Biodiversity Overview
Why is this Important?
EGCO Group is determined and committed to operating business fully cognizant of the ecosystem’s values and importance. We aim to protect the environment, as well as biodiversity in all operational areas of power plants to the utmost of our ability.
Management Approach
Biodiversity Target and Commitment
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Operations implemented are committed to No Net Loss of biodiversity equivalent to 2021 by 2030 and are committed to reducing ecosystem and biodiversity impacts caused by activities throughout the power plant’s life cycle
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Power plants operating in close proximity to the conservation areas of the International Union for Conservation of Nature (IUCN) or UNESCO World Heritage areas contribute to Net Positive Impact on biodiversity from 2021 onwards
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Avoid operational activities in close proximity to the conservation areas of the International Union for Conservation of Nature (IUCN) or UNESCO World Heritage areas as announced in 2021 onward
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Commitment to No Gross Deforestation for new power plant projects and is committed to operating business with Net Zero Deforestation through restoring or offsetting loss to a better condition than the current operations condition
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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
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Target No Net Loss in operations implemented according to the prevention plan and reduce environmental impacts from power plants with commercial operations
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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
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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
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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
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Review and improve the Biodiversity Statement of Commitments and set targets in writing and ensure targets are communicated to relevant departments
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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
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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
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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
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EGCO’s employees and volunteers from Khanom Power Plant promoted biodiversity conservation. Management representative of Khanom Power Plant participated in 4 training activities organized by Thailand Biodiversity Network Alliance (B-DNA)
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Review and improve our Biodiversity Commitment by adding written targets which are guidelines indicated in the Environmental and Social Management System manual.
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Power plants with commercial operations operating before targets were implemented have to conserve green space in the power plants, accordingly to the EIA. To ensure that data on trees in green space were collected appropriately, Khanom Power Plant conducted a survey on a number of tree species, as continued from 2020. As a result, carbon sequestration was equivalent to 371.938 tons of carbon dioxide equivalent.
Biodiversity Management
EGCO Group recognizes the importance of conserving the ecosystem and biodiversity in all operational areas. The company announced its biodiversity commitment as a guideline for basic operating principles in power plants with commercial operations and new operations.
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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, EGCO Group has set up a committee of experts to inspect the progress of each project.
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Updated as of March 2023
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 2022 Annual Report.