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To be a leading value-oriented integrated energy company in Asia-Pacific

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The company commits to operating business in principle of good corporate governance aiming for corporate sustainability which will bring shared value on economic, social and environment to its business value chain. Chief Executive Officer therefore formulates the Corporate Sustainable Development Policy as a guideline for its business operation in Thailand and abroad:

1. Philosophy

The company adheres to sustainable development in doing business with concerns of economic, social, and environment responsibility. Business decisions take into account economic, safety, occupational health, environmental, and social aspects. All business activities are carried out under sustainability concept and aim at sustainable results for stakeholders’ benefits and acceptance.

2. Policy

2.1 Sustainability Strategy

  1. Impose the corporate sustainable development strategy covering good governance, enterprise and project risk management, and emerging risks.
  2. Assess risk and set measures to cope the risk impacts that may affect the company’s sustainability in economic, social, environmental and governance aspects. This should be considered as materials for business planning, decision and operation for the organizational stability and sustainability.

2.2 Governance

  1. Adhere to merit and transparency in running business as well as compliance with the law, regulations, requirements, methods and standards specified by the regulatory agencies and accepted internationally.
  2. Uphold and comply with guidelines and methods specified in the company’s Code of Conduct as well as related effective policies, regulations, announcements, and orders including the Board of Directors’ Notification on Corporate Governance (B.E. 2546), Risk Management Policy (B.E. 2546), the Board of Directors’ Notification on Shareholder Policy (B.E. 2550), the Board of Directors’ Notification on Employee Policy (B.E. 2550), the Board of Directors’ Notification on Environmental and Social Policy (B.E. 2550), the Board of Directors’ Notification on Anti-corruption Policy (B.E. 2559).

2.3 Economy

  1. Seek guidelines to develop and continuously improve efficiency for all business activities by defining the goal, evaluation methods, monitoring and sustainability assessment of the activity.
  2. Develop and promote the corporate innovations and technology as a business strategy to create value added and long-term growth of the corporate as well as co- benefits for society and environment.
  3. Promote and support all business partners, suppliers and stakeholders along the supply chain to run business based on the sustainable development practices.

2.4 Safety

  1. Encourage and embed culture on safety, environmental protection and social responsibility on continual and consistent basis.
  2. Set “zero” accident goal at work by developing, improving and upgrading the company’s safety measures and standard beyond regulatory requirement. Additionally, any activities without proper and adequate safety control measures, proper Personal Protection Equipment and safety training must be prohibited.

2.5 Human Rights

  1. Treat all employees and workers in a fair and equal manner, without discrimination. The work assignment must be properly given to all employees based on their ability and appropriate compensation. The employment is prohibited labor aged below 18 years and illegal labor. This principle is also enforced among employees and workers of suppliers and/or stakeholders.
  2. Take care and protect safety of employees, workers and company’s asset by taking into account the others’ rights and safety, with concern over personal right, confidentiality and information disclosure.
  3. Respect right of employees and workers, and treat them with equality and human dignity manner.

2.6 Society and Community

  1. Invest in the personnel capability enhancement by providing the skill and knowledge development and relevant resources as well as safety in workplace to build ‘creative thinking’ atmosphere and fully optimize employees’ potential and capacity.
  2. Respond to customers’ needs and gain their satisfaction in products and services quantity and quantity aligned with contractual agreement.
  3. Encourage and promote participation of the community and stakeholders by opening for listening their advices, constructive and transparent dialogue, fair treatment, respect of diversity, supporting their quality living and community empowerment.
  4. Collaborate with public sector, industrial associations, business partners, civil society and other stakeholders in developing and/ or applying sustainability standard and practices generally accepted by industry and/or relevant sectors.

2.7 Environment and climate change adaptation

  1. Manage the environmental quality and biodiversity according to the legal requirements and specified regulations as well as investing, developing and improving the environment management system, new applicable methodology ensuring higher efficiency of environment quality management and control.
  2. Create and seek approaches and methods of reduction of resources, energy, emission, waste and greenhouse gas in order to protect, control and minimize impacts to environment, community and society.
  3. Define target of emitted greenhouse gas from generating electricity and operating business, assessment methodology of climate change risks and impacts that may affect the generation and business, and search for measures of greenhouse gas emission reduction and climate change adaptation to ensure business growth and sustainability.

2.8 Disclosure

  1. Disclose the corporate sustainable development policy and operating results and sustainability performance in all aspects in accordance with required regulations of relevant agencies and accepted standards with adequate, transparent and timely manners to demonstrate its commitment and determination in developing the corporate towards sustainability.
  2. Disclose the Corporate Sustainable Development Policy to all employees, workers and stakeholders for their acknowledgement and implement the compliance in their business operation and while doing business with the company.

2.9 Compliance

The company’s directors, executives, employees and workers at all levels are responsible to support, promote and conform with the Corporate Sustainable Development Policy to be working culture concerning balance of economic, social and environmental benefits.