Page 26 - 2020 Sustainability report DOW Thailand Group

Towards a Sustainable Future

Carbon Neutrality: the world's most urgent mission

To achieve the ultimate goal of the Paris net greenhouse gas emissions to zero by 2060.
Agreement, UN Secretary-General Antonio Guterres, One of China's approaches to reducing GHG
in a statement in December 2020, underscored the is the transition from fossil fuels such as coal, oil,
urgent need of the international community to work and natural gas to renewable energy. This is because
together to achieve "Carbon Neutrality" by 2050. He the largest proportion of greenhouse gases emitted
requested all countries to implement the Net Zero into the atmosphere is from fossil fuel combustion
Greenhouse Gas Emissions plan. In addition, every activities.
five years, each country must propose an intense NDC The transition to clean energy such as
plan to show genuine determination and effort to take renewable energy is a sustainable way to reduce global
action to achieve carbon neutrality by the middle of warming. Many European countries, such as Norway,
this century. are moving towards the development goal on this path.
It is encouraging that different countries, It plans to use 100% renewable energy for heating,
especially economically important countries that emit electricity generation, and transportation.
large amounts of greenhouse gases, such as the In addition, the United States has rejoined the
EU, the United Kingdom, Norway, and many other Paris Agreement after the inauguration of Mr. Joe
European countries, have pledged to be carbon Biden, the latest president of the United States. This
neutral. Countries in Asia with large economies, such makes efforts to meet greenhouse gas emissions
as Japan and South Korea, have also announced targets more achievable. Formerly, President Trump
plans to reduce net greenhouse gas emissions to zero withdrew the United States from the Paris Agreement,
by 2050. More than 110 countries have announced while the United States had previously set a goal to
zero greenhouse gas emissions targets by 2050. reduce its greenhouse gas emissions to zero by 2050.
Thailand has proposed a plan to reduce greenhouse gas
emissions by 20 percent by 2030, and possibly to 25
Information from: https://unfccc.int/process-and-meetings/the-paris-
percent in the future, by seeking to reduce greenhouse
agreement/the-paris-agreement
gas emissions in the energy sector, transportation, https://sdgs.un.org/goals
https://www.un.org/sg/en/content/sg/articles/2020-12-11/carbon-
industrial process, and waste management.
neutrality-2050-theworld%E2%80%99s-most-urgent-mission
China has announced plans to reduce https://climatepolicytracker.org/countries/thailand/#:~:text=Thailand%20
intends%20to%20reduce%20its,percent%20in%20that%20time%20frame
greenhouse gas emissions at least 65% from 2005
https://thestandard.co/countries-net-zero-emissions/
and continue towards Carbon Neutrality by reducing https://eciu.net/netzerotracker

Scope of Carbon Footprint Measurement
(Greenhouse Gas Protocol)

A significant way to reduce greenhouse gas emissions to Scope 2 is greenhouse gases emitted from energy use
achieve the Carbon Neutral goal is to reduce the carbon (Energy Indirect GHG Emissions), such as the production of
footprint of our activities under the GHG Protocol (https:// electricity, heat, steam, and cold that the organization uses
ghgprotocol.org/). There are 3 scopes of greenhouse gas or purchases for use in its operations.
emissions throughout the value chain, namely, Scope 1,
Scope 3 is other indirect greenhouse gas emissions
2, and 3, as follows:
throughout the value chain (other indirect GHG emissions),
Scope 1 is greenhouse gases directly emitted by the such as greenhouse gas emissions from raw materials used,
organization (Direct GHG Emissions), such as the transportation of raw materials or factory employee travel,
production process of goods or products in factories. as well as product distribution, product use, and product
disposal.

26 2020 Sustainability report