LO-CARB becomes Thailand's first IFRS Sustainability Alliance and ISSB Training Partner, marking the first direct engagement of IFRS Foundation with Thai private sector. The company is positioning itself to help Thai organizations transition to IFRS Sustainability Disclosure Standards (S1 & S2), which Thailand must adopt from 2026 onwards. The event highlighted that 45+ countries already follow these standards, covering 60% of global GDP and 40% of global market capitalization, while Thai SMEs and corporations face challenges around data standardization, energy transition costs, and translating climate risk into actionable business decisions.
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