A new Climate Change Act expected to introduce mandatory emissions reporting and reshape the nation’s business landscape will further accelerate Thai companies’ push to decarbonise and stay globally competitive, says UOB Thailand sustainability chief Chow Wong Yuen.
Some companies have been gaming their climate targets to attract investment, with most struggling to cut "impossible" supply chain emissions, the United Nations Global Compact Network Thailand executive director said at an event in Singapore last week.
Once an early mover on ISSB adoption, the city-state has pushed back disclosures for smaller listed firms by up to five years. Regulators cite economic uncertainty, but market watchers warn the move could spur easing of rules regionally.
A year-long government “sandbox” study identifies recurring conflicts in solar, aquaculture-solar, micro-hydropower and geothermal projects, prompting policy reforms …