Setting goals and conducting businesses that support the Sustainable Development Goals of the United Nations (SDGs)

GPSC has supported 7 of the 17 main sustainable goals, namely Goal 7 (Affordable and Clean Energy), Goal 8 (Decent Work and Economic Growth), Goal 9 (Industry, Innovation, and Infrastructure), Goal 11 (Sustainable Cities and Communities), Goal 12 (Responsible Consumption and Production), Goal 13 (Climate Action) and Goal 16 (Peace and Justice). The company aims to establish management guidelines for sustainable development and benefits of all stakeholders.

7: 7.1, 7.2, 7.3
Incentives and Connections to the Business
GPSC as the main power business innovation leader in the PTT group is committed to bringing its skills, knowledge, capabilities, and expertise in power system development in delivering clean energy to communities at local and national levels by developing a project to improve the quality of life of the local people to be safe, while also allowing for such individuals to maintain a stable career, which is beneficial for both physical and mental health, as well as stimulating economic growth, such as the “Light for Better Life” (LBL) project, investment in solar power plants, etc. This commitment is in line with the sustainability goals 7, Affordable and Clean Energy.

Operation Plan

  • Expanding the operation area of solar electricity and storage systems through the Light for a Better Life: Renewable Energy in Remote Areas project, which represents an improvement in electrical systems, installation and delivery of solar and energy storage systems in remote areas, and communities, where electricity is not yet accessible. For example, 6 community health centers in Om Koi District, Chiang Mai Province, and Khlung Hospital, Chanthaburi Province, totaling more than 99.96 KW.
  • Implement a Light for a Better Life project to reduce electricity cost and convert it into an agricultural project, which is the installation of a photovoltaic system to reduce the electricity cost for Sa Kaeo College of Agriculture and Technology. The aim is to convert electricity cost saving into capital (lending) for agricultural businesses to students who lack the capital to generate income.
  • Implement Smart Farming in Khao Chamao District, Rayong Province, and Boklua District, Nan Province, and study the guidelines with Sa Kaeo College of Agriculture and Technology.
  • Install a photovoltaic system at the Glow IPP power plant in Bo Win for the internal operating system.
  • Continue to increase the share of renewable energy, both solar and offshore wind, under the company's strategy.
  • Implementation of the Operational Energy Efficiency Enhancement Program and resulting in a reduction of greenhouse gas emissions by up to 149,248 tCO2e per year.
  • In the process of looking for additional opportunities for the development and investment of renewable energy power generation projects, in collaboration with the PTT Group in seeking overseas renewable energy power plant investment opportunities.
  • Install and deliver renewable energy power generation systems and energy storage systems to remote and electricity-lacking communities across the country. In 2022, additional solar power systems will be installed for 8 community health centers in Omkoi district, as well as installing solar power systems and energy storage systems for Koh Kham Undersea Park, Chonburi Province, and Wat Pa Si Saeng Tham, Ubon Ratchathani Province o Participate in the energy conservation project of relevant external agencies.
  • Aim to install a total of 287.04 kWh of solar electricity in remote areas and plan to install 1,000 kWh in the next 5 years.
  • Plan to develop energy efficiency projects between 2021 and 2029 and expect to reduce greenhouse gas emissions by as much as 1,240,929 tCO2e.
  • Investing in solar power plants in India and Taiwan resulted in a total installed capacity of 2,635 MW in 2023.

Benefits to the Company

  • Increases in opportunities for new electric power business.
  • Reduction in costs of electricity.
  • Developed expertise in photovoltaic installations based on an increase in the proportion of production capacity derived from renewable energy in remote areas.
  • CO2 emission reduction and reduction of CO2 intensity.
  • Reduction in energy consumption and its costs.
  • Enhancement of the knowledge, skills, and expertise of personnel. 30 employees participate in the solar installation project, equivalent to 120 hours of volunteer work.
  • Achieve 74.6 % community satisfaction.
  • No complaints were received from the government agencies.

Benefits to the Environment and Society

  • Meeting electricity demands and ensuring electricity security in scarce areas.
  • Reduction in the burden of electricity costs by over 860,8023 baht using renewable energy and energy storage systems.
  • Reduction of environmental pollution, greenhouse gas emissions and impacts on climate change.
  • Supporting government policies to increase the share of renewable energy consumption.
  • Reduces greenhouse gas emissions by up to 194,677 kg CO2 equivalent per year.
  • The results of the Social Return on Investment (SROI) from the project related to the installation of photovoltaic systems and energy storage systems are equal to 1 to 4.69 (only for 8 community health centers in Om Koi District).
  • Generating additional income for the Shrimp Cooperative Community in Chanthaburi Province for 4.39 Million Baht from the installation of a solar power system.

