>>BIG and TVO Join Forces on Carbon Reduction and Sustainable Energy Management

BIG and TVO Join Forces on Carbon Reduction and Sustainable Energy Management

2024-10-15T16:02:18+07:00

BIG, a leader in industrial gas innovation and climate technologies, and Thai Vegetable Oil Public Company Limited or TVO, a leading producer of cooking oil under the Angoon brand, have jointly announced a successful collaboration in implementing a Carbon Management Platform. This platform is designed to calculate TVO’s greenhouse gas emissions and has been verified and certified by Thailand Greenhouse Gas Management Organization (Public Organization) or TGO. By leveraging this platform, TVO can significantly reduce its energy consumption and greenhouse gas emissions, bringing it closer to its goal of achieving carbon neutrality by 2045.

A Significant Step Towards Carbon Neutrality

The adoption of BIG’s Carbon Management Platform marks a crucial step for TVO in achieving its sustainability goals. This platform enables more accurate monitoring and management of greenhouse gas emissions, reducing the time and errors associated with data collection and analysis. As the first customer of this platform to receive carbon footprint certification from the TGO, TVO’s data is securely stored and accessible in real-time. This data is then used to optimize energy management, and TVO has actively contributed to the development of the platform to ensure it aligns with their specific needs.

With this platform, TVO can strategically plan to reduce its greenhouse gas emissions, aiming for a 20% reduction by 2035, carbon neutrality by 2045, and net-zero emissions by 2060.

BIG Drives Towards a Low-Carbon Society

Mr. Piyabut Charuphen, Managing Director of BIG, stated, “BIG is committed to leading innovation for Climate Tech and driving energy transition for Thai’s industries. As a member of the Air Products group, a global leader in sustainable contribution, BIG recognizes the importance of sustainable energy use. We have developed the Carbon Management Platform to manage, monitor, and analyze carbon emissions, and we continue to apply it in collaboration with various industries. By utilizing BIG’s Carbon Management Platform, businesses can develop plans to reduce carbon emissions and achieve customers’ Net Zero goals. Additionally, the platform can be used to identify carbon sources for calculating organizational carbon footprints, thereby enhancing energy management in various industries. With our expertise, BIG is committed to supporting Thai industries in achieving their Net Zero targets and reinforcing our commitment to creating a cleaner future through our ‘Generating a Cleaner Future’ strategy.”

TVO Public Company Limited Strives for Sustainable Production

Mr. Pachai Chanpitaksa, Chief Executive Officer of Thai Vegetable Oil Public Company Limited said, “TVO recognizes the significant impact of climate change and is committed to reducing its environmental footprint. By adopting technology and innovation, we aim to make our production processes more environmentally friendly and reduce greenhouse gas emissions. For example, we have increased our use of renewable energy, which now accounts for 85% of our total energy consumption. The adoption of BIG’s Carbon Management Platform is a significant step towards achieving our goal of carbon neutrality by 2045 and net-zero emissions by 2060.”

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About BIG

BIG, a Climate Tech Company, is a leader in industrial gas innovation and climate technologies. The company operates as a member of Air Products group, a New York Stock Exchange (NYSE) listed company, and a US Fortune 500 company that has consistently ranked in the Dow Jones Sustainability Index (DJSI) as a global sustainability leader for 13 consecutive years. BIG’s unwavering dedication extends to providing top-tier industrial gas products, cutting-edge innovations, and gas utilization technologies to diverse industries. Moreover, BIG leads as the largest investor in large-scale Green Hydrogen and Green Ammonia projects, including carbon storage technology, propelling the energy transition towards a Net Zero goal by 2050. For more information, visit www.bigth.com or www.airproducts.com

About Thai Vegetable Oil Public Company Limited (TVO)

Thai Vegetable Oil Public Company Limited (TVO) was listed on the Stock Exchange of Thailand on November 14, 1990. As a leading producer and distributor of “Angoon” brand soybean oil and animal feed ingredients such as soybean meal, full-fat soy, dehulled soy, and lecithin, TVO is committed to sustainable growth.

TVO is dedicated to delivering a high quality of life for consumers, employees, and communities while preserving the environment. Through the adoption of technology and innovation, TVO is committed to mitigating the impacts of climate change and operating under strong corporate governance principles. This aligns with our ESG principles and vision to “become a leading food business and maintain a strong leadership position in the vegetable oil and animal feed ingredients industries.”

For more information, please visit our website at https://www.tvothai.com/


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