Environmental Platform for Accumulating Digital Coins

The Company continues to drive its Net Zero+ mission through concrete actions by signing a Memorandum of Understanding (MOU) with Bangchak Corporation Public Company Limited and Ying Charoen Market under the “Fry to Fly” initiative. The project promotes the collection of used cooking oil from markets and its reuse through conversion into Sustainable Aviation Fuel. This initiative forms part of efforts to reduce greenhouse gas emissions while supporting the development of a circular economy.

This collaboration is implemented through the “AssetWise GrowGreen” platform, an innovative system developed to systematically record the transfer of used cooking oil from vendors at Ying Charoen Market in a transparent and traceable manner. The collected oil is converted into digital coins, which participating vendors can use for purchases within the market. This mechanism helps create incentives for continuous participation in environmental initiatives and promotes long-term sustainable engagement.

On this occasion, Wutthi Wiphanphong, Deputy Chief Executive Officer for Business Sustainability and Environment of AssetWise Public Company Limited, represented the Company in the signing ceremony of the Memorandum of Understanding for this collaboration.

All proceeds from supporting the AssetWise GrowGreen platform, without any deductions, will be contributed by AssetWise Public Company Limited to support Bhumibol Adulyadej Hospital and other charitable organizations. This initiative aims to generate social benefits while promoting environmental stewardship and sustainable development in parallel.