GPSC's Support to Business Associations and Organizations

GPSC recognizes the importance of corporate social initiatives in accordance with the sustainable development guidelines. This acknowledgement is put into action by connecting with network partners and members in relevant organizations or organizations established for various economic and social benefits in order to contribute to their sustainable development. Accordingly, GPSC has driven policy implementation and knowledge sharing regarding the industry and sustainable growth of the country from various work departments among those organizations and partners.

In spite of the mentioned activities, GPSC has not made contribution in Lobbying, interest representation or similar and other categories (such e.g. spending related to ballot measures or referendums).

GPSC's Business Association and Organization Support are as follows:

List of Organizations Type of Organizations Total spend (Baht)
FY 2019 FY 2020 FY 2021 FY 2022
United Nation Global Compact (UNGC) Other - - - 288,750
The Association of Private Power Producers (APPP) Trade association 42,800 370,870 202,800 200,000
Petroleum Institute of Thailand (PTIT) Other 315,650 274,000 110,000 110,000
The Federation of Thai Industries (F.T.I.)
  • Power Producer Industry Club
  • Renewable Energy Industry Club
Other 250,000 250,000 250,000 250,000
Thailand Business Council for Sustainable Development (TBCSD) Trade association 48,150 153,110 115,990 110,000
The Institute of Industrial Energy Trade association 0 55,000 0 0
Thai Wind Energy Association Trade association 25,000
The Thai Chamber of Commerce Trade association 23,000 23,000 23,000 23,000
Thailand National Committee of CIGRE Trade association 20,388 42,266 42,612 37,231
Thai Industrial Estate and Strategic Partner Association Trade association 15,000 60,000 60,000 60,000
Thai Photovaltaic Industries Association Trade association 6,223 0 5,000 5,000
The Federation of Thai Industries Rayong Chapter Trade association 4,000 4,000 4,000 4,000
The Federation of Thai Industries Chonburi Chapter Trade association 2,140 4,280 2,140 12,000
Electric Vehicle Association of Thailand Trade association - - - 10,000
Thailand Management Association (TMA) Trade association 5,000 5,000 5,000 5,000
Thailand Energy Storage Technology Association (TESTA) Trade association - - - 5,000
RE100 Other - - - 5,000
Total spend (THB) 732,351 1,241,526 820,542 1,149,981

GPSC delegates its experts to join the board or the committee of the business associations and organizations so as to share useful information, knowledge and opinions on various issues. Below are the top three ranked organizations with highest support from GPSC.

Organizations Total spend in FY 2022 (Baht)

United Nations Global Compact (UNGC)

UNGC is an organization that encourage the private sector to conduct business activities that are in line with the 10 international principles of UN Global Compact in human rights, labor, environment and anti-corruption to support United Nations Sustainable Development Goals (SDGs).

288,750

Thailand Business Council for Sustainable Development (TBCSD)

TBCSD is an association focusing on driving sustainable development with business solution from the business sectors. It provides platform for companies to share knowledge, advocate business position while working with governments and other parties.

250,000

The Association of Private Power Producers (APPP)

The Association of Private Power Producers (APPP) is a organization in the power industry that represent a group of good governance private power producers who have expertise and knowledge in power and energy business and share the same vision of driving for adequacy of energy supply, efficient use of energy and sustainable economy and social development as well as being the representative of private power producer to give the knowledge, experiences, sharing the view, express the idea and give suggestion on energy

200,000

In the year 2022, GPSC supported various relevant organizations on these key topics;

GPSC pays serious attention to sustainable development and thus, has integrated the knowledge that leads to its application into the business operation. GPSC supports and advocates for sustainable development policies through the membership of United Nations Global Compact and the Thailand Business Council for Sustainable Development: TBCSD, a network of the World Business Council for Sustainable Development: WBCSD. This allows TBCSD to gain comprehensive information and direction of global sustainable development and has knowledge and practices that can support Thailand businesses toward sustainability. GPSC shares ideas and information on its business operations to promote the social and environmental responsibility projects that members acted on and be role models for sustainability capable of keeping up the world trends which also meets the UN's Sustainable Development Goals (SDGs). These practices also lead to favorable changes in regulations at the industrial and national levels, such as discussing measures to efficiently use resources for development and reduce environmental pollution and greenhouse gas emissions leading to sustainability in the future to operate according to the framework of the group's activities plan.

In 2022, representatives from GPSC, on behalf of the group, periodically met with the government agencies in charge of environmental protection to present and exchange helpful information, particularly regarding the law and operations of the company. In addition, the representatives also kept up-to-date with new legislation to be imposed by the government. To illustrate, the representatives followed up on the draft of the Climate Change Act aimed to enforce Carbon Tax and Emissions Trading Scheme (ETS). The company also joined the Thai Renewable Energy (RE100) Association established by Renewable Energy Industry, Federation of Thai Industries to drive the supply and demand of renewable energy and carbon credit, additionally to encourage renewable energy and energy efficiency agenda to be primary tools to Decarbonization through Deregulation, Decentralization, and Digitalization operations by the government. These agendas aim to resolve the climate issue and maintain Thailand's competitiveness. The company jointly proposes and drives Thailand's industries to 100% renewable energy implementation policy to government, pushing Green Energy and Green Carbon policies, encouraging the carbon credit and energy trading, Building demand and supply for carbon credit and energy market, include providing challenges, obstacles, and suggestion regarding carbon credit and energy trading.