ASW Announces Full Registration as Carbon Neutral, Driving Sustainable Business with Green Real Estate Development Plans from Start to Finish
Asset Wise Public Company Limited, or ASW, is moving forward with a comprehensive green real estate initiative, officially declaring its commitment to becoming a voluntary Carbon Neutral organization after receiving formal certification from the Greenhouse Gas Management Organization (Public Organization), or GHGMO. This reflects the company's intention to operate sustainably while considering environmental impacts under the concept of "GrowGreen."
ASW has already installed solar panels at its headquarters, Mingle Mall, and the KAVE TU project, with plans to install them at KAVE Town Space and KAVE Town Shift. Additionally, ASW has partnered with Haup Car to provide electric vehicle services at Mingle Mall and the KAVE AVA sales office, aiming to promote the use of clean energy and continuously reduce greenhouse gas emissions.
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Mr. Kram Chatchai, CEO of Asset Wise Public Company Limited (ASW), a leading real estate developer focused on lifestyle under the concept of "Happiness Designed for You" or "We Build Happiness," stated that ASW recognizes the issue of global warming caused by climate change, leading to various natural disasters that will impact future generations. Therefore, the company has set a path to drive the organization towards sustainable business practices, committed to being an environmentally conscious organization. ASW has joined the Carbon Neutral Thailand voluntary network, emphasizing the importance of assessing its greenhouse gas emissions and procuring carbon credits to offset its emissions to zero.
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Recently, ASW has emerged as a leader in voluntary Carbon Neutral certification, officially recognized by the Greenhouse Gas Management Organization (Public Organization), which supports efforts to reduce greenhouse gases in Thailand. This reflects the company's commitment to being genuinely environmentally responsible, aligning with Thailand's policy to achieve carbon neutrality by 2050 and net-zero emissions by 2065, as outlined in the 26th UN Climate Change Conference of the Parties (COP26).
With the complete registration as Carbon Neutral, the company is advancing towards developing comprehensive green real estate projects to create a sustainable world, continuously aiming to reduce greenhouse gas emissions. This year, ASW is collaborating with partners under the concept of "GrowGreen" with five main pillars: 1. Green Space, focusing on designing environmentally friendly green areas for the well-being of residents; 2. Energy Efficiency, designing residences to use energy efficiently, with solar panels already installed at the headquarters, Mingle Mall, and KAVE TU, and ongoing installations at KAVE Town Space and KAVE Town Shift, along with partnering with Haup Car to pilot electric vehicle services at Mingle Mall, KAVE Town Space, KAVE Town Shift, and the Modiz Rhyme and KAVE AVA sales offices, marking a significant step in promoting clean energy use and reducing greenhouse gas emissions to combat global warming.
3. Waste Management, sustainably managing waste by promoting waste separation within projects to reduce carbon footprints; 4. Clean Air, ensuring clean air by selecting construction materials that minimize air pollution or construction methods that do not generate PM 2.5 dust; and 5. Water Saving, maximizing water use by developing projects with systems to treat and reuse wastewater. The company also organizes environmental activities throughout the year to foster a sense of environmental stewardship and address global warming issues, recently inviting residents to participate in a one-hour lights-off activity to help reduce heat-related issues.
“Global warming is a problem that requires collaboration from all sectors. ASW is committed to developing green real estate to ensure sustainability for our business and our world. We aim to develop residential projects from start to finish, focusing on environmental preservation, material selection, resource reduction, and the use of clean energy to enhance the quality of life for residents. Receiving voluntary Carbon Neutral certification from the Greenhouse Gas Management Organization (Public Organization) is a source of pride for us, and we are ready to follow our commitment to drive the organization towards sustainable business practices to provide a better environment for future generations,” Mr. Kram Chatchai stated.
Asset Wise Public Company Limited (ASW) operates in the real estate sector, committed to developing high-rise and low-rise residential projects in prime locations under the concept of “Happiness Designed for You” or “We Build Happiness.” To date, ASW has developed over 39 condominium and housing projects under various brands designed to create happiness suitable for every lifestyle, including KAVE, ATMOZ, MODIZ, ESTA, and THE HONOR, with a total project value exceeding 38.5 billion baht. This includes 31 completed and ready-to-move-in projects and 8 projects currently for sale and under development, with a backlog value of over 7.338 billion baht, which will be recognized as revenue continuously.