Mitsubishi, CP Group Team Up to Decarbonise Manufacturing in Thailand
by: The Beat Asia
December 19, 2023
Mitsubishi Corporation has inked a partnership with Thai conglomerate Charoen Pokphand Group to conduct a feasibility study on decarbonizing the manufacturing industry in Thailand, the car manufacturing company announced through a press release.
Through the partnership, Mitsubishi and Charoen Pokphand will combine their expertise in renewable energy development and strong network to determine ways to decarbonise the country’s manufacturing sector.
This effort likewise adds to the Thai government’s target of being carbon-neutral by the year 2050 and having net-zero carbon emissions by 2065.
In addition to local decarbonisation, the Japanese government has also pledged to expand these efforts throughout the Southeast Asian region through its Asia Zero Emission Community (AZEC).
The feasibility study is also expected to support two of Mitsubishi’s Sustainability Management Materialities, “Contributing to Decarbonized Societies” and “Promoting Stable, Sustainable Societies and Lifestyles.”
“MC is committed to not only accelerating actions that falls within the scope of this FS and furthers its own energy-transformation objectives, but also helping to decarbonize Thailand and other Southeast Asian countries,” Mitsubishi said in the statement.
To learn more about the partnership, visit Mitsubishi Corporation’s website.
Get the latest curated content with The Beat Asia's newsletters. Sign up now for a weekly dose of the best stories, events, and deals delivered straight to your inbox. Don't miss out! Click here to subscribe.