Environmental Performance Data
Managing for Sustainability
Building a Sustainable Future Together. The Group believes that true business growth must be harmonized with the creation of global value. Beyond profitability, the Group’s core mission is to foster positive social and environmental impacts simultaneously. The Group has established a Sustainability Framework that is embedded in its corporate DNA, serving as a vital roadmap for driving the business toward sustainability across all dimensions:
With this framework in place, we are well positioned to become a leader in modern, environmentally friendly alternative energy, delivering maximum value fairly to all stakeholders and working together to build a better future for our planet.
The Group has integrated its sustainability commitment into the core of its business operations. This is executed through three primary strategies, known as the 'Triple-E Strategy,' ensuring that every step taken is a deliberate move toward a truly better and more sustainable world.
- Transitioning to renewable and clean energy in operations to reduce direct greenhouse gas emissions from the organization's activities and production processes.
- Enhancing energy efficiency to significantly reduce negative environmental impacts.
- Collaborating with stakeholders across the value chain to comprehensively promote low-greenhouse gas practices.
- Implementing rigorous verification and validation of greenhouse gas emissions, alongside transparent and auditable data disclosure.
- Research and development, including the application of advanced energy storage solutions in operations, utilizing environmentally friendly and sustainable materials.
- Driving innovation in new-generation electric propulsion technologies and high-efficiency battery technologies to achieve cost reduction and operational efficiency goals.
- Strategic investment in clean technologies and emerging innovations, such as Waste-to-Energy technology, clean hydrogen production, and Power-to-X technology, to accelerate greenhouse gas reduction and support the transition to a low-carbon society.
- Integrated and comprehensive development of an environmentally friendly value chain, from the upstream production of clean energy to the downstream use of products and services.
- Promoting community and stakeholder engagement through sustainable development projects to support carbon credit generation and drive shared, environmentally friendly growth.
The Group is firm in its belief that business growth must coexist in harmony with environmental stewardship and social responsibility. To reflect this commitment, the Group prioritizes sustainability management across all dimensions of its operations. The Group has established a comprehensive Sustainability Policy that serves as the definitive framework for its business conduct.
For further information, please refer to
Sustainability Policy
Greenhouse Gases Management
Management Approach
Climate management is central to our long-term business sustainability. Our focus extends beyond impact mitigation to building climate resilience and capturing growth opportunities within the transitioning low-carbon economy. The Company has systematically integrated the TCFD framework and IFRS S2 Climate-related Disclosures into our enterprise-wide risk management processes.
For further information, please refer to
TCFD - IFRS S2 Climate-related Disclosures
Performance
Case Study/Success Stories
Promoting a Low-Carbon Society
The Group is committed to addressing the challenges of climate change through the implementation of projects that actively and decisively reduce greenhouse gas emissions. This is achieved by participating in the Thailand Voluntary Emission Reduction Program (T-VER) to generate carbon credits from clean energy and eco-friendly transportation initiatives. These initiatives serve as a vital mechanism in supporting a tangible transition toward a low-carbon society.
Environmental Management
Management Approach
The Group is committed to advancing its management and business standards in harmony with sustainable environmental management. We prioritize Occupational Health, Safety, and Environment alongside social responsibility. This commitment encompasses all operations and employees, and extends to the Group's suppliers, business partners, and relevant stakeholders. It covers all business activities, products, logistics, and the distribution of goods and services. Additionally, it includes the continuous management of environmental pollution and waste at every stage of the value chain.
Quality, Environmental, Occupational Health, and Safety Policy
The group is committed to develop management standards. and conducting business along with sustainable environmental management Company concerned importance to safety hygiene and working environment and have social responsibility. This policy covers operations and employees of the company and encompass measures refer in Occupational Health & Safety Commitments. In addition, the company also places importance on resource management. It covers business activities, products, transportation, distribution of products, services, as well as environmental pollution and waste management, and in every step continuously. From the period before acquiring assets, mergers and acquisitions. Including planning, design, and operations in addition, this commitment is a direct duty and responsibility of all executives and employees and will be conveyed to suppliers, partners as well as recipients of relevant stakeholders.
For further information, please refer to
Quality, Environmental, and Occupational Health and Safety Policy
Case Study/Success Stories
Reporting on environmental violations
The Company strictly complies with relevant environmental laws and regulations. From 2019-2024, there were no environmental violations and the Company has not paid any significant fines (Environmental Violations Fine since USD 10,000 or more) related to environmental issues.
Environmental Management System (EMS)
The Group has developed and implemented an Environmental Management System (EMS) in accordance with the ISO 14001 standard.
