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RATCH sets forth the Corporate Sustainability Development Policy as the strategy for economic, environmental and social development of the Group’s operations in Thailand and overseas. The Environment, Social, Governance (ESG) Working Group was formed to set ESG’s goals and actions ensuring progress and tangible results. The policy covers the following areas:

More Info : Corporate Sustainability Development Policy

RATCH is aware that energy, though being an essential factor of all countries’ economic and social development, causes environmental impacts that lead to climate change. RATCH is determined to join national and international endeavors in reducing greenhouse gas emissions (GHG), to slow an increase in global temperature and mitigate the intensity of natural disasters caused by climate change.

GHG management framework

Group’s implementation of GHG management plan

Commitment to reduce GHG at point source

Novel fuel-saving innovation for small power producers (SPPs)

RATCH wins Best Innovative Company Award at the Stock Exchange of Thailand’s SET Awards 2020, through the 3-combined generation system at Berkprai Cogeneration Power Plant that includes gas turbine, steam turbine and gas engine. It is the first innovation of Thailand’s SPP industry.

Raise electricity generation from renewable energy

In 2020, RATCH’s equity installed capacity successfully invested 1,174.68 MW increasing portion of equity capacity from renewable accounted to 14.4 percent (of 8,174 MW equity capacity) against the new 25 percent target set for 2025. The electric power generated by renewable energy in 2020 totaled 4.94 million megawatt-hour, 10 percent from domestic power plants and 90 percent from the overseas power plants including Lao PDR, Indonesia and Australia (48 percent, 25 percent and 17 percent, respectively). The renewable energy reduced GHG by 1,225,787 tons of carbon dioxide equivalent.

Emission reduction under T-VER program

Ratchaburi Power Plant continually proceeded with its 3 T-VER programs in reducing GHG emissions. The MRV framework (Monitoring, Reporting and Verification) was applied to achieve emissions-control standards and support the future implementation of Thailand’s Emission Trading Scheme (ETS).

Energy and resource savings

RATCH Group has campaigned for and implemented energy and resource-saving programs at Head Office and after-process activities at power plants. They are Green Office Project, Waste Bank Project and 3R (Activity Reduce/ Reuse/ Recycle)

Community energy-saving campaign

RATCH builds community engagement by giving them knowledge and understanding in support of projects and activities that will help reduce energy and resource consumption as well as save household expenses. In a way, the move helps reduce GHG emissions.

  • Implement Community Energy Project Phase III in Tambon Yang Hak, Pak Tho District, Ratchaburi Province
  • Promote community energy technology that reduces fossil fuel consumption and cuts GHG emissions
  • Support use of solar panels instead of diesel-powered generators for 23 households since 2014
  • Enhance energy stability, equip community with management knowledge, help reduce expenses and help reduce GHG emissions

Projects applied Low Emission Support Scheme

The Company submitted Head Office’s 1 energy-saving project and 2 community energy-saving projects to GHG evaluation under LESS Scheme (in energy-efficiency category). The projects reduced GHG emissions by 16.72 tCO2e per year.

Increase carbon sinks

Aside from schemes that tackle internal emissions, RATCH has continually promoted the capture of GHG through the conservation of community forests which are key carbon sinks.

  • Launch the community forest conservation initiative under “Love the Forest and the Community Project”,which involves community forest contest, Community Forest Leaders’ Network Seminar and Kla Yim Youth Club.
  • Promote understanding in community forest conservation and management since 2008
  • Since 2008-2020, the company supported 1,828 community forests, total areas of 1,605,871.44 rai enabling to absorb 3,211,742.88 tCO2e

RATCH has encouraged community engagement in preserving community forests which are indirect carbon sinks since 2008 under “Love the Forest and the Community Project” or “Kla Yim”. Together with the Royal Forest Department, the community forest contest has been organized. In 2020, RATCH extended supports to 145 community forests that encompass 93,023 rai which in effect helped the Company capture 186,046 tons of carbon dioxide (based on the Royal Forest Department’s estimate that forests can capture 2 tons of carbon dioxide per rai per annum on average).

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Risk assessment and managing the impacts of climate change

The Risk Management Committee and the Risk Management Working Group conducted the assessment on organization-level and project-level risks relating to climate change, to ensure RATCH Group’s appropriate preparedness and preventive measures. They also ensured the Group’s Business Continuity Plan is sufficient for abrupt emergencies, to avoid business disruption.

Opportunities induced by climate change

More Info : Risk Management

RATCH envisages that worsening climate change will induce uncertainties that may turn to emerging risks and affect the Company’s future operations. Risks relevant to climate change or climate change impacts that may have significantly adverse or positive impacts on the Company’s operations are as follows: