Power Buy Under Central Retail Reaffirms the Goal to Develop Sustainably, Deploying Technologies to Create a Greener World
Power Buy, as a leading retailer of electrical appliances and IT products under Central Retail, has raised the goal to become a fully eco-friendly organization. We have formulated the "Power of Green & Sustainability" strategy, using advanced technologies to make the world green and create a sustainable ecosystem from upstream to downstream. Furthermore, we adhere to the ESG (environment, society, and governance) framework to ensure the organizational development and focus on taking actions that yeild concrete positive results for all sectors.
Mr. Suwin Koseeumnuay, President of PowerBuy Co., Ltd., revealed his perspective on sustainable business operations: "Power Buy recognizes the severity of current climate change and environmental issues. So, it is our commitment to drive sustainable business in all dimensions under the concept of Power of Green & Sustainability. We aim to create a 'Green Network' by using technology to connect with all sectors, including organizations, the government sector, business partners, communities, and customers, to jointly achieve the net-zero target and create a sustainable environment.
In 2024, Power Buy continues to proceed with several sustainability projects aligned with Central Retail's "CRC Care" philosophy in Care for the Environment dimension. It aims to create a sustainable green world and become a role model of sustainable retailer-wholesaler in Asia, as follows:
- E-Waste Management: The "Trade-in for a Better Life" campaign, organized for two consecutive years, provides a comprehensive electronic waste management service. Power Buy encourages consumers to bring their used electrical appliances for proper disposal processing.
- Used electrical appliances in good condition are reused as learning materials to develop students' vocational skills and promote their careers. This year donated used electrical appliances to the Phra Dabos Foundation, Bang Saen Technical College and Uthai Tani Technical College.
- Electrical appliances in poor condition are recycled by Total Environmental Solutions Co., Ltd. (TES) in a zero-landfill process, which meets the international standard.
- Solar Rooftop: Power Buy has increased the clean energy consumption by installing solar rooftops, which reduces greenhouse gas emissions by 300 tons per year and saves electricity consumption by up to 20%. We also plan to install solar rooftops at all seven Power Buy standalone branches, with Chiang Mai as the first pilot branch this year.
- Eco-friendly Products: Power Buy supports eco-products receiving the new 5-star label from EGAT. This label guarantees that the production process reduces carbon dioxide emissions and the packaging is eco-friendly."
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