For further information and to view our official certifications, please visit:
Awards and Certifications
Waste Management
Management Approach
The Group focuses on waste reduction and material recovery to minimize the waste generated by its business operations. Key ongoing initiatives include repurposing solar panels with diminished efficiency for on-site power generation within other facilities or to provide electricity to local communities. Furthermore, the Group has established a formal Waste Management Procedure to ensure proper disposal and mitigate any adverse environmental impacts. This procedure encompasses the management of both general and hazardous waste resulting from various processes and internal activities. It also includes strict controls for the sorting and classification of waste streams, ensuring that all hazardous materials are transported for disposal through authorized channels.
Furthermore, the Group implements a holistic waste management approach, throughout the across value chain, from raw material sourcing to final disposal. Building on past performance, the Group manages waste through the 3Rs strategy (Reduce, Reuse, Recycle), prioritizing resource reduction, reuse, and material recovery. In addition, the Waste Management Procedure is regularly reviewed and updated to ensure its ongoing effectiveness. To drive sustainable business development, the Group fosters environmental awareness among employees, striving for environmental excellence and strict legal compliance. This is further reinforced by the '3Rs Campaign Communication' initiative, which promotes resource efficiency and emphasizes the core principles of the 3Rs, supported by robust management processes and consistent monitoring and evaluation.
Performance
*Operational Data for Renewable Power Plants
Case Study/Success Stories
Waste Reduction Project
Reducing Wastewater Contamination from Glycerin Distillation Tower Cleaning. The Group has successfully implemented a project to mitigate wastewater contamination arising from the cleaning process of glycerin distillation towers by integrating a Filter Press system. This technological application allows wastewater to be effectively treated and filtered, enabling its recirculation and reuse within the production process. As a result of this sustainable initiative, the Group has achieved a significant environmental and economic impact, reducing wastewater disposal by 60 tons per month and realizing a cost saving of 54,000 THB per month in treatment and disposal expenses.
Energy Management
Management Approach
The Group manages its energy consumption by continuously developing and optimizing its Energy Management System for maximum efficiency. Furthermore, the Group establishes annual targets and formulates Energy Conservation Action Plans. These plans serve as a roadmap to effectively reduce the consumption of both fuel and electricity across all operations.
Performance
Case Study/Success Stories
Energy Conservation Initiatives by Business Unit
Water Management
Management Approach
The Group manages operational water use by reclaiming and recycling treated water to minimize overall freshwater consumption. Furthermore, we plan to utilize high-quality treated effluent for maintaining green spaces, such as plant irrigation, to substitute the use of municipal water. We also actively promote awareness and initiatives to ensure that water resources are utilized with maximum efficiency and value. Although some projects are located in high water stress areas, the Group’s water consumption remains at levels that do not adversely affect local stakeholders. Moreover, the Group maintains a robust water management plan that prioritizes the needs and concerns of all stakeholders.
The Group prioritizes water stewardship as a core sustainability commitment by establishing an "Integrated Water Efficiency and Risk Management Report." This reflects a proactive approach to maximizing water efficiency and systematically managing related risks to ensure zero impact on the environment and surrounding communities.
For further information, please refer to
Integrated Water Efficiency and Risk Management Report
Performance
Case Study/Success Stories
Water Consumption Reduction Project
For 2024 performance, the amount of water used in the production process is 110,680 cubic meters and the amount of recycled water is 4,824 cubic meters from the operation of 2 projects, as shown below:
Air Pollution Management
Management Approach
The Group is firm in its belief that business growth must coexist with a deep sense of environmental and social responsibility. This conviction is the foundation of the Group's Social and Environmental Policy, which is clearly defined within its corporate handbook. The Group prioritizes minimizing environmental impacts and is committed to reducing and preventing pollution across every stage of its operations. To achieve these environmental objectives, the Group has implemented an Environmental Management System (EMS) in accordance with the international ISO 14001 standard. This system operates under the direct oversight of the Corporate Governance and Sustainability Committee. Furthermore, the Group has integrated greenhouse gas (GHG) emission reduction targets into the Key Performance Indicators (KPIs) of both employees and executives. This integration fosters motivation and ensures that operational execution aligns strictly with the Group's sustainability roadmap.
The Group prioritizes continuous air quality management across its operations. This involves the monitoring and control of key pollutants, including Nitrogen Oxides (NOx), Sulfur Dioxide (SO2), and Volatile Organic Compounds (VOCs). These efforts ensure full compliance with established standards and legal requirements. Furthermore, the Group consistently monitors and reports Total Suspended Particulate (TSP) data. This monitoring serves as a framework for surveillance and the development of measures to mitigate health impacts on both employees and surrounding communities. These actions reflect the Group's commitment to fostering a healthy and sustainable environment for all.
