Deloitte releases a new report Presenting sustainability management challenges in Southeast Asia

Deloitte released a new report titled “The 2022 Sustainability Management Commitment in Southeast Asia” presents the challenges in sustainability management facing countries. in Southeast Asia

o To show full economic potential The ASEAN Community must contend with the challenges of sustainable development.

o Realization of sustainability goals It requires collaboration with new partners from a wide range of stakeholders, large and small. public and private sectors including domestic and foreign organizations as well

o Sustainability Management in Thailand Can do well on all five sustainability issues: energy, weather, biodiversity, water, waste and gender equality.

Deloitte released a new report titled “Commitment to Sustainability Management in Southeast Asia for 2022” It presents the challenges of managing sustainability in different countries. in Southeast Asia is facing and the government’s commitment to address those challenges. for this region to show its full economic potential The report points out that the key to improving sustainability management is to encourage regional cooperation between countries and governments to build new partnerships. covering a wide range of stakeholders whether large and small organizations public and private sectors Domestic and international organizations

this report Created in collaboration between the Deloitte Center for the Edge and the US-ASEAN Business Council, it focuses on country insights. in Southeast Asia related to five key sustainability areas Selected by the US-ASEAN Business Council members include Energy and Climate. Biodiversity, water, waste and gender equality Such insights can serve as a one-stop resource for international companies and investors to identify the sustainability issues that may have the greatest impact.

The report provides an overview of Southeast Asia and provides a detailed analysis of data from nine countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Vietnam.

o Overview of sustainability management in Southeast Asia

The current sustainability management progress of each Southeast Asian country is analyzed in the methodological report. Ratings are given according to the performance of each country. Comply with internationally recognized indices goals and commitments of different countries will be assessed against globally recognized goals This includes the United Nations Sustainable Development Goals (SDGs). These represent the country’s commitment to sustainability management.

The achievement of these goals depends on the five action factors outlined in the report:

o Is there a mechanism for monitoring and enforcing?
Does it meet the needs of vulnerable groups (women, children, ethnic minorities, low-income people)?

o Is the development planning based on evidence?

o Is there an investment or budget allocation according to the target?

o Is there an effort to create awareness about the goals set?

in energy and weather The region has done well to provide enough electricity for its 660 million people, with countries getting 4 or 5 points out of five. However, keeping this up as energy demand has increased dramatically over the next two decades. page and at the same time pursuing carbon reduction goals. This is a major challenge.

This region has abundant natural resources. It consists of four biodiversity areas. However, urgent steps are needed to look for sustainable growth without compromising biodiversity. It also found that the current progress and goals of the country were analyzed in terms of ocean conservation. Terrestrial ecosystems and forests are also not connected.

Management of water and waste resources remains a major challenge for some countries, however, food waste is a new problem that governments across the region are just beginning to address more objectively.

on the issue of gender equality Great progress has been made in ending all forms of discrimination, violence and harmful acts. There have also been developments in equal opportunity and greater promotion of education, health and the economy. Although the role of political representation has been low progression.

“As Asia is a leading regional economic hub and a source of direct US investment. biggest US company therefore invest more in areas such as waste management Promoting women’s economic roles and supporting energy transformation initiatives. as they expand their commercial presence in this highly competitive region.” Mr. Mark Mealley, Senior Vice President-Policy US-ASEAN Business Council

Mr. Dulicha Kulsuriya, Managing Director, Center for the Edge Deloitte Southeast Asia He added, “Countries in Southeast Asia Due to its geographical location and developing natural ecosystems More vulnerable to climate change than any other country In the Asia-Pacific region, however, there are many opportunities to tackle the region’s diverse challenges. If ASEAN governments strictly implement their climate commitments cooperate with the private sector and drive action to address climate and sustainability issues. They can drive a new engine of growth in Southeast Asia.”

o Insights for Thailand

with a determination to create an economy Bio-Circular-Green Make Thailand have a good performance in sustainability management in all 5 areas.

Most urban expansion in Thailand is led by the capital city, Bangkok. which accounts for more than 80 percent of all urban areas in the country. Thailand is located in one of the most biodiverse regions in the world. And Thailand has the highest biodiversity in the world per unit area. This gives Thailand a unique identity that is not only a commercial center. but also a leader in environmentally friendly and clean technology

Thailand has a 20-year National Strategy (2018-1937) that covers all 17 United Nations Sustainable Development Goals (SDGs) and remains committed to the implementation of the Sustainable Development Agenda. 2030 for sustainable development Thailand also participates in the 2021 Voluntary National Review on Sustainable Development, which confirms that Thailand is pursuing the Sustainable Development Goals. clearly In addition, the competitive outlook of the country’s economy depends on Bio-Circular-Green Economy (BCG), an approach to driving an eco-conscious economy. by focusing on implementation in practice, policy and industry

Urbanization and climate change are currently challenging factors for national development. By 2020, more than 50 percent of the population lives in urban areas. And Thailand is facing a decline in urbanization rates over the past decade. This is because a large proportion of the population lives in rural areas. and other challenges has not been managed, such as the supply of water to serve the area. and efficient waste management in municipalities In addition, climate change is causing extreme weather variations. As a result, such challenges are intensifying as well.

Empowering the workforce is essential as Thailand transitions from developing countries to developed countries. This is a goal the Thai government calls ‘Thailand 4.0’. Better access to employment opportunities and increased support will increase the participation rate of women in the workforce to 59 percent by 2021. change in the same way throughout this society Collaboration from multiple agencies and various stakeholder groups is required. This is coupled with the implementation of policies that aim to distribute resources equally for all.

“Climate change is a significant and multifaceted challenge. This deals with issues such as biodiversity, water, waste and gender equality. Public-private partnerships will be key to helping ASEAN address these challenges.” Mr. Drew Hasson, Director (Sustainability), US-ASEAN Business Council say

Mr. Kasiti Ketsuriyang Sustainability & Climate Leader Deloitte Thailand He added, “Thailand’s Bio-Circular-Green Economy (BCG) model represents an opportunity for collaboration between the private and public sectors. To achieve the goal of net zero greenhouse gas emissions We are beginning to see a multi-stakeholder initiative to drive the BCG agenda towards a low-carbon economy. But we need more investment and a stronger ecosystem for developing economic and technological solutions. This will ensure that the implementation of the carbon reduction approach is on target.”

“To comply with the BCG model and promote sustainable economic development Thailand has given importance to the production of electricity from biomass. Explore alternatives to valuation of food waste for higher value. and expanding the wastewater network through utility projects and building technical capabilities. Therefore, there are many opportunities for the public and private sectors to work together to create a sustainable and economically successful future for Thailand.”