Page 132 - SD RATCH EN

132
Sustainability Report 2020
RATCH Group PCL.
About this Report
This Sustainability Report is prepared to disclose RATCH Group Public Company Limited’s sustainability performance in 2020, covering economic (incorporating governance), social and environmental dimensions relating mainly electricity generation which is the Company’s main business. The Company has issued annual sustainability reports since 2014. Disclosed in this report is sustainability performance that is crucial to the Company’s growth and sustainability as well as benefits of stakeholders.
Reporting approach
The information appearing in this report covered the performance from 1 January 2020 to 31 December 2020. Its reporting was applied to the Global Reporting Initiative (GRI) Standards: Core option and also contained additional indicators for the Electric Utilities Sector.
Reliability of this report
To assure stakeholders of the accuracy and completeness of information, this reporting was aligned with GRI Standards and the information was reviewed under the following process:
1) The central unit responsible for this report gathered information and prepared the report, pending for verification of information completeness and accuracy by the units which owned the information.
2) High-level executives reviewed and endorsed the information.
3) The Board of Directors considered and endorsed the information disclosed in this report.
4) The disclosed information was verified by a third party for alignment with GRI Standards:
Core option and additional indicators for the Electric Utilities Sector.
The external assurer of sustainability information under GRI Standards is independent and not related to the Company. The process to select the external assurer has correctly followed the Company’s procurement regulations. The Assurance Statement of the external assurer appeared on Page 146.
Scope of the report
This report disclosed the economic, social and environmental performance of all subsidiaries and joint ventures over which the Company has operational control as shown in Performance Data. The list of 2020 controlled companies differed from 2019 with the inclusion of the two following companies:
• Berkprai Cogeneration Company Limited, a joint venture of which the Company’s seconded officer served as the top executive.
• RATCH Cogeneration Company Limited, a 99.97 percent-owned subsidiary.