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SEC joins with 32 listed companies on Vibhavadi-Rangsit Road in doing good deeds to launch the “Vibhavadi Zero Waste” campaign



Wednesday 4 December 2019 | No. 178 / 2019


Bangkok, 4 December 2019 – On 4 December 2019, which is Thai Environment Day, SEC in collaboration with 32 listed companies located along Vibhavadi-Rangsit Road launched the “Vibhavadi Zero Waste” campaign under the Capital Market Governance Promotion Initiative in Celebration of the Auspicious Occasion of His Majesty the King’s Coronation. The campaign aims for effective management of waste in the organizations by adhering to the 3 Rs principle “Reduce, Reuse and Recycle”.

The Vibhavadi Zero Waste campaign was organized by SEC which invited listed companies located or having a project located along Vibhavadi Road to jointly manage waste in the organizations in an effective manner to reduce non-recyclable and single-use waste to the minimum. The campaign attracted a number of business sector units and was officially launched on 4 December 2019, Thai Environment Day. The opening of the campaign was attended by 32 listed companies in the Stock Exchange with an opening speech given by Chairman of SEC Board Worawit Champeerat.

The Vibhavadi Zero Waste campaign was an initiative under the Capital Market Governance Promotion Initiative in Celebration of the Auspicious Occasion of His Majesty the King’s Coronation organized and launched on 14 August 2019 by SEC in collaboration with other 12 capital market organizations to encourage every sector in the capital market to make contributions to doing good deeds, jointly drive Thai capital market to sustainability based on their respective roles, in accordance with the Sustainable Development Goals (SDGs) of the United Nations and the National Strategy for improvement of quality of life based on green growth. The Initiative also aims to establish a multilateral collaborative network to support the signatories of the Declaration of Intent to join the Initiative in their efforts to make tangible contributions.

In addition, the “Vibhavadi Zero Waste” campaign plays a vital role in initiating concrete activities of the Thailand Responsible Business Network (TRBN) jointly established and launched on 2 December 2019 by SEC, the Association of Securities Companies and other 7 organizations. The opening of TRBN was presided over by the Prime Minister, General Prayuth Chan-ocha who also gave a special speech. The speech on the objectives and rationale for establishment of TRBN was given by the Minister of Finance, Uttama Savanayana .

SEC Secretary-General Ruenvadee Suwanmongkok said “what SEC most expects from this campaign is the development of public conscience and awareness of the importance of environment. In the initial phase, the goal is to ensure that each company, including SEC, has effective waste management by adhering to the 3Rs principle “Reduce, Reuse and Recycle”, starting from reducing use of materials that would become waste and learning the management of each type of waste, which is the starting point of the circular economy. Sustainability can be achieved through our efforts and cooperation in the society. Therefore, doing good deeds for motherland can start with basic things within the organization. We also expect that this campaign will be a good model for other organizations”.

Interested company is required to report the waste management information on the platform established for progress evaluation, and activity and press releases will be posted on Facebook page “Vibhavadi Zero Waste” or @vibhavadizerowaste.