# SET Pledges to Attain Net-Zero Emissions by 2050

- Link: https://www.thailand-business-news.com/set/117001-set-commits-to-net-zero-emissions-by-2050
- Published: 2024-01-02T21:51:52+07:00
- Author: SET News

**The Stock Exchange of Thailand pledges to achieve net-zero emissions by 2050, 
following the Science Based Targets initiative.**

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## SET Commits to Net-Zero by 2050

The Stock Exchange of Thailand (SET) has announced its commitment to achieving Net-
zero by 2050, in line with the Science Based Target initiative (SBTi) Net-Zero Standard.
This commitment is driven by a desire to address the growing climate crisis and 
its impact on the economy, society, and environment. SET’s strategic plan aligns
with the Paris Agreement’s goal of limiting global temperature rise to below 1.5
degrees Celsius, reinforcing its dedication to sustainability both within the organization
and externally.

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## Driving Sustainable Operations

President Pakorn Peetathawatchai emphasized the urgency of collective action to 
address the climate crisis and highlighted SET’s role in promoting sustainable growth
in the capital market. The organization has set its sights on achieving Net-zero
by 2050, covering direct and indirect greenhouse gas emissions across its value 
chain.

In addition, SET has implemented measures such as improving energy efficiency, adopting
green procurement practices, and promoting ESG knowledge to stakeholders in the 
capital market, demonstrating a commitment to social and environmental responsibility.