For further information, please refer to
Manual
Performance
Case Study/Success Stories
Air Quality Monitoring Results: Solar Power Plant Operations
The Group implements air quality management practices by monitoring and controlling air pollutant emissions in strict compliance with legal requirements. Emission levels are maintained below the regulatory limit of 0.33 milligrams per cubic meter (mg/m3).
Biodiversity Management
Goals
Management Approach
The Group recognizes the vital importance of protecting ecosystems within its operational areas. Accordingly, we have established a "Biodiversity Commitment" and adopted a comprehensive biodiversity risk management framework. This framework aims to minimize negative impacts through the Mitigation Hierarchy: Avoid, Minimize, Restore, and Offset.
For further information, please refer to
Biodiversity Commitment
Biodiversity Risk Assessment and Disclosure
The Groups recognizes the significance of biodiversity risk management. Consequently, the Group conducted its inaugural biodiversity risk assessment and reporting in 2024. This assessment followed the LEAP approach (Locate, Evaluate, Assess, Prepare), aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). The scope covered the direct operations of 12 renewable power plants in Thailand, with plans to expand this assessment across all business units in the future. The findings revealed several ecosystem dependencies, particularly regarding climate regulation and surface water sources. Furthermore, key risks requiring close monitoring were identified, such as impacts related to wildlife and pollution. The Group is committed to utilizing these findings as a foundation for continuously developing strategies and mitigation measures. As a next step, in-depth assessments will be conducted for high-risk areas to develop appropriate Biodiversity Action Plans (BAPs).
Application of the Mitigation Hierarchy Principle
To ensure sustainable business operations, the Group has adopted the Mitigation Hierarchy as its core framework for biodiversity management. We focus on systematically preventing and minimizing negative impacts arising from our operations integrated across all business activities. This approach ensures that our business growth remains in harmony with the environment and does not adversely affect local ecosystems.
For further information, please refer to
Biodiversity Risk and Assessment Report
Performance
Biodiversity Risk Assessment
The Group’s 2024 biodiversity risk assessment focuses primarily on the direct operations of its renewable energy business. This scope encompasses 8 wind power projects and 4 solar power projects located within Thailand. The total assessed area, including operational sites and adjacent buffer zones, covers 1,315 hectares across 182 assessed points. Furthermore, the assessment extends to the value chain, featuring a qualitative evaluation of Operations and Maintenance (O&M) suppliers. It also includes an analysis of the national grid connection within the downstream value chain. The Group is committed to expanding this assessment to cover the entire value chain in the future. The summary of the operational site assessment, highlighting areas with significant biodiversity impacts.
The following section identifies the specific operational areas found to have significant impacts on biodiversity:
Green Space Expansion
The Group is dedicated to being an environmentally conscious organization, striving to restore and maintain the country's natural balance. Through green space expansion, the Group aims to conserve natural resources, enhance ecosystems, and mitigate global warming. Furthermore, these initiatives foster community engagement in the sustainable preservation of forest resources. Consequently, the Group has launched a reforestation project with a target to plant 32,000 trees across 500 rai within 7 provinces by 2037.
Case Study/Success Stories
Biodiversity Studies in Wind Power Projects
Wind power plants may impact local ecosystems and wildlife habitats, particularly for birds and bats. Recognizing the importance of ecological preservation, the Group has conducted biodiversity studies surrounding its wind power project sites in Chaiyaphum, Nakhon Si Thammarat, and Songkhla to collect baseline data during both pre-construction and operational phases. This initiative includes providing specialized training on bird and bat species identification to site personnel, which was implemented at the Nakhon Si Thammarat wind power plant.
Beyond training, field surveys were conducted in collaboration with experts to monitor local bird species and their populations. At Project Site 2, where turbines are located within the Na Saton Municipality, a total of 27 bird species were identified. Key species observed include the Painted Stork (Mycteria leucocephala), Little Grebe (Tachybaptus ruficollis), Spotted Dove (Spilopelia chinensis), Common Moorhen (Gallinula chloropus,) Great Egret (Ardea alba), Little Egret (Egretta garzetta), and Woolly-necked Stork (Ciconia episcopus). In 2024, the Group continues to consistently monitor bird and bat populations across its project sites in Chaiyaphum, Nakhon Si Thammarat, and Songkhla.
