General

GC is ranked number 1 as a global sustainable company out of 355 chemical companies worldwide.

Bangkok, The only GC in the world wins Top1% SandP Global ESG Scores, the number 1 global sustainable company out of 355 chemical companies around the world. 5 March 2024 - Bangkok: Dr. Kongkrapan Intarajang, Chief Executive Officer and President of PTT Global Chemical Public Company Limited or GC, revealed that GC has been ranked among the world's sustainable companies with a score of Top 1% SandP Global. ESG Scores are ranked number 1 with the highest score in the chemicals business group from more than 355 companies in the chemicals group worldwide. Reinforcing the image of a world-class sustainability model organization GC sets a strategy to become a low carbon organization. The goal is to reduce greenhouse gas emissions to net zero (Net Zero) by 2050, in line with the Paris Agreement under the United Nations Framework Convention on Climate Change. Through operations under a 3-pillar strategy that is clear and can be concretely measured. Efficiency-driven: Increase efficiency and reduce energy consumpt ion. Ready to increase the proportion of using renewable energy that is environmentally friendly. In 2023, there will be a total of 194 energy conservation projects, reducing energy use by more than 1.84 million gigajoules. Portfolio-driven: Adjust business structure to a low carbon business. and businesses that are consistent with bio-based products and circular economy principles (Bio and Circularity Business), including ENVICCO, a factory that produces high quality, food grade recycled plastic pellets that has been certified by Food and Drug Administration Office The Ministry of Public Health (FDA) is the first in Thailand. The United States Food and Drug Administration (US FDA) and the European Food Safety Authority (EFSA), which can help reduce used plastic in Thailand by more than 60,000 tons per year, help reduce emissions. Greenhouse gases: 75,000 tons of carbon dioxide equivalent Compensation-driven: Reforestation of both terrestrial forests and mangrove forests to absorb carbon from nature and res tore the ecosystem. which has operated continuously for more than 10 years (2013-present) in cooperation with government agencies, trading partners, business partners, and allies from upstream to downstream To achieve positive biodiversity conservation. It also creates careers and income for the community from agricultural products. GC aims to conduct business under the balance of the environment. (Environment), Society (Social), and Governance and Economic (ESG) and are committed to promoting sustainability throughout the business chain. by expanding cooperation to all sectors To create a concrete transition to sustainability both at the national and global level, GC is always aware that As a global citizen, the company Have duties and responsibilities to take care of Create a sustainable balance for every life. To pass on a better world to the next generation, 'The Sustainability Yearbook' is a ranking of sustainable companies. From the international sustainability assessment by SandP Global, in 2024, mor e than 9,400 companies worldwide participated in the assessment. Only 759 companies received scores that reached the criteria and were listed as Yearbook Members from 62 industry groups. SandP Global is considered an index. used to evaluate the effectiveness of business operations according to sustainable development guidelines of world-leading companies To ensure that the company There is management in every dimension according to ESG principles, able to create sustainable returns for investors. Including creating long-term value for stakeholders The results of this evaluation It is also used as information in considering becoming a member of the Dow Jones Sustainability Indices (DJSI) global sustainability index. GC is a member of the DJSI World Index, with the evaluation result being number 1 in the world in the chemical business group for 5 consecutive years as well. Source: Thai News Agency