TH

The Company integrates sustainable development goals (SDGs) with business operations by emphasizing the operations in response to the 9 main goals that are relevant with the business operations and the competence of the Company. It also realizes the circumstance of social problems and world’s important sustainability trends and operates the business through sustainability management structure of the organization at each level. With a passion to achieve in sustainable development, the Company has set goals, strategies and plans to react differently depending on the goal of the matter. It is also prepared for progress monitoring on SDGs and reporting to the Corporate Sustainability Policy Committee (SPC) every quarter. This is to ensure that the operations of the Company are consistent and meet with the goals in response to SDGs.

Core

Goals in response to Y2020

Refinery Energy Usage Index (EII)

96.0

Expand production capacity of the renewable energy business

Strategies

  • Develop energy efficiency of the refinery business
  • Expand production capacity of the renewable energy business

Work Plans

  • Carry out energy efficiency improvement projects (YES-R & Rocket Projects)
  • Proceed to expand electricity generating capacity from solar energy, wind power, geothermal energy and hydropower, including expansion of production capacity of biofuels from biodiesel and bio-ethanol

Results in response to Y2019

  • EII = 97.9 (as targeted)
  • Electricity generation from solar cells, total 153.7 MW
  • Electricity generation from wind energy, total 23.37 MW
  • Electricity generation business from geothermal energy 157.5 MW
  • Electricity generating business from water power 69 MW
  • Biodiesel business 1,000,000 liters per day
  • Bio-ethanol business, totaling 1,000,000 liters per day

Value Creation

To the Company
  • Energy efficiency
  • Reduce energy costs and expenses
  • Increase business income stability
  • Support government policies and increase the proportion of renewable energy usage
To environment and society
  • Increase the proportion of renewable energy in the country
  • Reduce the impact of climate change from greenhouse gas emissions

Goals in response to Y2020

Compensation for greenhouse gas emissions with carbon offset not less than 60%

Strategies

  • Offset greenhouse gas emissions with carbon offset from the renewable energy business
  • Prepare greenhouse gas emissions accounting

Work Plans

  • Compensate greenhouse gas emissions with carbon offset from the renewable energy business

Results in response to Y2019

  • Carbon offset from renewable energy business : 75.5% of greenhouse gas emissions

Value Creation

To the Company
  • Prevent and reduce the impact of natural disasters that may affect the company's business operations
  • Expand renewable energy business
To environment and society
  • Reduce environmental impact and prevent global temperature not to rise above 2 °C

Goals in response to Y2020

Reduce the use of distilled water by 15% (compared to base year 2015)

Number of farmers participating in the sustainable water management project : 30 persons

Strategies

  • Improve the efficiency of water consumption in the production process
  • Improve quality of wastewater

Work Plans

  • Increase production capacity of the RO-Recycle Unit
  • Change cooling Tower
  • Conduct water footprint to find hotspots for improvement

Results in response to Y2019

  • Reducing the amount of water used in the refinery by 6.3% from the base year 2015 (including the cumulative volume of reducing water used in the refinery from 2016 - 2019 compared to the base year 2015 is 17.9%)
  • Number of farmers participating in the project : 18 farmers

Value Creation

To the Company
  • Use water in the production process efficiently
  • Sufficient water for using in the production process
  • Reduce costs and expenditure of water withdrawal and consumption
  • Purchase agricultural products from farmers to be recognized as products in the company's SPAR mini marts
  • Promote good image of the company
To environment and society
  • Communities are not affected by water withdrawal and consumption of the company.
  • Solve flood problems, sustainable drought having sufficient water for agriculture, in Pasak Basin area
  • Increase agricultural areas, forest areas and the amount of water that can be stored in the Pasak River Basin

Goals in response to Y2020

There is no waste to landfill (Zero Waste to Landfill ) in the company and companies in the group

Promote the procurement of environmentally friendly products / services and there are a total of 20 environmentally friendly products / services.

Strategies

  • Industrial waste management with 3Rs and Zero Waste to Landfill

Work Plans

  • Waste and industrial waste management with 3Rs principles
  • Develop a prototype service station for innovation and the environment
  • Use environmentally friendly materials / products
  • Waste management using the Circular Economy Business Model

Results in response to Y2019

  • Expand Zero Waste to Landfill operations to companies in the group
  • 55 environmentally friendly products and services

Value Creation

To the Company
  • Reduce cost of resources and waste management
  • Create value to waste and increase utilization
  • Promote good image of the company
To environment and society
  • Reduce the occurrence of waste and greenhouse gases
  • Disseminate and create environmental sustainability for society

Additional

Goals in response to Y2020

Receive an "excellent" rating from the Corporate Governance Report of Thai Listed Companies (CGR).

Ranked TOP 30 of the ASEAN Corporate Governance Scorecard (ACGS) project

Strategies

  • Combat all forms of corruption and be a role model of corporate governance (CG) organization

Work Plans

  • Educate and support companies in the group and business partners to participate in the Anti-Corruption Program and receive CAC certification

Results in response to Y2019

  • CGR score: 98%
  • Awarded with TOP 60 ASEAN PLCs considered from the evaluation of Project (ACGS)

Value Creation

To the Company
  • Transparency in business operations and good relationship between anti-corruption networks
  • Promote good image and sustainability of the company
To environment and society
  • Reduce corruption issues in society

Goals in response to Y2020

Hiring 13 disabled persons to work as employees of the company

Strategies

  • Employment with value, equitable and covering all groups of people

Work Plans

  • Hire the disabled to work with the company

Results in response to Y2019

  • Hired 13 disabled to work as employees of the company (as targeted since 2018)

Value Creation

To the Company
  • Support the government policy on employment of the disabled according to Article 33
To environment and society
  • Promote professional equality for society

Supplementary

Goals in response to Y2020

800 elementary school students participate in the Read and Write with Ease Project

Strategies

  • Participate in improving the quality of education of Thai youth at the elementary level

Work Plans

  • Carry out the project to solve problems of illiteracy, can't read or write, of elementary school students

Results in response to Y2019

  • 891 youths from 7 schools participated in the project (as targeted)

Value Creation

To the Company
  • Participate in social development according to the mission of the company
  • Promote good image of the company
To environment and society
  • Elementary school students are solved of the literacy problems, inability to read or write
  • Improve the quality of education for Thai youth

Goals in response to Y2020

Number of research : 12 topics

Number of Intellectual Property : 3 IPs

Strategies

  • Promote research and innovation to enhance the competitiveness of the industry

Work Plans

  • In-house R&D
  • Establish collaboration in research development with research institutes, universities, and external agencies

Results in response to Y2019

  • Number of research : 11 topics
  • Number of Intellectual Property : 2 IPs

Value Creation

To the Company
  • Create a culture of innovative thinking for employees
  • Innovation and / or new products to increase business opportunities
  • Create research partners
To environment and society
  • Promote scientific and technological research for national development

Goals in response to Y2020

Build 11 safe communities

Establish 2 groups of community enterprises, extend network and initiate business model

Strategies

  • Build strong, livable and safe communities.

Work Plans

  • Build a safe community from emergency drills and evacuation drills in case of emergencies / disasters
  • Establish community enterprises to create jobs, generate income in communities around the workplace

Results in response to Y2019

  • Built 10 safe communities.
  • Number of community enterprise : 1 group

Value Creation

To the Company
  • Strengthen good relationship and confidence in the operations of the company for the community
To environment and society
  • Development of the well-being of the community in terms of occupation, environment and safety