Bank of Ayudhya in Thailand Introduces “Zeroboard”
〜 Aiming to enhance efficiency and sophistication of GHG emissions calculation 〜
Zeroboard, Inc. (Minato-ku, Tokyo, CEO: Michitaka Tokeiji), a developer and provider of “Zeroboard”, a cloud service to calculate and visualize GHG (Greenhouse gas) emissions, announces that Bank of Ayudhya（Bangkok, CEO:Kenichi Yamato, hereinafter Krungsri) and its 15 subsidiaries based in Thailand have implemented “Zeroboard”. In addition to the existing support for decarbonization management of the Bank’s business partners, we will work together to enhance the efficiency and sophistication of the Krungsri Group’s GHG emissions calculations.
“Zeroboard” is a global cloud service that combines accuracy, validated by a third-party organization through ISO14064-3 (*1) compliant verification, with scalability that enables multi-language support and use of emission intensity in various countries. In addition, the system is equipped with centralized management functions such as data collection and approval from multiple locations including subsidiaries and affiliates.
Krungsri has been calculating greenhouse gas emissions (*2) for its head office, branches, and 15 subsidiaries, and reporting them annually to Thailand Greenhouse Gas Management Organization (TGO) since 2017. Introducing Zeroboard will help Krungsri to elevate the management of greenhouse gas data and facilitate the measurement of our organization’s carbon footprint.
Since signing a partnership agreement with Krungsri in September 2022, we have been providing decarbonization management support to the bank’s business partners. We will continue to support decarbonization management in Thailand by combining the Krungsri ‘s network with our expertise in GHG accounting and reduction support.
Comments from the companies
Kenichi Yamato, President, Krungsri
Krungsri is committed to the challenge of climate change. Our objective is to achieve Carbon Neutrality in the Bank’s operations by 2030, and we have actively pursued various projects to achieve this goal. Since 2017, we have conducted a carbon footprint for the organization evaluation by collecting data on greenhouse gas emissions from its business operations and activities and reporting our organization’s carbon footprint to the Thailand Greenhouse Gas Management Organization (TGO). However, we have recognized the importance of effective tools in supporting data collection, which has led us to collaborate with Zeroboard. The partnership aims to elevate the management of greenhouse gas data and facilitate the measurement of our organization’s carbon footprint. We anticipate that this collaboration will greatly support Krungsri more easily and efficiently achieving its carbon neutrality objectives.
Michitaka Tokeiji, Founder CEO, Zeroboard Inc.
Zeroboard has been working to advance the sophistication of our solutions and expand the regions we serve so that our clients can use their decarbonization efforts as a catalyst for corporate growth. Thailand is an industrialized country with a high concentration of manufacturing supply chains and is one of the regions where decarbonization is of great importance and interest, while the government promotes the BCG (Bio-Circular-Green) economy model. We are very pleased to take our partnership with Krungsri one step further and to promote decarbonization in the region.
(*1) ISO 14064-3: Specification and guidance for validation and verification of GHG-related claims established by the International Organization for Standardization (ISO).
(*2) Emissions of the entire supply chain including Scope 1, Scope 2, and Scope 3 in the GHG Protocol. In the case of financial institutions, emissions of Scope 3 Category 15 investee companies account for a large proportion.
Company Name：Bank of Ayudhya Public Company Limited (Krungsri)
Head Office：1222 Rama III Road, Bang Phongphang, Yan Nawa 10120 Bangkok
Representative：President and CEO Kenichi Yamato
Established：January 27th, 1945
Company Name：Zeroboard Inc.（https://zeroboard.jp）
Address：10F Sumitomo Fudosan Mita Twin Building West, 3-5-27 Mita, Minato-ku, Tokyo
Representative：Michitaka Tokeiji, CEO
Established ：August 24, 2021
Development and supply of “Zeroboard,” a cloud service for calculating and visualizing greenhouse gas emissions / Consulting services related to decarbonization management / Operation of user community “All Aboard!”
“Zeroboard” is a solution that supports GHG emission calculation, disclosure, and reduction. It enables the calculation and visualization of domestic and international supply chain emissions, as well as emissions per product or service (Product Carbon Footprint: PCF), through a cloud-based platform. It also allows registration of reduction contributions and water resources and supports the generation of various reports. By providing GHG reduction solutions tailored to the specific challenges of user companies, “Zeroboard” assists in their decarbonization efforts.
Based on “Zeroboard,” we have developed and started offering industry-specific products such as “Zeroboard construction” for the construction industry and “Zeroboard logistics” for the logistics industry, which include functionalities specific to each sector.
In addition, “Zeroboard for batteries”, a solution for complying with European battery regulations, is being developed.
＊Zeroboard, Zeroboard construction, zeroboard logistics, and All Aboard! are registered trademarks of Zeroboard Inc.
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