The plan

What Climate Action commits you to.

The Climate Action plan is where a JUMP+ company commits to measure its carbon footprint and disclose it to investors across FY2026–2028. It is the programme’s voluntary dimension — only about 80% of enrolled companies opted in — and the one most exposed to international raters. See where the market stands in our state of Thai climate disclosure 2026.

The voluntary dimension

Business and Governance sit at the core of a JUMP+ plan; Climate Action is elective. Roughly four in five companies in the first cohort opted in — and the ones that skipped it forfeit the theme international investors scrutinise most.

Measure, then disclose

The commitment has two halves: build a credible GHG inventory, then disclose it where investors and raters actually read it. A number that never leaves a spreadsheet does not move the score.

Reported every six months

Like the rest of JUMP+, climate progress is communicated to the market twice a year. The inventory and its narrative have to be repeatable, defensible and told in both languages, update after update.

Enrol by 31 March 2026

Companies choose a partner from SET’s Advisory Pool to build the plan; the enrolment window closes 31 March 2026. Climate Action is best scoped early — a full Scope 1–3 inventory takes time to get right.

Step 1 · Measure

A carbon inventory that holds up.

Every credible Climate Action plan starts with a defensible greenhouse-gas inventory — a TGO-format Carbon Footprint for Organization (คาร์บอนฟุตพริ้นท์องค์กร) covering Scope 1, 2 and 3. The raw arithmetic is increasingly free: SET’s central carbon platform is complimentary for listed companies. The value is in boundary, methodology and verifier-ready data — captured on carbon-accounting software powered by KClimate, delivered and interpreted by Othello.

Direct emissions

Fuel combustion, company vehicles, on-site process and fugitive emissions — calculated on TGO emission factors, with the operational boundary drawn and documented so it survives review.

Purchased energy

Indirect emissions from purchased electricity and steam, reported location-based and, where relevant, market-based — the disclosure raters expect to see split out, not blended away.

Value-chain emissions

The 15 upstream and downstream categories — for most Thai listed companies the largest, hardest number, and exactly where IFRS S2 and FTSE look hardest. We scope it defensibly rather than omit it.

Step 2 · Disclose

The market scores the disclosure.

A number in a spreadsheet is not a score. From 2026, SET-listed companies are assessed on FTSE Russell ESG Scores — 0–5, exposure-weighted and public-disclosure-only, so an undisclosed data point scores zero rather than neutral. The IFRS S2 standard — adopted in Thailand as TSRS — asks the same question in a different form: is it disclosed, structured and auditable? Measurement gets you the numbers; disclosure is what actually moves the rating.

FTSE’s Climate Change theme

The Climate Change theme in FTSE Russell’s methodology maps directly to the JUMP+ Climate Action plan. It is public-disclosure-only — a gap scores zero, not neutral — so what you publish, in English, is what you are marked on.

IFRS S2 / TSRS structure

S2 wants climate governance, strategy, risk management and metrics & targets. Thailand is adopting it as TSRS, phasing in — SET50 companies proposed first, from FY2026, subject to the regulator’s final timetable. Building to S2 now future-proofs the plan.

The English is the score-driver

FTSE reads your public English. A plan that is strong in Thai but thin in English under-scores on the exact themes JUMP+ is meant to showcase — which is why disclosure quality, not effort, decides the rating.

Disclosed where investors look

The inventory belongs in the 56-1 One Report, the IR site and the six-monthly JUMP+ updates — consistent, comparable and bilingual, so Thai and international readers see the same commitment.

Assurance

Verification is a separate line.

For a Climate Action plan that intends to withstand investor scrutiny, third-party verification is a distinct — and often required — step. It cannot be folded into the advisory fee, and it cannot be self-signed. We plan for it from the start and keep it transparent.

A distinct engagement

Assurance sits outside the consulting scope as its own line item — quoted separately so the cost of measurement, disclosure and verification is never blurred together.

A TGO-registered verifier

Verification must come from an accredited third party. Budget roughly THB 40,000–150,000 depending on boundary and scope — passed through at cost.

Built to be verified

Othello structures the inventory, factors and evidence trail so assurance is fast and clean — verifier-ready from day one, rather than reconstructed under deadline.

Independence rule: a consultant cannot verify its own inventory. Othello builds verifier-ready data and arranges third-party assurance as a transparent pass-through — quoted at cost, never marked up, never self-certified.

Othello’s role

Measure and disclose, from one bench.

Most engagements split at the line between the carbon vendor who measures and the writer who discloses. Othello sits on both sides of it — the same team builds the inventory and writes the disclosure that carries it, in Thai and English, to the standard raters actually score.

Measure → disclose, one object

We build the TGO-format Scope 1–3 inventory and the IFRS S2 / FTSE-aligned disclosure together — so the numbers and the narrative are the same object, not a hand-off that loses meaning in translation.

Bilingual by construction

Likely the only ISO 17100 certified disclosure house in SET’s JUMP+ pool. Your Climate Action plan and its six-monthly updates land in lockstep Thai and English, governed by a 10-year ESG termbase.

Powered by KClimate, delivered by Othello

Carbon accounting runs on KClimate, KBank’s platform, delivered and interpreted by Othello — so you get boundary judgment, verifier-ready data and the IFRS S2 / FTSE bridge on top of the arithmetic, not just the arithmetic.

NDA from the first email

Emissions data and unreleased targets are sensitive. Every engagement runs under NDA-from-first-email discipline, and verification is arranged as a transparent third-party pass-through — never self-signed.

Next step

Measure it once. Disclose it so it scores.

Enrolment closes 31 March 2026. Email us to scope your Climate Action plan under NDA — from a TGO-format Scope 1–3 inventory to IFRS S2 / FTSE-readable disclosure, in both languages, with verification arranged as a clean pass-through.

Scope your Climate Action plan See the full JUMP+ practice

FAQ

Climate Action, answered.

Is the Climate Action plan mandatory?

No — it is the voluntary dimension of JUMP+. Only about 80% of enrolled companies opted in for the first cohort. Business and Governance sit at the core of the plan; Climate Action is elective, but the FTSE Climate Change theme and a growing investor base increasingly expect it.

Do we need third-party verification?

Often, yes. Assurance is a separate, frequently-required line: a TGO-registered verifier, roughly THB 40,000–150,000 depending on scope. A consultant cannot verify its own inventory, so Othello delivers verifier-ready data and arranges assurance as a transparent pass-through.

SET’s carbon platform is free — why pay an advisor?

Because the arithmetic is commoditised and the judgment is not. Boundary setting, Scope 3 estimation, verifier-readiness and the bridge into IFRS S2 / TSRS and FTSE-readable English are where a Climate Action plan earns — or loses — its score.

What is IFRS S2 / TSRS, and does it apply to us?

IFRS S2 is the global climate-disclosure standard; Thailand is adopting it as TSRS (มาตรฐานการรายงานความยั่งยืน), phasing in — SET50 companies proposed first from FY2026, subject to the regulator’s final timetable. Even ahead of mandatory application, FTSE already scores the same public climate disclosure.

The rest of the plan

One advisor, every dimension.

The hub

Measure the carbon. Disclose it so it scores.