Loop Connecting
GC has collaborated with all sectors throughout the value chain to scale its success and link with new businesses in order to integrate its business objective. As this helps strengthen business responsibility, it also helps create a business ecosystem that seeks to optimizing resource utilization, reducing waste, and transforming waste into value added products. As such, projects in 2023 under the ‘Loop Connecting’ theme are explained below.
YOUTURN Platform
The company has continuously developed the YOUTURN platform for the fourth year, aiming to drive the company’s strategies regarding the Circular Economy to manage used plastics comprehensively. This supports the Loop Connecting (Ecosystem) process, with the goal of collecting used plastics for recycling and producing value-added upcycled products. More than 90 partner groups have collaborated in this effort. The company has also applied a digital application to improve access to plastic waste sources and facilitate the recycling process more thoroughly. This waste is transformed into high-quality recycled plastic pellets at ENVICCO, the company’s recycling plant, which is the first in Thailand to receive international safety standards from USFDA and the Thai FDA.
Plastic waste that does not enter the recycling process at the ENVICCO plant is upcycled to produce value-added products through certified partner recycling facilities. In 2023, the company expanded the YOUturn platform to various sectors, including the community, education, and government and private agencies, resulting in many sub-projects. This includes being part of the Community Waste Model project, which supports employment and creates jobs for communities.
YOUTURN Platform
Read moreCommunity Waste Model
Read morePortfolio Driven
Read moreSustainably Public Private Partnership for Sustainable Plastic and Waste Management: PPP Plastic
The company collaborates with the governments, private sectors and communities, help to manage the issue with waste and promote the use of plastics sustainably according to the Circular Economy concept. While having the goal to reduce the quantity of plastic waste in Thai seas at least 50% within 2027, based on sustainable waste management.
In 2023, the company coordinated with the Rayong City Municipality and the Rayong Baan Eua-Arthorn Village (Wang Wa), which participated in the PPP Plastics project, to serve as a pilot agency for expanding waste management in the area. This initiative promotes proper sorting of plastic waste and directs used plastics to the ENVICCO plant to maximize resource circulation. It also generates additional income from the sorting of clean plastic waste. The company plans to expand this operation to other local administrative organizations (LAOs) in the area to enhance coverage. This initiative aims to benefit both society and the environment.
Our Khung BangKachao
GC has applied the circular economy principle in its conversation project in Khung Bang Kachao, in order to reduce waste problems as well as promote responsible consumption from reduce waste at the source. The project involves the innovative processing of used clear plastic bottles or polyethylene terephthalate (PET) to produce polyester fibres.
In 2023, GC collaborated with Wat Jak Daeng and partners to encourage the public to send used plastic bottles (PET) for processing into fabric, which was then sewn into 251 recycled monk robes. This initiative generated over 1,203,500 baht in income for the local community from sewing contracts. Additionally, support was provided to the Ban Wat Jak Daeng Sufficiency Economy Community Enterprise to continuously transform used plastic bottles into fabric for various products, such as blankets, Thai-patterned cloth, and bags. Throughout the project's duration, a total of 895 kilograms of waste was collected for recycling, resulting in total revenue of 18,747,662 baht from the sale of all products.
ThinkCycle Bank Project
GC has implemented the ThinkCycle Bank project, which transforms waste into economic value through a recycling bank system and the YOUTURN Platform. The initiative focuses on waste management from the source, beginning with raising awareness among youth and related networks about the importance of waste segregation. Participants are taught to properly separate and recycle waste, starting from their households, in line with the principles of a Circular Economy.
Additionally, the program promotes savings habits among students by providing them with earnings from selling recyclable waste to their school’s waste bank. Over the course of the project, youth participation has expanded across 21 schools in Rayong and Chonburi provinces.
In 2023, the project successfully collected 12,461 kilograms of waste for recycling and generated income of 38,138 baht for the participating schools in the network.