Operational Goals

  • Increase the proportion of electricity generation from renewable energy to 37% by 2023, with a long-term goal to increase electricity generating capacity from renewable energy to 8,000 MW by 2030.
  • Carry out a project to improve overall efficiency by constructing a new power plant to replace the existing one by 2022.
  • Deliver 1000 kW of renewable energy power generation systems and energy storage systems to communities in need nationwide by 2025.
8: 8.1, 8.2, 8.3, 8.4, 8.5, 8.6, 8.7, 8.8, 8.9
Incentives and Connections to the Business
GPSC Group acknowledges that electrical security is essential to building jobs and income, which is a critical and fundamental factor for promoting good quality of life for people, society, and improving the overall economy of the country to ensure stability at the micro and macro level. GPSC is determined to expand its comprehensive energy production and delivery capacity both domestically and internationally in order to build stability and increase new opportunities for business operations while also allowing these to run smoothly. This will also ensure the safety of life and property for all citizens by our commitment to this matter, which is in accordance with goal 8 Decent Work and Economic Growth.

Operation Plan

  • Strictly abide by labor laws and regulations, resist all forms of illegal employment, and operate in accordance with the human rights policies of the company.
  • Provide suitable and safe working space by conducting a safety culture plan for the company groups and working on safety assessments for contractors.
  • Promote decent employment and economic growth through the Employment Increase Program.
  • Support the utility project in order to promote the Eastern Economic Corridor (EEC) and the Eastern Economic Corridor of Innovation (EECi) to stimulate economic development.
  • Carry out energy performance optimization projects and technology investments to produce energy to create economic stability and promote employment.
  • Promote economic growth of major and secondary cities of Thailand through the internal programs and activities of the company.
  • Monitor and terminate child and adolescent labour in accordance with international human rights standards.
  • Promote sustainable tourism areas in Bang Krachao in cooperation with PTT Group.
  • Launch a 6-month short-term employment program, Restart Thailand, to enhance the experience and help 25 new graduates during the COVID-19 crisis.
  • Expand electricity generating capacity in the industrial areas domestically and internationally, especially in the targeted countries, to support economic growth by developing power plant projects to develop power grids and support economic growth.

Benefits to the Company

  • Increase new business opportunities.
  • Economic growth has resulted in an increase in demand for the electricity and products of the company.
  • Good image creation for the company.
  • Enhancement of knowledge, skills and expertise of personnel, as well as work efficiency.
  • Retainment of employees and reduction of turnover rates in the organization.

Benefits to the Environment and Society

  • Reduced greenhouse gas emissions by 56,801 tCO2e from the energy performance optimization project
  • Promotion of economic growth at the operational area and the national level.
  • Promotion and increase of local employment.
  • Creation of green spaces and increase in tourist destinations.
  • Monitor and terminate employment related to human rights violations.
  • New graduates gain hands-on experience from their work.

Operational Goals

  • Increase power generation by at least 1,500 MW by 2025
  • Increase the proportion of electricity generation from renewable energy to 37% by 2023, with a long-term goal to increase electricity generating capacity from renewable energy to 8,000 MW by 2030.
  • Develop and invest in power plant projects in Thailand and internationally, which help promote employment and economic growth.
  • Develop joint thermal and renewable energy projects in the EEC and EECi projects
  • Operate the safety culture plan in the operational area of the GPSC Group. Follow up and assess outstanding contractors in the field of safety operations to be part of suppliers selection criteria.
  • Launch 6-month short-term employment program, Restart Thailand, in 2022, continued for the second year and extended the period of new graduates' employment from 6 months to 1 year for not over 20 people.
9: 9.2, 9.4, 9.5
Incentives and Connections to the Business
Innovation is a key factor in driving business, promoting learning, as well as developing the GPSC group. Therefore, initiatives to promote innovation that support sustainability both for business and society, such as research studies on energy storage with business partners and the construction of a prototype battery factory are crucial to prepare for future energy storage needs, infrastructure development, and GPSC Young Social Innovator (YSI) program, which is part of the social responsibility strategy of the GPSC Group. The program gives the youth the opportunity to use their creativity through projects, products, or other methods to solve social, economic, and environmental problems, as well as to raise awareness of the youth on the efficient use of energy and natural resources to reduce the negative environmental impacts and to strengthen the economy at the local and national levels, etc. This innovation program is in line with goal 9: Industry, Innovation, and Infrastructure.

