CPAXT Synergizes with Industry Leaders, Signing MoU to Drive Transition to Sustainable Packaging, Boost Circular Economy, and Strengthen Sustainability in Thailand’s Retail and Wholesale Sector
Mr. Sittichai Serisongsaeng, Inspector General of the Ministry of Natural Resources and Environment, presided over the MoU signing ceremony to mark CP Axtra Public Company Limited’s transition to sustainable packaging in support of the circular economy. The event was honored by the presence of Mr. Metin Ozyurtlu, Chief Commercial Officer (4th from left); Ms. Siriporn Dechsingha, Chief Corporate Communication Officer of CPAXT (5th from left); Ms. Jenica Conde Cruz, Corporate Innovation & Sustainability Manager of Nestlé (Thai) Ltd. (2nd from left); Mr. Tanaporn Khositaphai, Senior Vice President - Commercial of ThaiNamthip Ltd. (6th from left); Mr. Jose Henrique Zeitune, Chief Operating Officer of HaadThip Public Company Limited (7th from left); and Mr. Torpong Triyanond of Patum Vegetable Oil Co. Ltd. (1st from left).
Bangkok - 19 August 2024 - CP Axtra Public Company Limited, a leading wholesaler and retailer under the ‘Makro-Lotus’s’ brand, has signed a Memorandum of Understanding (MoU) with four prominent partners: Nestlé (Thai) Limited, ThaiNamthip Company Limited, HaadThip Public Company Limited, and Pathum Vegetable Oil Company Limited. The partnership is poised to advance corporate sustainability, driven by a shared vision to minimize environmental impact. By promoting a circular economy through sustainable packaging, this partnership aims to drive positive change and strengthen sustainability within Thailand’s retail and wholesale industry.
Under this MoU, CP Axtra Public Company Limited and its four prominent business partners are spearheading the transition to ‘sustainable packaging’—utilizing recyclable, biodegradable, or recycled materials for the packaging of products sold to CP Axtra. In addition, CP Axtra will replace signage and promotional materials made from polypropylene plastic at its distribution centers with those made from biodegradable or recyclable materials. This initiative aims to promote the adoption of sustainable packaging and encourage sustainable and eco-friendly innovations to ensure the delivery of quality products to customers.
CP Axtra is committed to conducting business with a focus on sustainability, considering the economic, social, and environmental impacts across its supply chain. The Company prioritizes the implementation of a circular economy as a core strategy to achieve its corporate sustainability goals by 2030. This includes optimizing resource utilization and waste management, promoting sustainable packaging, and campaigning against single-use packaging through the principles of Reduce, Reuse, and Recycle to minimize environmental and social impacts.
