Bangkok, EGCO Group shares experiences in disclosing SDGs data at the launch seminar. “Sustainable Development Goals Manual” by the SEC
Mr. Debarat Theppitak, President of Electricity Generating Public Company Limited or EGCO Group, shared experiences and exchanged opinions. To support the business sector in integrating the Sustainable Development Goals (SDGs) of the United Nations into their operations. and disclose sustainability information according to standards in the annual One Report of listed companies, highlighting SDG13 goals, climate change and energy management (Climate Action) as things that must be accelerated. At the opening seminar “Sustainable Development Goals Guide for Listed Companies and SDG impact standards” on the topic “Disclosure of sustainability information according to the Sustainable Development Goals (SDGs) in 56-1 One Report” organized by the Securities and Exchange Commission (SEC) at the hotel. Grand Hyatt Erawan Bangkok recently. At the event we were honored by Mr. Settha Thavisin, Prime Minister and Minister of Finance. He presided over the opening ceremony and gave a special speech.
In this regard, operating the electricity and energy production business sustainably for more than 31 years under good corporate governance, transparency and accountability. And has integrated sustainability (ESG) into every work process. In the first period, EGCO Group prepared a CSR Report, which continuously disclosed information on participation in community and social development. Along with the preparation of reports, both the annual information form (56-1) and the annual report (56-2) according to the rules of the SEC, later began to develop the report into Sustainability Report or the first sustainability report in a separate book along with the annual report in 2018, then disclosed sustainability information in the form of One Report in the voluntary sector in 2020 or 1 year in advance of the requirements of the SEC. . will come into effect. The contents of One Report cover the support and integration of the 17 Sustainable Development Goals of the United Nations. It is a framework for operations. As well as referring to the rules of the SEC, including standards and requirements for writing accurate reports, including GRI Standards and Integrated Reporting, the information disclosed in One Report has been verified and certified by external agencies. So that stakeholders can have confidence in the accuracy of the information.
From a total of 17 SDGs, EGCO Group has set 5 main goals which are directly consistent with the context and core activities of the company: SDG3, good health and well-being, SDG7, clean energy that is accessible to all, SDG8. Decent employment and economic growth, SDG9 industry, innovation and infrastructure, and SDG13 climate change and energy management (Climate Action), which are goals that all sectors give importance to and urgently resolve, by A KO Group has set the goal of moving towards a low-carbon society to help alleviate climate problems under the concept of “Cleaner, Smarter, and Stronger to Drive Sustainable Growth” which is divided into 3 phases:
• Short-term goals in 2030 (2030) reduce carbon dioxide emissions per unit of electricity produced (Carbon Emissions Intensity) by 10% and increase the proportion of electricity production from renewable energy to 30%.
• Medium-term goal in 2040 (2040) to achieve carbon neutrality (Carbon Neutral).
• Long-term goal in 2050 to achieve net zero greenhouse gas emissions (Net Zero).
However, monitoring, evaluating and disclosing sustainability information in EGCO Group's One Report reflects business operations based on concrete sustainability guidelines. Helps build confidence among investors and stakeholders in all sectors. It also helps evaluate the performance within the organization itself and can be used as part of answering sustainability assessments such as the Dow Jones Sustainability Indices (DJSI), which the company has been selected to be a member of. For 3 consecutive years, the "Sustainable Development Goals Guide for Listed Companies and SDG Impact Standards" will be an important tool to help the business sector drive the achievement of the SDGs effectively. By measuring and managing the important impacts of business on society and the environment. and integrate SDGs goals in the decision-making process, reporting, and internal management at all levels To mitigate negative impacts and maximize positive impacts on society and the environment. By still being able to achieve the business and financial goals of the company.
Source: Thai News Agency