Organization Contributions

[GRI 2-28 (2021)]

EGCO Group has operated with good governance and intention that “corruption is unacceptable for any activities involving public and private sectors”. EGCO Group therefore establishes donation and support guidelines, regulations to apply for a membership of only the external organizations that state clear objectives, comply with the law, are transparent and auditable, as well as support the advancement of EGCO Group’s sustainable development according to corporate obligations.

Energy Sector and Sustainability Network

Network EGCO Group Engagement and Value

Electricity Supply Industry Association of Thailand (TESIA)
  • Participate in the promotion of technology in the electrical industry of Thailand
  • Exchange knowledge, experience and research technology in the engineering field
  • Building good relationships among the members
  • Engage in public interest activities

Petroleum Institute of Thailand (PTIT)
  • Support and promote the organization and people development for petroleum and petrochemical business
  • Support research promotion and conducting business in accordance with the relevant law of petroleum business

Association of Private Power Producers (APPP)
  • Support and promote energy network relationships in order to create electricity security in Thailand
  • Participate in promoting and supporting ethical practices (including social responsibility) in accordance with the objectives of the Association

Power Producer Industry Club
  • Participate in promoting and supporting cooperation in research, technology development and product quality to meet the needs of users

International Council on Large Electric System (CIGRE)
  • Knowledge and technique sharing among the members whose business is involved in the high voltage activities regarding the production, transmission and distribution of electric power

Thai Chamber of Commerce
  • Participate in promoting, supporting and complying with trade regulations as well as protecting trade interests and enhancing competitiveness to drive country growth

Federation of Thai Industries (FTI)
  • Support and promote the implementation of government policies together with other private sectors

Thailand Business Council for Sustainability Development (TBCSD)
  • Participate in promoting and supporting the implementation of projects to improve the quality of life, society and the environment
  • Support the policy and strategy for sustainable development of the organization and Thailand

Thai Listed Companies Association
  • Become a member and support the development of Thai listed companies on the Stock exchange of Thailand, including the knowledge sharing on rules and practices of the listed companies

Thailand Environment Institute (TEI)
  • Operate the business in accordance with the country’s environmental policies, strategies and directions.
  • Participate in promoting and supporting the development of knowledge, innovation and environmental standards as well as develop the potential of business operations for natural resource management and environment for sustainability

Global Compact Network Thailand (GCNT)
  • Support the implementation of sustainability strategies such as the UN Sustainable Development Goals and the UN Global Compact's 10 Global Principles.
  • Improve the management of labor issues, human rights, environmental protection and systematic anti-corruption in accordance with the 10 international principles of the UN Global Compact.

Thailand Carbon Neutral Network (TCNN)
  • Support and build cooperation in enhancing the reduction of GHG emissions among governments, other private sectors and local communities to create sustainable growth in achieving net GHG emissions which are in line with the commitment of the Paris Agreement on Climate Change

Thailand Bio-Diversity Network (B-DNA) Alliance
  • Support and strengthen the Company’s role in the conservation of nature in Thailand, focusing on biodiversity to achieve the Sustainable Development Goals and Aichi B-DNA, Biodiversity Goal

Topics supported by EGCO Group

  • Promotion of technology and innovation in the electricity industry

    Support technology and innovation of power industry

    • Provide supports

    Total contribution in 2022:

    299,211.62 Baht

    Participation of EGCO Group

    EGCO Group participated in and provide supports to various commercial associations having the objectives in promotion and development of power technology. In addition, EGCO Group is one of the founder of Electricity Supply Industry Association of Thailand (TESIA) together with Electricity Generation Authority of Thailand (EGAT), Provincial Electricity Authority (PEA), Metropolitan Electricity Authority (MEA), and RATCH Group, with the objectives to promote, exchange knowledge and experiences about technologies, power industry in particular, as well as building relationship and promote solidarity among members, and protect interests and professional stability of members having professions relating to electricity transmission or selling. Currently, EGCO Group has 2 representatives i.e., 1st Vice President and Committee of the TESIA.

    In 2022, EGCO Group supported in setting the Electricity Supply Industry Conference 2022 under the topic Electricity Supply Industry – Moving Toward to Carbon Neutral and as well as panel discussion on carbon neutral of electricity industry.

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  • Promotion and contribution member to strengthen carbon neutral networks

    Building good understanding and relationship between private power producers in Thailand

    • Provide supports

    Total contribution in 2022:

    538,750 Baht

    Participation of EGCO Group

    EGCO Group is a contribution member and provides support to various activities on carbon neutral commitments. EGCO Group takes part in the collaboration and exchange of knowledge on climate change to enhance greenhouse gas reduction initiatives in the energy sector, as well as drives national climate policies and strategies. At present, EGCO Group is a member of the Global Compact Network Thailand (GCNT), Thailand Business Council for Sustainability Development (TBCSD), and Thailand Carbon Neutral Network (TCNN) which has an objective of promoting the quality of life in the society and the environment, as well as create sustainable growth in a climate-friendly society.

Global Sustainability Network

UN Global Compact

EGCO Group became a member of the UN Global Compact in 2022 to support the UNGC's 10 Principles covering Human rights, Labour, Environment and Anti-Corruption. Furthermore, to demonstrate commitment and performance consistent with the 10 Principles and the SDG Goals, EGCO submit an annual progress report (Communication on Progress: CoP) consistent with the company sustainability reporting to UNGC.

Letter of Commitment to support the UNGC’s 10 Principles and the SDG Goals

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Sustainability Report 2021

10 Principles of the UN Global Compact

Human Rights
Principle 1:
Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2:
make sure that they are not complicit in human rights abuses.
Labour
Principle 3:
Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4:
the elimination of all forms of forced and compulsory labour;
Principle 5:
the effective abolition of child labour; and
Principle 6:
the elimination of discrimination in respect of employment and occupation.
Environment
Principle 7:
Businesses should support a precautionary approach to environmental challenges;
Principle 8:
undertake initiatives to promote greater environmental responsibility; and
Principle 9:
encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption
Principle 10:
Businesses should work against corruption in all its forms, including extortion and bribery.
EGCO UNGC Communication on Progress 2022
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2021 Communication on Progress: CoP
Criterion Description One Report 2021 (Page)/ EGCO Website
1 The CoP describes mainstreaming into corporate functions and business units.
2 The CoP describes value chain implementation.
3 The CoP describes robust commitment, strategies or policies in the area of human rights.

 
4 The CoP describes effective management systems to integrate the human rights principles.
5 The CoP describes effective monitoring and evaluation mechanisms of human rights integration.
6 The CoP describes robust commitment, strategies or policies in the area of labor.
7 The CoP describes effective management systems to integrate the labor principles.
8 The CoP describes effective monitoring and evaluation mechanisms of labor principles integration.
9 The CoP describes robust commitment, strategies or policies in the area of environmental stewardship
10 The CoP describes effective management systems to integrate the environmental principles.
11 The CoP describes effective monitoring and evaluation mechanisms for environmental stewardship.
12 The CoP describes robust commitment, strategies or policies in the area of anti-corruption.
13 The CoP describes effective management systems to integrate the anti-corruption principles.
14 The CoP describes effective monitoring and evaluation mechanisms for the integration of anti-corruption.
15 The CoP describes core business contributions to UN goals and issues.
16 The CoP describes strategic social investments and philanthropy.
17 The CoP describes advocacy and public policy engagement.
18 The CoP describes partnership and collective action.
19 The CoP describes CEO commitment and leadership.
20 The CoP describes Board adoption and oversight.
21 The CoP describes stakeholder engagement.