Krungsri partners with Zeroboard to support decarbonization management
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Krungsri partners with Zeroboard to support decarbonization management

Krungsri partners with Zeroboard to support decarbonization management

Krungsri (Bank of Ayudhya PCL) moves forward to support customers’ decarbonization journey by synergizing with Zeroboard Inc., a Japanese startup company with leading technology on cloud service relating to GHG emission calculation and visualization that can cover business and supply chain areas. The MoU reaffirms Krungsri’s commitment in being a trusted partner to cooperate with customers in assisting them through the journey towards decarbonization.

The signing ceremony was held on September 13, 2022. Mr. Seiichiro Akita, Krungsri President and Chief Executive Officer, Mr. Yoshiyuki Horio, Krungsri Head of Japanese and Multinational Corporate Banking (JPC/MNC), and Mr. Michitaka Tokeiji, CEO of Zeroboard Inc. participated as representatives of each organisation. The MoU was concluded in order to promote GHG emission reduction in Thailand and aims to expand to ASEAN. Krungsri will introduce Zeroboard to Krungsri corporate customers while Zeroboard will provide full-scope GHG emissions calculation and visualisation service, including electricity usage, energy usage in production line, waste treatment and supply chain. Krungsri is also ready to support customers with solutions relating to GHG emissions and financial supports on decarbonisation implementation, such as ESG finance, supply chain finance, and others.

Mr. Seiichiro Akita, Krungsri President and Chief Executive Officer, said at the signing ceremony, “Decarbonisation has become a priority for businesses around the world. As one of the leading global financial services groups, we are committed to achieving carbon neutrality in our portfolio by 2050.  In Japan, MUFG and Zeroboard have jointly provided services to support decarbonisation management to more than 200 companies since end of last year. I am pleased that we are now able to extend such services to our customers in Thailand. With Zeroboard technology and our financial services, we believe that Krungsri will be able to support our customers’ efficient decarbonisation journey by introducing full scope advanced technology GHG emission calculation and visualisation, especially in the particularly challenging to manage supply chain area.”

Mr. Michitaka Tokeiji, CEO of Zeroboard Inc, commented, “We are pleased to become a partner with Krungsri, through our partnership with MUFG. I feel very encouraged in promoting our marketing in Thailand. To promote decarbonisation in Asia, collaboration with various local partners is essential. By combining Krungsri's network and our technology, we aim to make Zeroboard the de facto standard as a GHG data infrastructure and increase our presence in Asia together.”

Zeroboard has been partnering with MUFG servicing MUFG customers to support their decarbonization management all around Japan since November 2021. 

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