Operation Plan

  • Construction of a prototype battery (Semi-Solid) plant with a 30 MW/year output capability, which is a key factor in the development of renewable energy power plants and undertaking plans to expand the production capacity to meet future demands.
  • Installation of an 18 kW floating solar power system for agricultural learning at the Innovative Agricultural Learning Center, Chitralada Institute of Technology, Wang Chan District, Rayong Province.
  • Research and development of Smart Energy Storage System (ESS), which is used to store and use energy efficiently.
  • Implement the Smart Farming project in Khao Chamao District, Rayong Province, and Boklua District, Nan Province, and study the guidelines with Sa Kaeo College of Agriculture and Technology.
  • Conducting an innovation contest project in collaboration with Chulalongkorn University and Chiang Mai University, with plans to expand cooperation to other educational institutions.
  • Drive Open Innovation Initiative with Chulalongkorn University and Chiang Mai University
  • The YSI program has continued for the fourth year with a more diverse and clear contest classification.
  • Expand business and investment in industrialized developing countries to optimize production processes and reduce environmental impacts through technology.
  • New innovation contest project for undergraduate students up to new graduates with ideas from GPSC business and products will be implemented in 2022.

Benefits to the Company

  • Addition of new business opportunities.
  • Cost savings from energy efficiency projects totaling 1,660,422,082 Baht
  • Good image creation for the company.
  • Transfer of new technology and innovation.
  • Increase the efficiency in the production process.
  • PR Value is at 2.96 Million Baht estimated from CSR GPSC Young Social Innovator (YSI) project
  • The Social Return on Investment (SROI) results from the CSR GPSC Young Social Innovator program are 1 to 1.62.
  • Completion of battery factory construction to serve as a battery base and grow the business.

Benefits to the Environment and Society

  • Promotion of industrial expansion and economic needs.
  • Products from the GPSC Young Social Innovator project are commercially available.
  • Communities receive better infrastructure and expand employment.
  • Promote research and innovation in science and technology.
  • The results of the Social Return on Investment (SROI) from the Smart Farming project in Khao Chamao District, Rayong Province is equal to 1 to 2.24, and in Boklua District, Nan Province is equal to 1 to 1.67.
  • More than 50 % of beneficiaries received skills-building training on innovation for the future world.

Operational Goals

  • Continuously promote the development of public utilities in the business area and support disaster relief efforts of the country.
  • Develop the Smart Energy project and business of selling cold water for air conditioning units in potential areas (District Cooling Business).
  • Applies energy expertise to improve productivity and implement utility improvement projects.
  • Hire at least 20 people per power plant in the expansion area by 2023 to promote employment in the energy sector.
  • A selection of projects won by the GPSC Young Social Innovator (YSI) Innovation Contest has been added to one or more commercial community development initiatives.
11: 11.1, 11.6
Incentives and Connections to the Business
To promote efficient and safe cities and settlements, GPSC Group has established guidelines for the community and social development through business and social activities in line with local needs and group expertise. Which can be categorized into four main approaches: (1) Building engagement with communities, (2) Improving the quality of life, (3) Environmental conservation, and (4) Education. This is in line with goal 11 Sustainable Cities and Communities.

Operation Plan

  • Developing utilities for schools, temples, and hospitals for communities surrounding the power plant.
  • Supporting education for youth and educational institutions both within and outside operational areas.
  • Support activities and traditions of the community as well as involve the community in developing and strengthening the community development plan.
  • A Memorandum of Understanding (MOU) was signed with the National Science and Technology Development Agency (NSTDA) to develop innovative solutions for society, such as solar panel coatings, community water filtration systems, and artificial intelligence technologies.
  • Implement the Smart Farming project in Khao Chamao District, Rayong Province, and Boklua District, Nan Province, and study the guidelines with Sa Kaeo College of Agriculture and Technology.
  • Implemented Huay Khab Smart Community Project in Ban Huay Khab Community, Boklua District, Nan Province, which supports the self-employment and income generation in the Luwa community, a traditional community in the area in terms of agriculture, technology, and sustainable community tourism.
  • Feasibility study of utilizing or recycling solid waste from communities around the operation area.

Benefits to the Company

  • The company is recognized and able to coexist with the community and society sustainably.
  • Creation of business opportunities.
  • Good image creation for the organization.
  • The community satisfaction survey on social responsibility and community development in Zero Waste Village was 74.6%.
  • 30 employees or equal to 120 hours participated in the Volunteer Work Program.
  • No complaints were received from the government agencies.
  • PR Value is at 1 Million Baht estimated from CSR Smart Farming and Huay Khab Smart Community.

