Preparation of Accounting Document for Target Validation of Organization Greenhouse Gas, According to the SBTi (Science Based Target initiative), Thong Thai Textile Co., Ltd.
Client: Thong Thai Textile Co., Ltd. TEAM Consulting Engineering and Management PCL. or TEAM GROUP is entrusted by Thong Thai Textile Co., Ltd., to prepare the accounting document for target validation of organization greenhouse gas, according to the SBTi (Science Based Target initiative). The services include the scope 1, 2 and 3 which involve the consultancy of stakeholder analysis, supply chain analysis, and indication of greenhouse gas release hot spot of the organization. The project intends to support the target validation of the SBTi (Science Based Target initiative) which is the Company’s commitment. After the service of TEAMG, Thong Thai Textile Group was confirmed of the target approval of SBTi, which complies with the criteria version 5.2. The Company was certified on 13 August 2024. Thong Thai Textile Co., Ltd., with a support to achieve the accomplishment from TEAMG, can successfully set the target to reduce the greenhouse gas that complies with the international standard. It is considered another significant process to the sustainability and environmental impact reduction of the textile business in Thailand.
Consultancy Service for Development of the Thailand’s GHG Inventory Platform, Fiscal Year 2024
Client: Department of Climate Change and Environment (DCCE), Ministry of Natural Resource and Environment Department of Climate Change and Environment (DCCE), Ministry of Natural Resource and Environment, entrusted TLT Consultants Co., Ltd. to be the consultant company for Development of the Thailand’s GHG Inventory Platform for 5 relevant sources of GHG emission includes energy and transportation sectors, industrial process and product utilization sectors, waste sector, agricultural sector and forest and land utilization sectors. The project aims to 1) to prepare the equipment and platform development of storing, exchanging, connecting and providing services of the greenhouse gas information in the digital platform, and 2) to be the open source service of the climate and environment change for the greenhouse gas reduction operation of Thailand. TLT Consultants Co., Ltd. (a subsidiaries of the Company) is the lead in the project management. The tasks include the general project management, and the analysis of the relevant information which includes the strategy, the measurement and policy of the greenhouse gas in the national and international levels. Our tasks also include the preparation of the greenhouse gas inventory which is based on the standard of Intergovernmental Panel on Climate Change (IPCC) and the standard of Global Protocol for Community-Scale Greenhouse Gas Emission Inventories (GPC) and the preparation of the activity data form to collect the greenhouse gas information, etc. The project duration is 9 months with the contract amount of 20,424,000 Baht (twenty million four hundred twenty-four thousand Baht).