CP donates to set up centre for social development
CHAROEN POKPHAND Group (CPG) has contributed US$50,000 (Bt1.76 million) to inaugurate the Social Innovation for Development Centre, operated by the United Nations Development Programme (UNDP) to help achieve the Sustainable Development Goals (SDGs).
Suphachai Chearavanont, chief executive of CP Group, said: “CPG has [provided] $50,000 for UNDP as an initial budget to fund the promotion of Thai youth and start-ups to create social innovations for development, in line with CPG’s sustainability policy and the SDGs.”
To mark this cooperation, CP signed a memorandum of understanding with the UNDP Friday.
“CPG has operated its business by adhering to the three-benefit philosophy, which means the benefits should go to first into the country where we invest, then the society where we operate, and finally the company’s [long-term benfits]. Moreover, it has attached importance to the 17 SDGs, which cover social, economic and environmental dimensions,” Suphachai said.
“CPG is pleased to work with the UNDP in Thailand in order to promote activities for sustainable development.”
