Why is this Important?

EGCO Group is committed and dedicated to conducting business with awareness of the value and importance of the ecosystem, environmental protection, as well as biodiversity in the operational areas of all power plants to its fullest extent.

Management Approach

Biodiversity Target and Commitment

Long Term Target
  • Achieve a no net loss of biodiversity relative to 2021 levels by 2030 and are determined to prevent and minimize the impact of our activities across the lifecycle of our power plants

  • Achieve net positive impact across all our operations and supply chains

  • Avoid operation/exploration/M&A in World Heritage areas and IUCN Category I-IV protected areas

  • Achieve no gross deforestation across all our operations and supply chains within 2030, which includes no deforestation of natural forests, including High Carbon Stock forests; No conversion of other natural ecosystems, including peatlands of any depth; and protection of natural forests and ecosystems within our area of influence

2023 Target
  • 100% of EGCO Group’s power plants have set up a target for Net Gain from projects implemented to conserve and restore ecosystems and biodiversity

  • Target No Net Loss in operations implemented according to the prevention plan and reduce environmental impacts from power plants with commercial operations

  • Power plants with plans to restore or offset impacts of project implementation during the construction phase are able to restore or offset 100% of the proportion within the time period planned

  • Conduct a biodiversity survey at Khanom Power Plant, as continued from 2020 to create a list of species, population size estimation, conservation status, and ecological value for species indicated in the Wildlife Conservation and Protection Act, B.E. 2546 (2003), CITES, IUCN Red Data Book (2015), and including endemic wildlife and species that have never been reported before

  • Participate in training and activities conducted by Thailand Biodiversity Network Alliance (B-DNA) and promote such knowledge to EGCO Group’s power plants, starting from Khanom Power Plant

  • Review and improve the Biodiversity Statement of Commitments and set targets in writing and ensure targets are communicated to relevant departments

2023 Performance
  • EGCO Group’s power plants have No Net Loss to biodiversity from operations implemented according to the prevention plan and reduce environmental impacts from power plants with commercial operations

  • Power plants with plans to restore or offset impacts of project implementation during the construction phase are able to restore or offset 100% of the proportion within the time period planned

  • Conducted biodiversity survey at Khanom Power Plant which covers birds, insects, benthic animals, reptiles amphibian small mammals and large mammals, as well as conducted training workshops

  • EGCO’s employees and volunteers from Khanom Power Plant promoted biodiversity conservation. Management representative of Khanom Power Plant participated in 2 training activities organized by Thailand Biodiversity Network Alliance (B-DNA)

  • Conduct a review and update the Biodiversity Statement of Commitments, setting targets and methods for managing biodiversity and conserving forest resources through the Biodiversity and Forested Resource Conservation Commitments

Biodiversity Management

EGCO Group prioritizes ecosystem and biodiversity conservation across all operational areas. The company therefore announced its Biodiversity and Forested Resource Conservation Commitments as fundamental operating principles for all commercially operated power plants and new projects.

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Biodiversity Exposure & Assessment

[GRI 304-1 (2016), 304-2 (2016), 304-3 (2016)]

EGCO Group developed its manual on environmental and social management systems in 2020.

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Biodiversity Preventive Measures

[GRI 304-3 (2016)]

To ensure that ecosystems and biodiversity surrounding EGCO Group’s power plant are conserved and appropriately managed.

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Related Documents

Policies, Requirements and Performance

  • Sustainability Manual
  • Biodiversity and Forested Resource Conservation Commitments
  • Biodiversity Progress Report
  • ESMS Manual for Biodiversity Action Plan Development

Updated as of April 2024

The information reported above was prepared in accordance with the Global Reporting Initiative Standards (GRI Standards). It has been audited by an external party and has received limited assurance through the 2023 Annual Report.