Benefits to the Environment and Society

  • Promote access to basic utilities of the community.
  • 100,000 tons of solid waste are academically disposed.
  • 20 Zero Waste Village projects have been conducted, resulting in improved community waste management and generated income for the entire community of 90,792 THB per year.
  • Install a photovoltaic system for community health facilities in remote areas with an annual output of 342,018 kWh/year.
  • A total of 194,677 kg CO2e per year can be reduced in greenhouse gas emissions.
  • More than 130 community people in implementing area of Smart Farming project at Khao Chamao District, Boklua District, and Huay Khab Smart Community have learned more about using innovation in their careers and able to generate income.

Operational Goals

  • Obtainment of more than a 75% community satisfaction survey score for corporate social responsibility and development activities.
  • 100 employees participated in the Zero Waste Village program.
12: 12.2, 12.5
Incentives and Connections to the Business
GPSC Group realizes its social and environmental responsibility, especially in areas and communities close to its power plants. Therefore, initiating projects to support environmental conservation, promote the use of clean energy, and create ecological balance, such as via the energy conservation plan for each power plant, the recycling of wastewater in the factory, and the “Zero Waste Village” project. It has shared waste management knowledge with communities, created activities that support waste reduction, and generated income for 4 communities, namely, (1) Thap Ma Subdistrict Municipal, (2) Nam Khok Subdistrict Municipal, (3) Mabkha Pattana Subdistrict Municipal, (4) Nong Taphan Subdistrict administrative organization through 6 activities, including (1) Waste Bank, (2) Waste donation recycling, (3) Workshops with school leaders on waste management, (4) Building knowledge and understanding of waste management, (5) Green Market (6) Activities related to other waste management including promoting waste reduction, with all such commitments being in accordance with the sustainability goal 12 Responsible Consumption and Production.

Operation Plan

  • Conduct a Waste to Energy Project in Rayong, divided into two parts: a comprehensive solid waste disposal center and a commercial waste fuel power plant project.
  • Implement the company's energy conservation plan.
  • Implementing the 3R waste management projects, the Water Footprint Project, and also continuously reducing water and energy usage.
  • Improving the production of reverse osmosis (R.O.) and deionized water.
  • Reducing the generation of waste.
  • Developing a sustainability plan and assessing the environmental, social, and corporate governance risks (ESG) with suppliers.
  • Establish the Zero Waste Village project.
  • Reducing negative environmental impacts by promoting knowledge on community waste management in the four communities mentioned, including opening a community waste management-learning center for the public to study.
  • Establishing a project to reduce the amount of waste in the community by producing it as a soil amendment.
  • Applying waste from coal-fired power plants to be used as a mixture of lightweight concrete blocks for building construction.
  • Implement a project to install a water spraying system to trap dust generated by the electricity production from coal fuel.
  • Establish a comprehensive waste management learning center to turn waste into energy (Waste to Energy Learning Center)
  • In the process of improving and developing production processes to use resources efficiently. o Reducing the use of raw water in the production by the 3Rs process.
  • 42 energy efficiency projects are in the planning stage and will be launched from 2021 to 2029.

Benefits to the Company

  • Reduction of environmental, social, and corporate governance risks in supplier management.
  • Reduction of the use of resources, overall costs and costs in production and waste processes.
  • Reduce energy consumption and improve cost savings.
  • Improvement of resource utilization and overall management.
  • Reduction of complaint risks and legal regulations.
  • The Community Satisfaction Survey result was 74.6%.
  • PR Value is at 1 Million Baht estimated from the Zero Waste Village project.
  • 100 hours of employees participated in the project.

Benefits to the Environment and Society

  • Promotion of environmental, social, and corporate governance of suppliers.
  • Fostering resource conservation and sustainability.
  • Enhancing knowledge and understanding of efficient municipal waste management.
  • Generate income from garbage bank equal to 6,400 baht
  • Community solid waste is managed correctly by the academic standards for a total of 100,000 tons.
  • Reduce raw water consumption by 400,000 cubic meters per year
  • Install a water circulation system to save water consumption in the spraying system for dust trapping.

Operational Goals

  • Reduce the use of resources, which is in line with the goals of the PTT Group by 2019-2023.
  • Zero waste sent to disposal in landfills.
  • Establishing projects and activities in the area such as a garbage bank, charitable waste donation activities, basic waste separation activities, organic household waste management, student and teacher training program for school waste separation, waste processing projects to add value, green market projects, etc.
  • Reduction in the amount of waste by 200,000 tons in coal plants per year.
  • Reduction in the amount of wastewater by at least 260,000 cubic meters per year.
  • Reduction in the use of raw water by roughly 400,000 cubic meters per year.
13: 13.2
Incentives and Connections to the Business
Climate change, which is currently a major issue of global interest, has created cooperation from all government and private sectors to reduce the global temperature rise by no more than 2 degrees Celsius. Therefore, GPSC Group, as a power producer, is committed to being a key force in the use of clean and environmentally friendly energy in order to support the reduction of greenhouse gas emissions from its business activities, which is in accordance with goal 13 Climate Action.

