In a bold move towards greener horizons, UOB Thailand has taken a significant stride by embracing DHL’s pioneering GoGreen Plus service. This step fortifies the bond between UOB and DHL, exemplifying UOB’s unwavering dedication to augmenting the sustainability of its supply chain while mitigating Scope 3 non-financed carbon emissions. It’s a testament to their forward-thinking strategy to advance on the path of sustainability.
Going Green with a Strategic Alliance
As part of the GoGreen Plus service, UOB Thailand has formed a strategic alliance with DHL Express to embark on a shared investment in sustainable aviation fuel (SAF) for international air shipments. This groundbreaking initiative is tailored to assist UOB Thailand in curtailing its Scope 3 emissions, encompassing those tied to supply chain logistics and operational activities.
Mrs. Vira-anong Chiranakhorn Phutrakul, UOB Thailand’s Deputy CEO and Head of Wholesale Banking, passionately articulated, “Our collaboration with DHL Express illustrates UOB’s pledge to environmental stewardship that transcends our immediate operations. Tackling our Scope 3 emissions represents a holistic sustainability approach synchronized with our net-zero greenhouse gas emissions aspiration by 2050.”
Sustainable Air Transport: A Critical Component
The implementation of the GoGreen Plus service is pivotal in reducing the carbon footprint associated with the air transport of crucial documents, banking essentials, and other pertinent supplies between Thailand and international destinations. UOB’s commitment to minimizing its environmental impact is both admirable and action-oriented.
Mr. Herbert Vongpusanachai, the Managing Director of DHL Express Thailand and Head of Indochina, underscored, “We take immense pride in bolstering UOB Thailand’s sustainability expedition. Our GoGreen Plus service presents a pragmatic avenue for enterprises to lessen their logistics-related greenhouse gas emissions, thereby supporting their overarching ecological ambitions.”
UOB’s 2050 Vision: A Comprehensive Sustainability Strategy
This innovative venture is interwoven into UOB’s extensive sustainability roadmap, which aims for emission reductions across the trifecta scopes of greenhouse gas accounting. UOB’s pledge to reach Net Zero by 2050 not only embraces its financed emissions but now emphatically addresses the necessity of abating its Scope 3 non-financed emissions, intricately linked to supply chain logistics.
By championing sustainable methodologies and forging alliances with committed partners like DHL Express, UOB Thailand is taking assertive strides toward its 2050 net-zero ambitions. This partnership not only bolsters UOB’s ecological goals but also propels Thailand towards a low-carbon future, harmonizing with global endeavors to battle climate change.
Regional Alliance with an Environmental Edge
In a landmark development in July 2024, UOB and DHL Express broadened their strategic framework under the GoGreen Plus initiative, jointly investing in SAF for UOB’s global parcel deliveries across the Asia Pacific. Through this forward-looking program, UOB envisions an estimated annual reduction of approximately 200 tons of carbon dioxide-equivalents—a leap forward for sustainable logistics.
As the curtains rise on this eco-friendly partnership, it is not just an alliance of two industry giants but a clarion call to the world, setting a robust precedent for how commercial collaborations can be wisely pivoted for environmental betterment.
This partnership is crucial in the fight against climate change. It sets a great example for other companies to follow.
It’s just a PR stunt. These big corporations are just checking boxes to look good.
You can’t deny that using SAF is a step forward though. Better than doing nothing at all!
Exactly, any step towards sustainability is worth it. We need more companies to get on board.
I think it’s fascinating how they’re focusing on Scope 3 emissions. That’s where the real challenge lies!
What’s this Scope 3 thing? Sounds complicated.
It’s about emissions not directly controlled by the company, like those from suppliers or transportation.
Yes, it’s quite complex but tackling this means a big boost in overall emission reductions!
Are these initiatives even impactful? I feel like they’re more about appearances than real change.
They claim significant reductions, but verifying the actual impact is key for transparency.
Skepticism is understandable, but initiatives like these create a push for industrial innovation.
Projecting a net-zero future by 2050 is ambitious. I hope they can stick to these goals amidst all the global uncertainty.
Agreed, ambitious but necessary. It’s the stickiness of the policy that worries me.
True, governance and consistent commitment are pivotal. Long-term plans often get sidetracked by short-term gains.
Honestly, I’m just taking the train instead of flying. Seems like the simplest green choice for transportation.
That’s good for individuals! Non-flying options need to be more accessible worldwide for bigger impact.
Yeah, exactly! Infrastructure needs more investment to make greener choices obvious and easy.
This is an excellent step. The real hurdle is to maintain these practices beyond initial stages.
Exactly, sustainability isn’t a one-time goal but a continuing process!
Partnerships like UOB and DHL’s are pivotal for industry-wide change. They need to encourage more companies to follow suit.
I’m curious about the tech behind SAF. Surely it’s not the silver bullet for aviation’s carbon footprint?
Will these reductions really impact Thailand’s overall footprint? It’s a small player in a big pond.
Every bit helps. Focusing on these initiatives can inspire other countries to take action too.
Green partnerships are great, but how soon can we expect tangible results from this one?
They mentioned annual reductions, so I assume by next year, we might see some data.
More corporate green initiatives! I hope they aren’t all talk, no action.
I’m just here for the comments. Is this really something that will lead us to net zero?
Yes, if done correctly. Bit by bit, these strategies contribute to the bigger goal.