Warawut pointed out that the future of BCG is important to business.

The Minister of Foreign Affairs reveals that the future of BCG is important to business. Looking at it as a handicap and future opportunity

From the 40th Nationwide Chamber of Commerce Seminar, Mr. Warawut Silpa-archa, Minister of Natural Resources and Environment delivered a special speech on the topic “Adjusting Thailand and Thai Entrepreneurs to BCG Business and Implementing ESG Approaches for Sustainability” that the Thai government has adopted the BCG (Bioeconomy) economic model. circular economy green economy)

as a guideline for developing the country to be stable and aiming for a low-carbon society as Thailand Showing intentions to the international To contribute to solving climate change problems, the BCG model looks beyond the profits of the business sector. But focus on doing business that is balanced with the environment, consumers and employees in the organization. leave no one behind

In addition, the BCG model involves half of employment in four occupations: agriculture and food. health and medical bio energy and tourism It is expected that the BCG economic value will increase to 4.4 trillion baht or 25 percent of Thailand’s GDP in the future.

For the private sector, it has responded to the BCG policy by driving the concept of ESG or investment that is responsible for the environment, society and good governance. Today, the business sector must change its way of thinking in accordance with the aforementioned direction and situation. Otherwise it will be difficult for us to work internationally. Because now many countries have started to set up a tax wall on the environment. For example, in Europe, it will try a new tariff called Carbon Boarder Adjustment Mechanism (CBAM) on five types of imports next year.

As a result, each product must have a carbon footprint label not exceeding the limit. Otherwise you will have to pay additional taxes. that is scary In the future, this tariff will happen in America, Canada and many other countries. Including may cover other categories of export products that have a greater impact on Thailand, such as the agricultural sector, so if trading with international Thai entrepreneurs must change their way of thinking and doing business. in which he did not want everyone to see that this was a burden but would like to see sustainability as an opportunity and handicap for business in the future