Climate Change Data

PTT Public Company Limited

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:39.4 million tonnes carbon dioxide equivalent
Scope 1 Emissions:29.71 million tonnes of carbon dioxide equivalent
Scope 2 Emissions:1.32 million tonnes of carbon dioxide equivalent
Scope 3 Emissions:127,046,865 tonnes CO2 equivalent
Water Consumption:137.66 million cubic meters
Waste Generated:19,534.06 tons

ESG Focus Areas

  • Climate Change
  • Sustainable Governance
  • Product Stewardship

Environmental Achievements

  • PTT Group’s greenhouse gas emissions intensity was according to the target of not more than 39.4 million tonnes carbon dioxide equivalent.
  • Reduced activated carbon waste disposal of more than 296,420 kilograms.
  • Reduced greenhouse gas emissions and energy consumption at an NGV station.

Social Achievements

  • Employee engagement score increased to 78%, exceeding the target of 73%.
  • Opened 6 branches of the “Café Amazon for Chance” coffee shop to provide job opportunities for the deaf and elderly.
  • Supported victims of natural disasters through providing survival kits, blankets, fuel oil, and cash donations.

Governance Achievements

  • Received the “NACC Integrity Awards” from the Office of the National Anti-Corruption Commission (NACC) for the eighth time.
  • Revised Anti-Corruption Policy and Corruption Risk Assessment Manual.
  • Developed digital tools to enhance transparency in operations.

Climate Goals & Targets

Long-term Goals:
  • Achieve zero emission rate of SO₂, NOx, and VOCs by 2020.
  • Achieve zero road accidents by 2022.
Medium-term Goals:
  • Increase the proportion of PTT Group’s revenue from low-carbon products by 2023.
  • Reduce water consumption intensity by 12.6% for production and 10% for office buildings by 2030 (compared to 2013).
Short-term Goals:
  • Reduce PTT Group’s greenhouse gas emissions by 20% compared to business-as-usual scenarios by 2030.
  • Integrate carbon pricing into investment decisions by 2020.
  • Zero hazardous waste to landfill by 2020.

Environmental Challenges

  • Balancing the needs of all stakeholder groups.
  • Rapid advancements in science and technology impacting business operations.
  • Increasing demand for clean energy.
  • Cybersecurity risks due to greater reliance on technology.
  • Managing risks associated with capital projects and supply chain.
Mitigation Strategies
  • Developed the “Pride and Treasure of Thailand” strategy, prioritizing sustainability management in 3 dimensions (People, Planet, Prosperity).
  • Implemented cybersecurity measures, including ISO/IEC 27001 compliance and a security control team.
  • Increased investments in basic infrastructure to support energy sourcing and distribution.
  • Developed a Business Continuity Management (BCM) Plan and received ISO 22301:2012 certification.
  • Implemented the PTT Group Procurement and Supplier Management Policy and Integrity Pact.

Supply Chain Management

Supplier Audits: 100% of the annual plan

Responsible Procurement
  • PTT Group Procurement and Supplier Management Policy
  • Government Procurement and Supply Management Act B.E. 2560 (2017)
  • Integrity Pact

Climate-Related Risks & Opportunities

Opportunities
  • Investments in renewable energy businesses and businesses in the Electricity Value Chain.
  • Development of electric vehicles.

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards 2016, International Integrated Reporting Council (IIRC) framework, UN Global Compact, TCFD

Certifications: ISO 22301:2012 (Business Continuity Management), ISO 14021:2016 (GREEN FOR LIFE label)

Third-party Assurance: KPMG Phoomchai Audit Ltd.

UN Sustainable Development Goals

  • SDG 7
  • SDG 8
  • SDG 12
  • SDG 13
  • SDG 14
  • SDG 15
  • SDG 16

Integrating commitments into strategies and annual enterprise plans of each relevant function.

Sustainable Products & Innovation

  • Gasohol 91, Gasohol 95, Gasohol E20, Gasohol E85, Diesel B10, Diesel B20, and Diesel Ultra Force.
  • Biodegradable bio-plastics
  • Residential Battery Pack
  • Electric Vehicle (EV) Wall Charger
  • Integrated Pipeline Maintenance Monitoring System (IPMMS)

Awards & Recognition

  • SET Awards 2019 (Best Sustainability Awards and Best Investor Relations Awards)
  • Royal Award from HRH Princess Maha Chakri Sirindhorn
  • SOE AWARD 2019 (multiple awards)
  • The 8th NACC Integrity Awards
  • Gold Medal from the 47th International Exhibition of Inventions Geneva
  • The Asset ESG Award in Innovation Initiative
  • 9th Asian Excellence Awards (multiple awards)