Operation Plan

  • Participate in Low Emission Support Scheme (LESS) Thailand Voluntary Emission Reduction Program (T-VER) and Carbon Footprint Organization (CFO) Projects.
  • Establish measures to reduce greenhouse gas emissions within the company.
  • T-VER project certification from operations refers to the project to improve the equipment and water control system in the high-pressure boiler in the power plant Unit 3 (CFB3), the waste fuel production project from municipal solid waste in Rayong, and the project to reduce electric energy usage by replacing the impeller for the cooling system at the Central Utility Plant (CUP-3).
  • Implementing the G-infinite power project to manage integrated assets within the GPSC Group to increase the efficiency of electricity and steam generation to support the reduction of carbon dioxide emissions to more than 71,431 tCO2e per year.
  • Implement a green procurement program that selects only suppliers who are environmentally conscious and reduce greenhouse gas emissions.
  • Analyze the risks and opportunities of climate change that affect the company.
  • Plan to implement 42 energy efficiency projects from 2021 to 2029. Expected to reduce greenhouse gas emissions by a total of 1,240,929 tCO2e.

Benefits to the Company

  • Efficient usage of resources and establishment of a good management system.
  • Reduction in costs and expenses.
  • Reduction of the long-term impacts of climate change and environmental impacts on the company, such as droughts.
  • Projects can be registered to generate income by carbon credits trading.
  • Acknowledging the potential future damage from natural disasters and the policy and economic transition, resulting in appropriate response plans for the GPSC have been established.
  • Cost savings from energy efficiency projects totaling 1,660,422,082 Baht
  • Generate carbon credits totaling 3,028,774 tCO2e.

Benefits to the Environment and Society

  • Reduction of greenhouse gas emissions and climate change.
  • The average annual emission reduction is 432,682 from the Operational Area Energy Efficiency Project.
  • Reduction of other environmental impacts.

Operational Goals

  • Establish a long-term goal to reduce greenhouse gas emissions in line with the PTT group.
  • Reduce greenhouse gas emissions from LESS and T-VER projects of Thailand Greenhouse Gas Management Organization ( Public Organization : TGO).
  • Establish long-term targets for carbon neutrality and net-zero emissions according to national policies.
16: 16.5, 16.6
Incentives and Connections to the Business
Fair and transparent governance is the cornerstone of sustainable development. GPSC Group, therefore, attaches importance to fair and transparent corporate governance in accordance with good corporate governance, promoting human rights, anti-corruption, and all forms of corruption, with this commitment being in line with the sustainable development goal 16 Peace and Justice.

Operation Plan

  • Increasing awareness of ethical transparency and good corporate governance by organizing awareness-raising activities through various company activities such as corporate governance content training and business ethics through online channels, employee orientation, PTT Group CG day, and QSHE & KM Day, etc.
  • Participate in the assessment to become a member of the Anti-Corruption Coalition of the Thai private sector (CAC).
  • Organizing training on human rights for employees and assessing risks to cover all departments throughout the value chain.
  • Improving relevant policies and increasing ethical complaints channels.
  • Currently implementing a comprehensive framework for human rights and anti-corruption.
  • Developing ethical principles of good corporate governance.

Benefits to the Company

  • Transparency in business operations and reporting conflict of interest within the company.
  • Risk reduction in all forms of corruption.
  • Support ethical practices and good corporate governance.
  • Reduction in human rights risks within the organization.
  • 100 % of employees and supplier groups sign off on the Code of Business Conduct requirements.
  • No privacy breach issues found within the organization.

Benefits to the Environment and Society

  • Reduction in corruption and ensures personnel in being role models in society.
  • Raise awareness of corruption and respect for human rights through annual training provided by the company.
  • 10% of employees attend human rights training sessions.

Operational Goals

  • Number of test-takers and average test result scores from respondents of more than 80% regarding the business ethics of the company.
  • Conflicts of interest transparency report reach 100% of the management level.
  • Maintaining the membership of Thailand’s Private Sector Collective Action Coalition Against Corruption (CAC).
  • Achieve an excellent level (5 stars) in the Corporate Governance Survey Project, listed company.
  • Human rights risk assessments cover 100% of all operational areas.