Mitr Phol Group Net Zero initiative

Mitr Phol Group has announced a commitment to achieve Net Zero greenhouse gas emissions by 2050. To meet this goal and address rising climate risks, the group is implementing a ‘Carbon Neutral Complex’ model designed to align operations with United Nations Sustainable Development Goals.

The initiative responds to significant environmental and economic pressures, including data from the World Meteorological Organization showing 2015–2025 as the warmest eleven-year period on record. Thailand is noted for its high climate risk ranking and low adaptive capacity, with the World Bank warning of potential GDP reductions between 7% and 14% by 2050.

Additionally, the group is adapting to shifting international trade regulations, such as the European Union’s Carbon Border Adjustment Mechanism (CBAM) and Deforestation Regulation (EUDR), as well as new reporting requirements in China and Singapore. These measures aim to ensure global competitiveness through decarbonization, traceability, and environmental transparency.